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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 2 days · First seen · Last updated
Brown-Forman fiscal 2027 first quarter earnings
Overview
Brown-Forman Corporation reported first-quarter fiscal year 2027 results that met analyst expectations for diluted earnings per share (EPS) at $0.38, despite a 1.0% decrease in total revenue to $911 million.
While the company saw a 5.6% year-over-year increase in EPS, the performance was pressured by a 13% decline in organic sales within its tequila portfolio. Specific brands such as Herradura and El Jimador saw declines of 15% and 17% respectively, attributed to lower volumes in the US and lower pricing in Mexico.
To counter these losses, the company leveraged growth in its ready-to-drink (RTD) segment, which saw organic sales growth of 11%, and maintained stability in its core Jack Daniel's Tennessee Whiskey brand. CEO Lawson Whiting noted that the results were largely in line with company expectations.
Entities
Brown-Forman Corporation · Brown-Forman · Herradura · El Jimador · Lawson Whiting
Timeline
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16 days ago
[BUSINESS] 2 sourcesBrown-Forman reports 1% sales decline amid tequila market weaknessBrown-Forman reported a 1% decline in Q1 sales, driven by a 13% drop in its tequila portfolio, though growth in ready-to-drink products and new Jack Daniel's flavors helped offset losses.
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17 days ago
[BUSINESS] 2 sourcesBrown-Forman reports Q1 2027 earnings in line with estimatesBrown-Forman reported Q1 2027 diluted EPS of $0.38, matching estimates despite a 1.0% year-over-year revenue decline to $911.0 million.
Sources
forgeorges.fr · news.alphastreet.com · seekingalpha.com · voeazul.com.br