Every 8-K that Brown-Forman Corporation (BF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BF filings page.
Brown-Forman Corporation (BF) reported first-quarter fiscal 2027 results for the period ended July 31, 2026, with reported net sales down 1% to $911 million and reported operating income down 3% to $252 million, while organic operating income rose 4%. Diluted EPS increased 6% to $0.38, helped by lower non-operating postretirement expense and prior-year share repurchases.
Ready-to-Drink net sales grew 20% (organic +11%), led by New Mix, while tequila net sales fell 12% and non-branded and bulk net sales fell 61%. Operating cash flow rose to $173 million and free cash flow to $161 million. The company repaid $343 million of 1.20% senior notes and declared a quarterly dividend of $0.2310 per share, extending its 82-year dividend history. For fiscal 2027, Brown-Forman expects flat organic net sales and a 3%–5% decline in organic operating income, with capital expenditures of $60–$70 million.
Brown-Forman Corporation reported voting results from its July 23, 2026 annual meeting of stockholders. Class A stockholders elected the full slate of director nominees, approved on a non-binding advisory basis the compensation of named executive officers, and ratified Ernst & Young LLP as independent registered public accounting firm for fiscal 2027.
The board also approved a regular quarterly cash dividend of $0.2310 per share on Class A and Class B common stock, payable October 1, 2026 to stockholders of record on September 3, 2026. Brown-Forman highlighted its 82-year record of regular quarterly dividends and 42 consecutive years of dividend increases, and described an ongoing CEO succession process with Lawson Whiting remaining available in an advisory capacity after a successor is appointed.
Brown-Forman Corporation reported that President and Chief Executive Officer Lawson Whiting has decided to retire after nearly 30 years with the company. His retirement will become effective upon the appointment of a successor, and he will remain available in an advisory capacity for a period of time to support a smooth transition.
The Board of Directors has begun a CEO search pursuant to its succession process, considering both internal and external candidates, led by the Corporate Governance and Nominating Committee chaired by Tracy Skeans. Wolf Pen Branch, which represents a controlling interest, expressed confidence in the company’s competitive position and in the Board’s process to identify the next CEO. The company also reiterated its previously disclosed fiscal 2027 outlook.
Brown-Forman reported softer fiscal 2026 earnings but much stronger cash generation. Full-year net sales slipped 1% to $3.93 billion, while operating income fell 10% to $1.00 billion and diluted EPS declined 17% to $1.53, hurt by higher impairment charges and lapping a prior-year gain.
Gross margin improved to 60.5% as mix and cost actions helped offset lower volumes, especially after ending the Korbel relationship and Sonoma-Cutrer transition services. Operating cash flow jumped to $1.0 billion and free cash flow to $893 million, enabling $827 million of dividends and buybacks.
Management expects fiscal 2027 conditions to remain challenging, guiding to roughly flat organic net sales and a 3%–5% decline in organic operating income, with planned capital spending of $60–$70 million and a projected tax rate of 20%–22%.
Brown-Forman Corporation announced that it and Pernod Ricard have terminated discussions about a potential business combination after the parties were unable to reach mutually agreeable terms. No transaction was signed, and Brown-Forman will continue operating independently.
The company reaffirmed its focus on creating long-term value by advancing existing strategic and operational plans. Priorities include expanding its geographic footprint, building brands that resonate with consumers, and improving operational efficiency. Brown-Forman highlights its global spirits portfolio and presence in more than 170 countries as it pursues these goals.
Brown-Forman Corporation has elected Jim (James) W. Peters as Executive Vice President and Chief Financial Officer, effective March 31, 2026. He will become the company’s principal financial officer and join the senior executive team, reporting to President and CEO Lawson Whiting.
Peters succeeds Leanne D. Cunningham, who will retire effective May 1, 2026, allowing for a short transition period. He brings extensive experience from Whirlpool Corporation, where he served as Executive Vice President, Chief Financial and Administrative Officer and most recently led enterprise transformation initiatives.
His compensation package includes an annual base salary of $825,000, a holiday bonus of $17,160, target short-term incentive of $825,000, and target long-term incentive of $2,400,000. He will also receive a one-time RSU award valued at $900,000 plus prorated equity awards with grant date values of $66,000 and $134,000, vesting over multiple years.
Brown-Forman Corporation reported mixed fiscal 2026 results but reaffirmed its full-year outlook. For the third quarter ended January 31, 2026, net sales rose 2% to $1.1 billion, operating income increased 21% to $340 million, and diluted EPS edged up 1% to $0.58.
For the first nine months, net sales declined 2% to $3.0 billion, operating income was flat at $905 million, and diluted EPS fell 8% to $1.41, hurt by the absence of a prior-year investment gain and lower non‑branded and bulk sales. Growth came from Emerging markets, Travel Retail, whiskey and ready‑to‑drink brands, while the end of the Korbel Champagne relationship and softer U.S. and Developed International markets weighed on results.
Gross margin expanded to 59.9% and operating margin to 30.0%, supported by portfolio changes, lower restructuring costs, and cost controls. Cash flow from operations increased to $709 million and free cash flow to $628 million. The company completed a $400 million share repurchase program, declared a $0.2310 quarterly dividend, and continues to expect low‑single‑digit declines in organic net sales and operating income, with capital spending of $110–$120 million and an effective tax rate of about 19%–21%.
Brown-Forman Corporation announced that it has released its operating results for the second fiscal quarter and first six months of its fiscal year ended October 31, 2025. The company communicated these results through a press release dated December 4, 2025.
The press release is provided as Exhibit 99.1 and is being furnished rather than filed, meaning it is not automatically subject to certain liability provisions of U.S. securities laws or incorporated into other reports unless specifically referenced.
Brown-Forman Corporation adopted an Executive Change in Control Severance Plan effective October 31, 2025. The plan covers members of the executive leadership team, including current named executive officers, and select key employees. It applies to involuntary Qualifying Terminations occurring from 30 days before through 24 months after a change in control.
Severance includes: any earned but unpaid prior-year bonus; a cash payment equal to a severance multiple—3.0x for the CEO and 2.0x for other executive leaders—applied to the sum of annual base salary and the greater of target bonus or the most recently earned bonus; a pro‑rata current‑year bonus; payment equal to 18 months of COBRA premiums; full vesting of nonqualified deferred compensation; up to 12 months of outplacement; a $10,000 lump‑sum tax preparation payment; and full vesting of unvested equity awards. Benefits require execution and non‑revocation of a general release, and the plan supersedes other severance arrangements during the protection period.
Brown-Forman Corporation approved a board-authorized share repurchase program to buy up to $400 million of its outstanding Class A and Class B common stock between October 1, 2025 and October 1, 2026. The program allows purchases in the open market, block trades, under Rule 10b5-1 plans, and through privately negotiated transactions, and is subject to market conditions and applicable laws. The repurchase plan does not commit the company to a minimum repurchase amount and may be modified, suspended, or terminated at any time. The filing notes that the information in Item 7.01 and Exhibit 99.1 is furnished and not "filed" for Exchange Act purposes.
Brown-Forman Corporation reported that it has released its operating results for the first fiscal quarter and three-month period ended July 31, 2025. The company furnished this information through a press release dated August 28, 2025, which is attached as Exhibit 99.1. The results are provided under a section that is designated as furnished rather than filed, meaning they are not subject to certain Exchange Act liability provisions or automatically incorporated into other securities filings unless specifically referenced.
Brown-Forman Corporation disclosed that Leanne D. Cunningham, its Executive Vice President and Chief Financial Officer, informed the company on August 21, 2025 that she intends to retire effective May 1, 2026. The company furnished a press release dated August 25, 2025 announcing the retirement and attached that release as Exhibit 99.1 to this Form 8-K. The filing clarifies that the Item 7.01 disclosure and Exhibit 99.1 are furnished, not filed, under the Exchange Act and are not incorporated by reference into other filings unless expressly stated.