BF.B Brown–Forman

Q1 2026 10-Q
Filed: Mar 4, 2026Period ending Jan 31, 2026
Consumer Staples
BeveragesSEC EDGAR

Brown–Forman (BF.B) 10-Q quarterly report for Q1 2026, filed with SEC EDGAR on Mar 4, 2026 for the fiscal period ending Jan 31, 2026. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q1 2026 10-Q

Management Discussion & Analysis

  • Q3 FY2026 net sales $1.056B, up 2% YoY ($21M increase); 9-month net sales $3.0B, down 2% YoY ($65M decline)
  • Q3 operating margin 32.1% vs 27.1% YoY (+5.0pp); 9-month operating margin 30.0% vs 29.3% YoY (+0.7pp); gross margin 60.6% vs 59.8% (Q3) and 59.9% vs 59.4% (9-month)
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Risk Factors

  • No material changes to risk factors since 2025 Form 10-K filing
  • Key carried-forward risk: tariff/trade policy exposure across Brown-Forman's international spirits portfolio
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Quarterly Financial Summary
XBRL

Revenue

$924M

Net Income

$170M

Gross Margin

59.7%

Operating Margin

28.1%

Net Margin

18.4%

Source: XBRL data from Brown–Forman Q1 2026 10-Q filing on SEC EDGAR. All figures in USD.

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