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Brown-Forman B (DE:BF5B)
FRANKFURT:BF5B
Earnings Data
Report Date
Jun 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.28Last Year’s EPS
0.27Same Quarter Last Year
Moderate Sell
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: meaningful regional and product-level strengths (double-digit emerging market growth, strong RTD and successful Blackberry innovation), improved cash flow and shareholder returns were offset by sizable, company-specific headwinds (major declines in used barrel sales and Canada distribution), pressured developed markets and near-term margin mix challenges. Management reaffirmed full-year guidance and emphasized strategic initiatives and cost discipline while acknowledging persistent macro uncertainty.Company Guidance
Top-line performance (First half FY2026)
Reported net sales declined 4% in the first half of fiscal 2026, while organic net sales were flat after adjusting for acquisition & divestiture (A&D) impacts related to Korbel and Sonoma-Cutrer.
Emerging markets and Travel Retail strength
Emerging international markets delivered double-digit organic net sales growth of 12% (Mexico and Brazil notable drivers) and the Global Travel Retail channel grew 6% with passenger numbers surpassing pre-pandemic levels.
Strong regional brand and RTD performance
New Mix (tequila-based RTD) delivered 18% organic net sales growth in Mexico; Brazil organic net sales grew more than 20%, led by Jack Daniel's Tennessee Apple and Tennessee Whiskey; super-premium brands (Diplomático, Gentleman Jack, Woodford Reserve) delivered double-digit growth in H1.
Successful innovation — Jack Daniel's Tennessee Blackberry
Blackberry launch exceeded expectations in the U.S., driving shipments ahead of depletions; initial international phased launches (U.K., Germany, France, Poland, Czechia, Turkey and GTR) generated strong retail and consumer response, with examples like Tesco (UK) reporting strong new-product performance.
Margin and cash flow improvements
Reported gross margin expanded to 59.5% (gross profit margin expanded 30 bps), driven by a 190 bps A&D benefit; cash flows from operations grew $163 million to $292 million and free cash flow increased $179 million to $236 million.
Capital allocation and shareholder returns
Board approved a 2% increase in quarterly dividend (42nd consecutive yearly increase) and authorized up to $400 million in share repurchases; $99 million repurchased as of Oct 31, 2025.
Operational progress on route-to-consumer and cost structure
U.S. distributor transitions largely complete (improved distributor terms and investment), organic SG&A decreased 4% following workforce restructuring, and full-year capex guidance was reduced to $110–$120 million to reflect completed projects and inventory workdown.
DE:BF5B Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:BF5B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2026 | €24.14 | €25.05 | +3.78% |
Dec 04, 2025 | €25.57 | €25.14 | -1.65% |
Aug 28, 2025 | €24.79 | €24.40 | -1.57% |
Jun 05, 2025 | €27.97 | €23.13 | -17.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Brown-Forman B (DE:BF5B) report earnings?
Brown-Forman B (DE:BF5B) is schdueled to report earning on Jun 10, 2026, Before Open (Confirmed).
What is Brown-Forman B (DE:BF5B) earnings time?
Brown-Forman B (DE:BF5B) earnings time is at Jun 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Brown-Forman B stock?
The P/E ratio of Brown-Forman B is N/A.
What is DE:BF5B EPS forecast?
DE:BF5B EPS forecast for the fiscal quarter 2026 (Q4) is 0.28.