BF-B Q1 2024 Earnings — Brown-Forman Corporation Revenue & Financial Results | Market Cap Arena

BF-BBrown-Forman Corporation

$12B

Q1 2024 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$1.0B+3.1% YoY

Gross Profit

$651M62.7% margin

Operating Income

$327M31.5% margin

Net Income

$231M22.3% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-0.8%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

-$11M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$4.7B

Stockholders' Equity

$3.3B

Cash & Equivalents

$426M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$1.0B	+3.1%
Gross Profit	$651M	$622M	+4.7%
Operating Income	$327M	$343M	-4.7%
Net Income	$231M	$249M	-7.2%

Revenue Segments

Whiskey

$697M67%

Ready-to-Drink

$138M13%

Tequila

$81M8%

Wine

$41M4%

Rest of portfolio

$35M3%

Vodka

$26M3%

Non-branded and bulk

$20M2%