Brown-Forman Reports First Quarter Fiscal 2026 Results; Reaffirms Full Year Outlook

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its first quarter of fiscal 2026, ended July 31, 2025, with net sales decreasing 3%1 to $924 million (+1% on an organic basis2) compared to the same prior-year period. Operating income decreased 7% to $260 million (+2% on an organic basis) and diluted earnings per share decreased 13% to $0.36. “Our solid first-quarter performance reflects the decisive actions we’ve taken to strengthen our