Brown-Forman Corporation BF.A

NYSE | Producer | Spirits
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Updated: 3 Sep 2026 Base analysis: 28 Aug 2026

The news check keeps the assessment current.

General analysis — not personal advice.

HOLD Clear

Existing position can be maintained pending the Q1 report.

Stable cash flow and strong brands offset weak growth and near-term report risk.

Market sentiment Neutral →
Trend: Stable

Sentiment is cautiously optimistic after the report showed margin protection and cash-flow strength despite weak organic growth.

Risk assessment Medium
Dilution: Low Strong cash flow and ongoing buybacks
Jurisdiction: Low Operations primarily in the US and Western markets
Execution: Medium Restructuring and CEO transition underway

HOLD is the call. Neutral is the market mood. Medium risk means some things can go wrong.

Latest change
  • 3 Sep 2026 — Results showed margin protection and cash flow strength despite weak organic growth, following the report release on 2 September.

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About the company

Brown-Forman produces and distributes premium spirits globally. The flagship brand is Jack Daniel’s together with tequila and rum brands. The company is family-controlled and operates in a mature phase with strong margins.

Sector: Spirits
Type: Producer
Next report (Q2)
4 Dec 2026
Catalysts
◐
Dec 2026
New CEO appointment Medium
Bull case

The unsolicited Sazerac bid creates a psychological floor near 32 USD and may attract speculative capital ahead of the Q1 report.

Bear case

Weak organic growth, volume declines in tequila and whiskey, and an EPS miss limit upside in the near term.

Why this signal

Stable cash flow and strong brands offset weak growth and near-term report risk.

Recent news
  • Brown-Forman released Q1 FY2027 results on September 2 with revenue of 911 MUSD (-1 %), EPS of 0.38 USD (+6 %) and reaffirmed full-year outlook. Gross margin expanded to 60.2 % and free cash flow increased. CEO Lawson Whiting announced plans to retire once a successor is named.

Key figures

Revenue
Q1 2027
USD 911M
Revenue TTM
TTM
USD 3,914M
Net income
Q1 2027
USD 176M
Cash
2026-04-30
USD 308M
Total debt
2026-04-30
USD 2,434M
Gross margin
Q1 2027
60.2%
Shares outstanding
2026-04-30
459M
EPS
Q1 2027
USD 0.38
Exchange
NYSE
Type
Producer
Sector
Spirits
Brown-Forman Corporation BF.A
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Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.