Q1 2027 Earnings

EX-99.1 2 fy27_q1xerevergreen.htm EX-99.1 Document NEWS RELEASE BROWN-FORMAN REPORTS FIRST QUARTER FISCAL 2027 RESULTS; REAFFIRMS FULL YEAR OUTLOOK September 2, 2026, LOUISVILLE, KY — Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its first quarter of fiscal 2027, ended July 31, 2026, with reported net sales decreasing 1% 1 to $911 million (-1% on an organic basis 2 ) compared to the same prior-year period. Reported operating income decreased 3% to $252 million (+4% on an organic basis) and diluted earnings per share increased 6% to $0.38. "Our first quarter results were largely in line with our expectations and reinforce our confidence in the year ahead," said Lawson Whiting, President and Chief Executive Officer. "Innovation remains an important growth driver. Momentum from New Mix, our Ready-to-Drink 3 portfolio, and Jack Daniel's Tennessee Blackberry helped...