BROWN FORMAN CORP (BF-B)
2025-07-31 | 2025-01-31 | 2024-10-31 | 2024-07-31 | |
---|---|---|---|---|
Net sales | 924 | 1,035 | 1,095 | 951 |
Cost of sales | 372 | 416 | 449 | 386 |
Gross profit | 552 | 619 | 646 | 565 |
Advertising expenses | 120 | 125 | 126 | 126 |
Other expense (income), net | 17 | -5 | 8 | 30 |
Total restructuring and other charges | 12 | 31 | - | - |
Selling, general, and administrative expenses | 177 | 178 | 187 | 188 |
Gain on sale of business | - | - | - | - |
Operating income | 260 | 280 | 341 | 281 |
Non-operating postretirement expense | 19 | 3 | 1 | - |
Interest income | 4 | 5 | 3 | 4 |
Interest expense | 25 | 31 | 32 | 32 |
Equity method investment income and gain on sale | - | 81 | - | - |
Equity method investment income | - | - | 2 | - |
Income before income taxes | 220 | 332 | 313 | 253 |
Income taxes | 50 | 62 | 55 | 58 |
Net income | 170 | 270 | 258 | 195 |
Basic (dollars per share) | 0.36 | 0.57 | 0.55 | 0.41 |
Basic average common shares outstanding | 472,724,000 | 472,661,000 | 472,660,000 | 472,637,000 |
Diluted (dollars per share) | 0.36 | 0.57 | 0.55 | 0.41 |
Diluted average common shares outstanding | 472,963,000 | 472,886,000 | 473,057,000 | 472,941,000 |