The global luxury market shed tens of millions of shoppers in just a few years, and the shockwaves are still moving through five American stocks with very different chances of surviving the reset.
Anheuser-Busch InBev, Constellation Brands, Brown-Forman and Molson Coors have been highlighted in this Industry Outlook article.
Brown-Forman B (BF.B) reported earnings 30 days ago. What's next for the stock?
Brown-Forman is reiterated as a Buy, with valuation attractive despite macro headwinds and industry challenges. BF.B demonstrates resilience through flat organic sales, 6% EPS growth, strong cash flow, and a robust balance sheet supporting a 3.5% dividend yield. Guidance remains cautious: FY27 organic sales roughly flat, operating income down 3–5%, but innovation and restructuring initiatives provide long-term upside.
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.
The whiskey giant's earnings per share outpace analysts' expectations; the company has contended with sluggish spirits market.
Brown Forman NYSE: BF.A shareholders re-elected the company's board and approved executive compensation and the auditor appointment at the spirits maker's 2026 Annual Meeting of Stockholders, held at Churchill Downs in Louisville, Kentucky.
Brown-Forman Corporation (BF.B) Shareholder/Analyst Call Prepared Remarks Transcript
Lawson Whiting, who has led the spirits giant since 2019, will remain in the role until a successor is appointed.
While Saturday's games will take place in the U.S., the excitement is mostly elsewhere, after the U.S. was knocked out of the tournament. Investors looking for a World Cup bump might be feeling similarly let down.