Brown-Forman Cuts Louisville While Expanding Lynchburg

Today's Cut covers Brown-Forman's full Q4 fiscal 2026 earnings — a $215 million Lynchburg expansion through 2028, a 12 percent right-size of Louisville bottling, and fiscal 2027 guidance that holds bourbon-segment volume flat. Today's First Sip explains finishing — what the term actually means and how to taste through it. Today's Cut Spotlight is the Lux Row Blood Oath Pact 12 ticket-allocation cycle, opened Friday at 3.9x standard / 13.8x premium ratios, distillery-direct event April 25 in Bardstown. Full American Whiskey Industry Brief at chasingtheunicornpodcast.com/the-brief.