The chart below shows how BF.B performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BF.B sees a -7.05% change in stock price 10 days leading up to the earnings, and a -8.86% change 10 days following the report. On the earnings day itself, the stock moves by +10.68%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Organic Sales Growth: Woodford Reserve achieved 8% organic net sales growth, driven by increased volume and positive price/mix, outperforming the US Whiskey category.
Strong Sales Growth: Diplomatico Rum, the number two super premium plus rum globally, delivered strong organic net sales growth, particularly in France and the Czech Republic, as well as in the travel retail channel.
Organic Sales Surge: Old Forester experienced double-digit organic net sales growth, benefiting from the popularity of its single barrel expressions and new releases like the King Ranch Edition.
International Sales Growth: Brown-Forman's emerging international markets collectively delivered 6% organic net sales growth in the first half, fueled by strong performance from Jack Daniel's Tennessee Whiskey in Turkiye and Brazil.
Dividend Increase Announcement: The Board of Directors approved a 4% increase in the quarterly cash dividend, marking 41 consecutive years of dividend increases, reflecting the company's commitment to returning value to shareholders.
Negative
Net Sales Decline: Reported net sales decreased 5% in the first half of fiscal 2025, indicating a decline in overall revenue performance.
Sales Growth Stagnation: Organic net sales were flat after adjusting for divestitures and negative foreign exchange effects, reflecting stagnation in sales growth.
Gross Profit Decline: Gross profit decreased 8% and organic gross profit decreased 4%, leading to a contraction in gross margin by 240 basis points.
Operating Income Decline: Operating income decreased 7% and organic operating income decreased 3%, resulting in a diluted earnings per share decrease of 3% to $0.96.
US Organic Sales Decline: Organic net sales in the US decreased 3%, with declines in key brands like Jack Daniel's Tennessee Whiskey and Korbel California Champagne.