BF-B Q3 2023 Earnings — Brown-Forman Corporation Revenue & Financial Results | Market Cap Arena

BF-BBrown-Forman Corporation

$12B

Q3 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$1.1B+4.2% YoY

Gross Profit

$624M57.7% margin

Operating Income

$173M16.0% margin

Net Income

$100M9.3% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

$39M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$4.7B

Stockholders' Equity

$3.0B

Cash & Equivalents

$428M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.0B	+4.2%
Gross Profit	$624M	$622M	+0.3%
Operating Income	$173M	$347M	-50.1%
Net Income	$100M	$259M	-61.4%

Revenue Segments

Whiskey

$754M70%

Ready-to-Drink

$121M11%

Tequila

$79M7%

Wine

$53M5%

Rest of portfolio

$27M2%

Vodka

$27M2%

Non-branded and bulk

$20M2%