Brown-Forman BF.A Q1 innovation and RTDs support stable results
BF.A first-quarter results met expectations as innovation and RTDs drove growth amid tequila and used-barrel sales headwinds. Gross margin improved and EPS rose 6%. Fiscal 2027 guidance was reaffirmed.
First quarter results met expectations, with innovation and RTDs driving growth amid headwinds in tequila and used barrel sales.
Gross margin improved, EPS rose 6%, and guidance for fiscal 2027 was reaffirmed, with results trending toward the favorable end of the range.Based on Brown Forman Inc [BF…