Form 8-K · Current report
Brown–Forman 8-K, filed Sep 2, 2026
- Filed
- CIK
- 0000014693
- Accession no.
- 0000014693-26-000048
Summary
Brown-Forman reported first-quarter fiscal 2027 net sales down 1% to $911 million and operating income down 3% to $252 million, with diluted earnings per share up 6% to $0.38, and reaffirmed its full-year outlook for roughly flat organic net sales and organic operating income down 3% to 5%. CEO Lawson Whiting said the results were largely in line with expectations, with growth from New Mix and the ready-to-drink portfolio offsetting pressures elsewhere.
Key points
- Net sales fell 1% to $911 million and operating income fell 3% to $252 million, while diluted EPS rose 6% to $0.38; ready-to-drink net sales rose 20% on New Mix growth of 48%, partly offset by a 12% decline in tequila net sales.
- Brown-Forman declared a regular quarterly dividend of $0.2310 per share, payable October 1, 2026 to stockholders of record on September 3, 2026.
- Fiscal 2027 guidance anticipates approximately flat organic net sales and organic operating income declining 3% to 5%, with capital expenditures of $60–70 million.
- The company repaid the $343 million (€300 million) principal of its 1.20% senior notes at maturity on July 7, 2026, and reported operating cash flow of $173 million.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. On September 2, 2026, Brown-Forman Corporation issued a press release reporting its operating results for the first fiscal quarter and three month period ended July 31, 2026. A copy of this press release is attached hereto as Exhibit 99.1. The information pursuant to this Item 2.02 - Results of Operations and Financial Condition, including the information in Exhibit 99.1, is being furnished and shall not be deemed "filed" for any purpose, including for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed…
An excerpt of the text as filed with the SEC, cut for length.
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