Brown-Forman Corporation · BF-B · Next earnings

Brown-Forman Corporation reports Thursday, Dec 3, 2026

BF-B reports before market open with consensus EPS at $0.46 and revenue at $1.04B. Last quarter: Brown-Forman maintains FY27 outlook as innovation offsets pressure

Reports Before market open73 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $0.46 Calendar consensus
Consensus revenue $1.04B Calendar consensus
Report date Dec 3, 2026 Thursday, date estimated
Session Before market open 73 days away

Where BF-B left off: FY2027 Q1

Full report

Brown-Forman maintains FY27 outlook as innovation offsets pressure

EPS surprise 0.0% Reported $0.38 vs $0.38
Revenue surprise -0.4% Reported $911.0M vs $914.8M
Stock move — Event window
Subsequent drift — Up to 20 sessions

Management maintained the FY27 outlook while expecting organic net sales to be roughly flat.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Soft consumer demand and discretionary-spending pressure in developed markets.
  • Further declines in used-barrel sales and pressure from higher-cost whiskey inventories.
  • Tequila pricing, trade-margin, input-cost, and inventory-aging risks.

Questions analysts left open

  • The U.S. gap between shipments and depletion trends needs monitoring.
  • Gross-margin expansion remains exposed to input costs and lower used-barrel sales.
  • Tequila distributor incentives, future capex needs, and capital allocation remain open questions.

Ask FN2 about BF-B next report

Transcript, numbers and history already loaded
What should I watch for in BF-B's next earnings report?How did BF-B guide last quarter, and is consensus above or below that?Give me the bull and bear case going into BF-B earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the BF-B recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent BF-B quarters

All BF-B earnings
—FY2027 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2027 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.