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0.00592778875516433 -0.00305370935872107 -0.0307167235494881 -0.0323333932099874 -0.0235315250583798 -0.0407760014370396 -0.0355667325309861 -0.0423926710975391
Stock impact report

Brown-Forman Reports Strong Year-to-Date Results; Operating Income Up Double-Digits

Brown Forman Inc Class A (BF.A) 
Company Research Source: Business Wire
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) reported financial results for its third quarter and the first nine months of fiscal 2018, ended January 31, 2018. For the third quarter, the company’s reported net sales1 increased 9% to $878 million (+6% on an underlying basis2) compared to the same prior-year period. Reported operating income increased 11% in the quarter to $304 million (+5% on an underlying basis) and diluted earnings per share of $0.39 increased 4%. Earnings per share incorporates the five for four stock split implemented on February 28, 2018, and was negatively impacted by $0.05 due to the net impact of U.S. tax reform. For the first nine months of the fiscal year, the company’s reported net sales increased 9% to $2,515 million (+7% on an underlying basis) compared to the same prior-year period. Reported net sales growth benefited by two percentage Show less Read more
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