Brown-Forman rises after beating Q1 profit estimates
02/09/2026 13:57
BUZZ-Brown-Forman rises after beating Q1 profit estimates ** Shares of Jack Daniel's maker Brown-Forman BFb.N rise 2.1% to $26.90 premarket
** Co posts Q1 earnings of 38 cents, beating estimates of 37 cents, per data compiled by LSEG
** Co reaffirms full-year forecast, sees organic net sales to be roughly flat for 2027
** Momentum from new mix, ready-to-drink portfolio and Jack Daniel's Tennessee Blackberry helped offset pressures elsewhere in business, CEO Lawson Whiting says
** BFb's quarterly revenue declines 1% to $911 million, missing analysts' average estimate of $914.9 million
(Reporting by Angela Christy M)
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