Brown-Forman FY27 Q1 diluted EPS rises 6% to $0.38; net sales fall 1% to $911 million
BF.B•Full-year outlook
Full-year outlook was reaffirmed, with organic net sales seen about flat and organic operating income expected to decline 3% to 5%.
Category performance
Ready-to-Drink net sales rose 20% on New Mix, while tequila net sales dropped 12% and non-branded and bulk fell 61%.
First-quarter results and margins
Brown-Forman posted first-quarter fiscal 2027 net sales of $911 million, down 1%, while diluted EPS rose 6% to $0.38.
Operating income fell 3% to $252 million, pushing operating margin down 0.5 percentage points to 27.7%.
Gross margin widened 0.4 percentage points to 60.2%, while free cash flow climbed to $161 million from higher operating cash flow.
