BF-B Q2 2023 Earnings — Brown-Forman Corporation Revenue & Financial Results | Market Cap Arena

BF-BBrown-Forman Corporation

$12B

Q2 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$1.1B+10.1% YoY

Gross Profit

$613M56.0% margin

Operating Income

$313M28.6% margin

Net Income

$227M20.7% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$143M

Free Cash Flow

$115M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$6.9B

Total Liabilities

$3.8B

Stockholders' Equity

$3.0B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$994M	+10.1%
Gross Profit	$613M	$590M	+3.9%
Operating Income	$313M	$322M	-2.8%
Net Income	$227M	$236M	-3.8%

Revenue Segments

Whiskey

$754M69%

Ready-to-Drink

$122M11%

Tequila

$88M8%

Wine

$65M6%

Non-branded and bulk

$24M2%

Vodka

$24M2%

Rest of portfolio

$17M2%