Executive readout · one minute
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BF-B
$26.16
+0.73%
BF-B
· Brown Forman Corp
Market Cap
$12.06B
Shares
458.86M
Volume · Oct 2
1.7M
Avg daily vol (3M)
2.32M
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Earnings call · FY2024 Q1
Brown Forman Corp (BF-B) Q1 2024 Earnings Call
Forward guidance
3 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
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Revenue
$1.04B
+3.1% YoY
Diluted EPS
$0.48
-7.7% YoY
Gross margin
62.7%
+0.9 pp YoY
Net income
$231.00M
-7.2% YoY
Research materials
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Forward guidance
From the 8-K filed Aug 30, 2023.
| Metric | Period | Guided | Basis |
|---|---|---|---|
|
Organic operating income growth
Maintained
fiscal 2024
|
6% – 8% | Non-GAAP | |
|
Effective tax rate
Maintained
fiscal 2024
|
21% – 23% | — | |
|
Capital expenditures
Maintained
fiscal 2024
|
$250M – $270M | — |
Quarter detail
How the reported period landed and where the business moved.
SEC filing · Item 2.02
8-K earnings release
Filed Aug 30, 2023 · complete as-filed document
SEC periodic report
10-Q report
Filed Aug 30, 2023 · complete as-filed document