Brown-Forman stock falls 1.19 percent on the NYSE

Brown-Forman stock traded at USD 26.62 on the NYSE on September 23, 2026, down 1.19 percent from the prior session. The price stood 14.5 percent below its 52-week high of USD 31.14, putting the latest earnings figures against a softer share-price backdrop.

Sales dip as EPS rises

Brown-Forman reported first-quarter fiscal 2027 results for the period ended July 31, 2026. According to Brown-Forman, reported net sales were USD 911 million, down 1 percent from USD 924 million in the same quarter a year earlier.

The earnings mix was more resilient than the sales line. Reported operating income fell 3 percent to USD 252 million, while diluted EPS increased 6 percent to USD 0.38 from USD 0.36, according to the September 2, 2026 release.

Guidance keeps pressure visible

Management reaffirmed fiscal 2027 guidance calling for flat organic net sales and a 3 percent to 5 percent decline in organic operating income. That combination leaves margin delivery as the key operating test because earnings growth in the latest quarter came alongside lower reported sales.

Cash generation provides a second reference point. Brown-Forman generated USD 1.0 billion in operating cash flow during fiscal 2026, compared with USD 598 million in fiscal 2025, while annual revenue declined from USD 3.975 billion to USD 3.928 billion.

Analyst target stays above price

On August 26, 2026, Barclays raised its Brown-Forman price target to USD 28 from USD 27 and retained a Hold rating, as reported by Yahoo Finance. The revised target is USD 1.38, or 5.2 percent, above the September 23 price of USD 26.62.

Stock remains below yearly high

Brown-Forman stock was trading at USD 26.62 on September 23, 2026, at 4:00 p.m. ET on the NYSE. Its 52-week range was USD 23.01 to USD 31.14, leaving the latest price closer to the low than the high.