Brown-Forman Corp Registered Shs -B- Non Vtg

BF.B: XNYS (USA)

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Brown Forman Earnings: Emerging Market Sales Accelerate but US Demand Soft; Shares Cheap

Dan Su

Aug 28, 2025

Brown Forman's sales fell 3% in the first quarter but rose 1% organically. Operating profits fell 7% as margins narrowed 140 basis points to 28.2%. Management reaffirmed its 2026 outlook calling for low-single-digit declines in both organic sales and operating profits.

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Brown-Forman Corp Registered Shs -B- Non Vtg

Brown Forman Earnings: Emerging Market Sales Accelerate but US Demand Soft; Shares Cheap

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