Brown-Forman reports FY2026 earnings miss with net income down 17% YoY

Brown-Forman's fiscal 2026 results showed net sales flat organically at $3.9B with diluted EPS declining 17% to $1.53, though the company exceeded expectations with strong free cash flow growth of $462M. The spirits maker faces continued market volatility ahead but demonstrated operational strength through cost restructuring and innovation in emerging markets.