Brown-Forman (BF-B) Reports Q1 EPS of $0.40

Brown-Forman (NYSE: BF-B) reported Q1 EPS of $0.40, versus $0.67 reported last year. Revenue for the quarter came in at $906 million, versus $753 million reported last year.

Brown-Forman’s President and Chief Executive Officer Lawson Whiting stated, “Brown-Forman delivered a strong start to fiscal 2022. These results were driven by the strength of our portfolio, which benefited from the re-opening of the on-premise, sustained at-home consumption, and continued premiumization trends.” He added, “While we are optimistic the operating environment will continue to improve, we are closely monitoring the potential volatility associated with the evolving pandemic and continued supply chain disruptions. Backed by the strength of our brands and our people, we are confident in our ability to manage our business for the long term.”

For earnings history and earnings-related data on Brown-Forman (BF-A) click here.

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