BROWN FORMAN CORP
For the period ended Apr 30, 2024. Filed Jun 14, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jun 14, 2024
BF-A$31.28-0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(Dollars in millions, except per share amounts)
| Year Ended April 30, | 2022 | 2023 | 2024 |
|---|---|---|---|
| Sales | $5,081 | $5,372 | $5,328 |
| Excise taxes | 1,148 | 1,144 | 1,150 |
| Net sales | 3,933 | 4,228 | 4,178 |
| Cost of sales | 1,542 | 1,734 | 1,652 |
| Gross profit | 2,391 | 2,494 | 2,526 |
| Advertising expenses | 438 | 506 | 529 |
| Selling, general, and administrative expenses | 690 | 742 | 826 |
| Gain on business divestitures | — | — | (267) |
| Other expense (income), net | 59 | 119 | 24 |
| Operating income | 1,204 | 1,127 | 1,414 |
| Non-operating postretirement expense | 13 | 29 | 3 |
| Interest income | (5) | (9) | (14) |
| Interest expense | 82 | 90 | 127 |
| Income before income taxes | 1,114 | 1,017 | 1,298 |
| Income taxes | 276 | 234 | 274 |
| Net income | $838 | $783 | $1,024 |
| Earnings per share: | |||
| Basic | $1.75 | $1.63 | $2.15 |
| Diluted | $1.74 | $1.63 | $2.14 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.