BF-B Q2 2024 Earnings — Brown-Forman Corporation Revenue & Financial Results | Market Cap Arena

BF-BBrown-Forman Corporation

$12B

Q2 2024 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$1.1B+1.2% YoY

Gross Profit

$671M60.6% margin

Operating Income

$339M30.6% margin

Net Income

$242M21.9% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

$59M

Free Cash Flow

$29M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$4.7B

Stockholders' Equity

$3.5B

Cash & Equivalents

$373M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.1B	+1.2%
Gross Profit	$671M	$613M	+9.5%
Operating Income	$339M	$313M	+8.3%
Net Income	$242M	$227M	+6.6%

Revenue Segments

Whiskey

$739M67%

Ready-to-Drink

$132M12%

Tequila

$81M7%

Wine

$76M7%

Rest of portfolio

$36M3%

Vodka

$23M2%

Non-branded and bulk

$20M2%