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28.08.25 - 14:03
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Brown-Forman Reports First Quarter Fiscal 2026 Results; Reaffirms Full Year Outlook (Business Wire)
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its first quarter of fiscal 2026, ended July 31, 2025, with net sales decreasing 3%1 to $924 million (+1% on an organic basis2) compared to the same prior-year period. Operating income decreased 7% to $260 million (+2% on an organic basis) and diluted earnings per share decreased 13% to $0.36.
“Our solid first-quarter performance reflects the decisive actions we've taken to strengthen our business in a challenging environment,” said Lawson Whiting, Brown-Forman's President and Chief Executive Officer. “Superior innovation and bold route-to-consumer strategies, in particular, have positioned us to deliver resilient results in the face of persistent headwinds. We are pleased to reaffirm our full-year outlook and remain confident in our ability to create long-term value for shareholders.”
First Quarter of Fiscal 2026 Highlights
Net sales decline was largely driven by the absence of the prior-y...
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25.08.25 - 22:36
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Brown-Forman Chief Financial Officer Leanne Cunningham to Retire After 30 Years (Business Wire)
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA, BFB) today announced that Leanne Cunningham, executive vice president and chief financial officer (CFO), will retire on May 1, 2026, after more than 30 years of service with the company.
Cunningham joined Brown-Forman in 1995 as a Corporate Accountant and progressed through a series of roles in accounting, finance, corporate strategy, and production operations. Before being named CFO in July 2021, she served as senior vice president, shareholder relations officer, commercial finance, and financial planning and analysis. Cunningham joined the Brown-Forman Executive Leadership Team upon her appointment to CFO in 2021.
“Leanne's diverse set of experiences in finance and global supply chain helped shape many important long-term strategic decisions at Brown-Forman. She has led our finance organization with thoughtfulness and balance, and developed strong relationships in the investment community and with our long-term shareholders,” sai...
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31.07.25 - 14:06
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Brown-Forman First Quarter Earnings Release and Conference Call Scheduled for August 28, 2025 (Business Wire)
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) will release its first quarter of fiscal year 2026 financial results on August 28, 2025, by 8:00 a.m. (EDT), followed by a conference call to discuss the results at 10:00 a.m. (EDT).
A live audio broadcast of the conference call will be available via Brown-Forman's website, brown-forman.com, through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will be available on the website approximately two hours after the conclusion of the conference call. The replay will be available for at least 30 days following the conference call. Interested parties are also invited to join the conference call by registering for the call in advance here.
Brown-Forman Corporation is a global leader in the spirits industry, responsibly building exceptional beverage alcohol brands for more than 155 years. Headquartered in Louisville, Kentucky, we are guided by our founding promise, “Nothing Bette...
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24.07.25 - 22:03
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Brown-Forman Stockholders Elect Directors, Farrer Named Chairman (Business Wire)
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Board Approves Cash DividendLOUISVILLE, Ky.--(BUSINESS WIRE)--Brown‑Forman Corporation (NYSE: BFA, BFB) stockholders convened today for their annual meeting, where they elected the Board of Directors' recommended slate of nominees and ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026.
Marshall B. Farrer, a fifth-generation descendant of the company's founder and a current Director, was reelected to the Board of Directors and assumed the role of Chairman. This follows Campbell P. Brown's announcement in November 2024 that he would be stepping down from the Chairman role while standing for reelection as a Board member.
“As the incoming Chairman, I am honored to help shape Brown-Forman's future by upholding our rich heritage with the highest standards of corporate governance, drawing on 155 years of leadership to continue building a company that endures across generations,” said Farrer. “Our strength has always been rooted in l...
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