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BF-A $28.85 +0.24%
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BF-A · Brown Forman Corp
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$28.85 +0.07 (+0.24%) At close · Oct 21
Market Cap
$12.90B
Shares
458.86M
Volume · Oct 21 103.6K Avg daily vol (3M) 147.11K
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Earnings call · FY2023 Q3

Brown Forman Corp (BF-A) Q3 2023 Earnings Call

Concluded Mar 8, 2023
Mar 8, 2023 0 turns
Period
FY2023 Q3
Runtime
—
Sources
2 artifacts
Revenue $1.08B +4.2% YoY
Diluted EPS $0.21 -61.1% YoY
Gross margin 57.7% -2.3 pp YoY
Net income $100.00M -61.4% YoY
Open full screen 8-K 10-Q

Executive readout · one minute

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Read the call alongside every captured source. 8-K earnings release, 10-Q stay in one workspace.

Forward guidance

2 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Research materials

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Forward guidance

From the 8-K filed Mar 8, 2023.

Metric Guided
Effective tax rate
fiscal 2023
22% – 23%
Capital expenditures Maintained
fiscal 2023
$190M – $210M

Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Whiskey$754.00M +1.3% YoY
Ready to Drink$121.00M +8% YoY
Tequila$79.00M +14.5% YoY
Wine$53.00M -1.9% YoY
Rest of Portfolio$27.00M +42.1% YoY
Vodka$27.00M -6.9% YoY
Nonbranded and Bulk$20.00M +100% YoY
Full-screen source Call document