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Stock impact report

Brown-Forman Reports First Half Fiscal 2025 Results; Reaffirms Full Year Growth Outlook

Brown Forman Inc Class A (BF.A) 
Company Research Source: Business Wire
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its second quarter and first half of fiscal 2025, ended October 31, 2024. Second quarter reported net sales decreased 1%1 to $1.1 billion (+3% on an organic basis2) compared to the same prior-year period. In the quarter, reported operating income increased 1% to $341 million (+5% on an organic basis) and diluted earnings per share increased 9% to $0.55.For the first six months of the fiscal year, the company’s reported net sales decreased 5% to $2.0 billion (flat on an organic basis) compared to the same prior-year period. First half reported operating income decreased 7% to $622 million (-3% on an organic basis) and diluted earnings per share decreased 3% to $0.96.Lawson Whiting, Brown-Forman’s President and Chief Executive Officer shared, “Despite challenging economic conditions, our results for the first half of the fiscal year were in line with our expectations, and we an Show less Read more
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