Brown-Forman Corporation reported first-quarter fiscal 2027 results ending July 31, 2026, with net sales of $911 million, a 1% decline from the prior year. Reported operating income fell 3% to $252 million, while diluted earnings per share rose 6% to $0.38. The company reaffirmed its full-year fiscal 2027 outlook, expecting organic net sales to be approximately flat and organic operating income to decline by 3% to 5%. Additionally, the Board declared a regular quarterly cash dividend of $0.2310 per share on Class A and Class B common stock, payable October 1, 2026, to holders of record as of September 3, 2026. Brown-Forman Corporation is a global leader in the spirits industry, producing premium beverage alcohol brands including Jack Daniel's.

Brown-Forman Corporation held its Annual Meeting of Stockholders on July 23, 2026, where stockholders elected the slate of directors recommended by the Board of Directors. The Board of Directors also approved a regular quarterly cash dividend of $0.2310 per share on its Class A and Class B Common Stock, payable on October 1, 2026, to stockholders of record on September 3, 2026. Brown-Forman Corporation is a global leader in the spirits industry, producing beverage alcohol brands such as Jack Daniel's and Woodford Reserve.