Brown-Forman Corp Registered Shs -B- Non Vtg

BF.B: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Brown-Forman Earnings: Emerging Markets Shine on Jack Daniel's and RTD Strength; Shares Attractive

Dan Su

Mar 4, 2026

Brown-Forman's organic sales rose 1% in the third quarter on a 15% rise in emerging markets (25% of sales). Adjusted operating profit was flat excluding restructuring costs. Citing soft demand, the firm reaffirmed its 2026 outlook for low-single-digit declines in organic sales and operating profit.

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Brown-Forman Corp Registered Shs -B- Non Vtg

Brown-Forman Earnings: Emerging Markets Shine on Jack Daniel's and RTD Strength; Shares Attractive

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