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BF-B $26.16 +0.73%
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BF-B · Brown Forman Corp
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$26.16 +0.19 (+0.73%) At close · Oct 2
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 Q2

Brown Forman Corp (BF-B) Q2 2024 Earnings Call

Concluded Dec 6, 2023
Dec 6, 2023 0 turns
Period
FY2024 Q2
Runtime
—
Sources
2 artifacts

Executive readout · one minute

Webcast research workspace

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

Forward guidance

4 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

Open each available source without leaving this research workspace.

Revenue $1.11B +1.2% YoY
Diluted EPS $0.50 +6.4% YoY
Gross margin 60.6% +4.6 pp YoY
Net income $242.00M +6.6% YoY

Research materials

Open the source you need; every reader stays inside this workspace.

Forward guidance

From the 8-K filed Dec 6, 2023.

Metric Guided
Organic net sales growth Lowered
fiscal 2024
3% – 5%
Organic operating income growth Lowered
fiscal 2024
4% – 6%
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.

Revenue · products & services

Whiskey$739.00M -2% YoY
Rest of Portfolio$135.00M +694.1% YoY
Ready to Drink$132.00M +8.2% YoY
Tequila$81.00M -8% YoY
Nonbranded and Bulk$20.00M -16.7% YoY
Full-screen source Call document