Brown-Forman Corporation remains a Hold as Q1 results reinforce ongoing headwinds and limited near-term growth prospects. Organic sales declined 1% in Q1, with flat whiskey volumes and a 17% drop in Herradura Tequila net sales. Ready-to-drink category shows promise, but management expects gross margin to peak in Q1 and operating income to contract 3%-5% for FY27.
Brown-Forman Corporation (BF.B) Q1 2027 Earnings Call Transcript
Brown Forman NYSE: BF.A said its first-quarter fiscal 2027 results were largely in line with expectations, as growth from ready-to-drink products and Jack Daniel's Tennessee Blackberry helped offset pressure in used barrel sales, tequila and several developed international markets.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 249 | $6,551.19 | $6,975.73 | $424.54 | 6.48% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 24,089 | $659,076 | $673,046.66 | $13,970.66 | 2.12% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 234 | $6,268.86 | $6,507.54 | $238.68 | 3.81% |
| MR Marc Ravitz Grace & White Inc /NY | 110,355 | $5.79M | $3.09M | -$2.7M | -46.65% |
| NA Nizar Araji National Bank Of Canada /FI/ | 177 | $6,380.07 | $5,143.62 | -$1,236.45 | -19.38% |
| Beverages Industry | Consumer Staples Sector | Lawson E. Whiting CEO | NYSE Exchange | 115637100 CUSIP |
| US Country | 4,900 Employees | 3 Sep 2026 Last Dividend | 1 Mar 2018 Last Split | - IPO Date |
Brown-Forman Corporation is an emblematic company in the alcoholic beverage industry, engaging in the manufacture, distillation, bottling, importation, exportation, marketing, and sales of a wide variety of alcoholic beverages. With its rich history dating back to 1870, Brown-Forman has grown to become a global corporation with a diverse portfolio of brands that are enjoyed by consumers worldwide. Headquartered in Louisville, Kentucky, the company has expanded its operations across the United States, Germany, Australia, the United Kingdom, Mexico, and other international markets. It strategically addresses the needs of retail customers and consumers by distributing its products either through distributors, state governments, or directly to retailers and wholesalers. Brown-Forman also enhances its service offerings through the sale of used barrels, bulk whiskey, and wine, alongside providing contract bottling services, demonstrating its versatile capabilities in the alcohol production and distribution sector.
The product portfolio of Brown-Forman Corporation is diverse, catering to various tastes and preferences across the alcoholic beverage spectrum. Here are some of the key products and services: