Brown-Forman’s Mixed Q1 Results | Lexington News

Brown-Forman’s Q1 FY27 numbers show a mixed performance: net sales dipped 1% to $911M, hit by softer demand in the U.S. and developed markets, but organic growth held steady. The real winners? Ready-to-drink sales surged 20%, led by New Mix tequila up 48%—especially in Mexico—and emerging markets jumped 11%, with Mexico again driving momentum. Meanwhile, broader tequila sales fell 12% (Herradura down 17% due to U.S. weakness) and whiskey sales stayed flat, though Jack Daniel’s Tennessee Blackberry helped offset declines from other brands. Developed international markets dragged down results with a 6% drop, while U.S. sales fell 3% reported (flat organically). Amid industry-wide headwinds from economic pressures and shifting consumer habits, Brown-Forman remains on track for flat full-year sales and continues its dividend streak. The key question: can RTD and emerging markets sustain the momentum to counter traditional spirits’ struggles? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1fb53474daab5dec