Brown-Forman Corp Registered Shs -B- Non Vtg

BF.B: XNYS (USA)

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Brown-Forman Earnings: Emerging Markets and Travel Retail Strength Encouraging, but US Still Soft

Dan Su

Dec 4, 2025

Brown-Forman's organic sales fell 2% in the second quarter of fiscal 2026 and operating profits fell 10% as operating margin narrowed 170 basis points to 29.4%. Management reaffirmed its 2026 outlook 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 Markets and Travel Retail Strength Encouraging, but US Still Soft

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