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Brown-Forman Q1 Sales Dip Amid Global Soft Demand
Finance
— Aug 31, 2026
Brown-Forman reported about a 1% drop in organic net sales to $911 million for Q1 FY2027, with U.S. softness offset by gains in Mexico and other emerging markets, while tequila sales fell and RTDs like El Jimador New Mix rose. They kept the full-year net sales flat and expect operating income to decline 3-5%, as CEO Lawson Whiting retires without a clear successor and merger talks with Pernod Ricard were terminated amid unsolicited bids.
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