Brown-Forman will release its Q1 results tomorrow

Brown-Forman will release its Q1 results tomorrow

On Wednesday, Brown-Forman will release its first-quarter results for fiscal-2018. Here, just-drinks takes a closer look at the company's performance in the three months to the end of July.

Brown-Forman fiscal-2017 results - data

FY fiscal 2017 highlights

  • Full-year fiscal 2017 sales slipped by 3% - up 3% in underlying terms - to US$3bn
  • Net profits in 12 months to end of April fell 37% on one-off gain in 2016, to $669m
  • Operating profits slipped similarly, by 35% to $989m
  • Fourth-quarter sales were down 5% - up 4% on underlying basis - to $694m
  • Net profits in final three months were down 72% to $144m
  • Operating profits dropped 71% to $212m

Brown-Forman 2013-2017 - results data