Brown-Forman stock gains 1.14 percent as outlook holds
Published on 09/29/2026 at 21:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Brown-Forman stock (ISIN US1156372096) was trading at EUR 23.13 at Lang & Schwarz on September 29, 2026 at 9:17 p.m. CEST, up 1.14 percent from the prior close of EUR 22.87. The move follows a first-quarter update that paired lower sales with higher earnings per share and a retained full-year outlook.
Sales dipped as earnings improved
According to Brown-Forman on September 2, 2026, reported net sales for fiscal Q1 2027 fell 1 percent year over year to USD 911.0 million for the period ended July 31, 2026.
Reported operating income declined 3 percent to USD 252.0 million, while diluted EPS increased 6 percent to USD 0.38. Operating margin was 27.7 percent, down 50 basis points, as gross-margin expansion was outweighed by higher operating expenses.
Cash flow supports the outlook
The same Brown-Forman release reported operating cash flow of USD 173.0 million, an increase of USD 13.0 million, and free cash flow of USD 161.0 million, up USD 32.0 million. The comparison gives investors a sharper read on the quarter: earnings improved even as the top line contracted.
Brown-Forman retained its fiscal 2027 outlook for organic net sales to remain flat and organic operating income to decline 3 percent to 5 percent. The company also set capital expenditures at USD 60.0 million to USD 70.0 million and reported repayment of USD 343.0 million in senior notes on July 7, 2026.
Analyst targets send mixed signals
According to MarketScreener on September 3, 2026, JPMorgan cut its Brown-Forman price target from USD 26.00 to USD 25.00 and kept an Underweight rating.
According to MarketScreener on September 4, 2026, UBS raised its target from USD 27.00 to USD 30.00 while keeping a Neutral rating. The split reflects the central tension in the stock: cash generation and EPS resilience are offset by pressure on spirits demand and sales growth.
Stock gains in after-hours trading
Brown-Forman stock was trading at EUR 23.13 at Lang & Schwarz on September 29, 2026 at 9:17 p.m. CEST, plus 1.14 percent versus the Lang & Schwarz prior close of EUR 22.87 on September 28, 2026. On the NYSE, the stock was trading at USD 26.23 on September 29, 2026 at 3:19 p.m. EDT, with a 52-week range of USD 22.61 to USD 31.92 and market capitalization of USD 12.2 billion.
Brown-Forman stock facts
- Company: Brown-Forman Corporation
- ISIN: US1156372096
- Ticker: BF.B
- Primary exchange: NYSE
- Price Lang & Schwarz (as of September 29, 2026, 9:17 p.m. CEST): EUR 23.13
- Change versus prior close: plus 1.14 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 22.87
- Market capitalization: USD 12.2 billion (as of September 29, 2026)
- 52-week range: USD 22.61-USD 31.92 (as of September 29, 2026)
- Sector / Industry: Consumer Defensive / Beverages - Wineries and Distilleries
