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Jan 31, 2024
Brown-Forman Q3 2024 Earnings Report
Brown-Forman's Q3 2024 financial performance reflected a decrease in net sales, but increases in operating income and diluted earnings per share.
Key Takeaways
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.
Reported net sales decreased 1% to $1.1 billion.
Reported operating income increased 116% to $373 million.
Diluted earnings per share increased 189% to $0.60.
Gross margin expanded by 250 basis points.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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