Brown-Forman Earnings Reports

Brown-Forman's Q3 FY25 results showed a 3% decline in net sales to $1.035 billion, a 25% drop in operating income to $280 million, and a 5% decrease in diluted EPS to $0.57. The company attributed the decline to divestitures, lower volumes in certain segments, and foreign exchange effects but maintained confidence in its long-term strategy.

Brown-Forman reported a slight decrease in net sales for the second quarter of fiscal 2025, but diluted earnings per share increased. The company reaffirmed its full-year growth outlook, anticipating a return to growth driven by international markets and normalizing inventory trends.

Brown-Forman reported a decrease in net sales by 8% to $1.0 billion for the first quarter of fiscal 2025. Despite the decline, the company reaffirmed its full-year fiscal 2025 guidance, expecting organic top and bottom-line growth and continued gross margin expansion.

Brown-Forman reported a decrease in net sales for the fourth quarter of fiscal year 2024, but an increase in operating income and diluted earnings per share. The company's full-year results showed a slight decrease in net sales but significant growth in operating income and diluted earnings per share.

Brown-Forman reported a 1% decrease in net sales to $1.1 billion for the third quarter of fiscal year 2024. However, operating income increased by 116% to $373 million, and diluted earnings per share increased by 189% to $0.60.

Brown-Forman reported a 1% increase in net sales to $1.1 billion for the second quarter of fiscal 2024. Operating income rose by 8% to $339 million, and diluted earnings per share increased by 6% to $0.50. The company's first half results showed a 2% increase in net sales to $2.1 billion and a 1% increase in operating income to $666 million.

Brown-Forman Corporation reported a 3% increase in reported net sales to $1.0 billion for the first quarter of fiscal 2024. However, reported operating income decreased by 4% to $327 million, and diluted earnings per share decreased by 7% to $0.48. The company reaffirmed its full-year fiscal 2024 guidance of 5-7% organic net sales growth and 6-8% organic operating income growth.

Brown-Forman Corporation reported a 5% increase in net sales to $1.0 billion for the fourth quarter, with operating income increasing by 21% and diluted earnings per share increasing by 36% to $0.43.

Brown-Forman's Q3 2023 saw a 4% increase in reported net sales, reaching $1.1 billion. However, operating income decreased by 50% to $173 million, impacted by lower gross margin, a Finlandia brand impairment charge, and increased operating expenses. Diluted earnings per share also decreased by 61% to $0.21.

Brown-Forman Corporation reported a 10% increase in net sales to $1.1 billion for the second quarter of fiscal 2023. Operating income decreased by 2% to $313 million, and diluted earnings per share decreased by 4% to $0.47.

Brown-Forman reported strong first quarter fiscal 2023 results with net sales increasing 11% to $1.0 billion and diluted earnings per share increasing 30% to $0.52.

Brown-Forman reported a strong Q4 with net sales increasing by 23% to $996 million and diluted earnings per share increasing by 26% to $0.31. The company's performance was fueled by the resurgence of Jack Daniel's Tennessee Whiskey and broad-based growth across geographic clusters.

Brown-Forman Corporation reported a 14% increase in net sales to $1,037 million and a 19% increase in diluted earnings per share to $0.54 for the third quarter. The company's performance was driven by strong demand for its brands and effective management of supply chain challenges.

Brown-Forman Corporation announced strong net sales results for the second quarter of fiscal 2022, with net sales increasing by 1% to $994 million. The company has also raised its full-year outlook, expressing confidence in its growth momentum despite ongoing challenges from the pandemic and supply chain disruptions.

Brown-Forman's first quarter fiscal 2022 net sales increased by 20% to $906 million, with underlying sales up 18%. Operating income decreased by 25% to $289 million, while diluted earnings per share declined by 41% to $0.40, impacted by the sale of brands in the prior year. The company is closely monitoring potential volatility associated with the evolving pandemic and supply chain disruptions.

Brown-Forman's Q4 2021 net sales increased by 14% to $812 million. However, operating income decreased by 10% to $168 million, and diluted earnings per share declined by 6% to $0.25.

Brown-Forman's Q3 2021 showed a 1% increase in reported net sales to $911 million, but remained flat on an underlying basis. Operating income decreased by 8% to $281 million, and diluted earnings per share declined by 5% to $0.45. The company remains focused on executing long-term strategic priorities and delivering broad-based growth.

Brown-Forman reported essentially flat net sales for the second quarter of fiscal 2021, with a slight decrease in operating income and diluted earnings per share. However, underlying net sales grew by 4%. The first half of the fiscal year saw a slight decrease in reported net sales but an increase in reported operating income and diluted earnings per share.

Brown-Forman's first quarter fiscal 2021 results showed net sales down 2% to $753 million but up 3% on an underlying basis. Operating income increased 56% to $387 million, and diluted earnings per share grew 73% to $0.67.

Brown-Forman reported a 5% decrease in net sales for the fourth quarter of fiscal year 2020, totaling $709 million. Diluted earnings per share also decreased by 20% to $0.27. The company's performance was significantly affected by the COVID-19 pandemic, which impacted on-premise and travel retail channels.

Brown-Forman reported essentially flat net sales of $899 million (+3% on an underlying basis) for the third quarter. Operating income decreased 5% to $304 million (+5% on an underlying basis), while diluted earnings per share rose 2% to $0.48. The company revised its full-year outlook due to tempered expectations in some international markets and an increasingly uncertain global environment.