Brown-Forman prices USD 500 million notes and Brown-Forman stock costs EUR 23.29
Published on 10/07/2026 at 08:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Brown-Forman (ISIN US1156372096) was trading at EUR 23.29 at Lang & Schwarz on October 7, 2026 at 8:10 a.m. CEST, minus 0.47 percent versus the prior close of EUR 23.40. On September 17, 2026, Brown-Forman announced the pricing of USD 500.0 million of five-year senior unsecured notes.
Debt adds a clear capital signal
The notes carry a 5.375 percent annual interest rate and mature on October 15, 2031. Brown-Forman said the proceeds may support dividends, share repurchases, debt repayment, capital expenditures, acquisitions and pension obligations.
The financing arrives after Brown-Forman ended its first quarter of fiscal 2027 with USD 301.0 million in cash and USD 2.08 billion in long-term debt. The capital structure therefore remains central to the stock story, even as the new notes provide funding flexibility.
Sales pressure meets product growth
According to Zacks on October 2, 2026, first-quarter fiscal 2027 net sales fell 1.00 percent year over year to USD 911.0 million, while diluted earnings per share rose 6.00 percent to USD 0.38. Sales also missed the USD 921.2 million consensus estimate.
The operating split is more revealing than the headline sales figure. Ready-to-Drink sales rose 20.00 percent, led by a 48.00 percent increase in New Mix, while tequila sales fell 12.00 percent.
Operating income declined 3.00 percent year over year to USD 252.0 million, but net income increased 3.00 percent to USD 176.0 million. Operating cash flow rose to USD 173.0 million, and free cash flow reached USD 161.0 million in the first quarter of fiscal 2027.
Brown-Forman stock stays under pressure
Management reaffirmed an outlook for flat organic net sales and a 3.00 percent to 5.00 percent decline in organic operating income for fiscal 2027. That combination leaves product innovation and cost control competing with weaker tequila demand and pressure in developed markets.
At Lang & Schwarz, Brown-Forman stock was trading at EUR 23.29 on October 7, 2026 at 8:10 a.m. CEST, minus 0.47 percent versus the prior close of EUR 23.40. The further course of trading is shown by the continuously updated real-time quote of Brown-Forman stock.
Brown-Forman stock facts
- Company: Brown-Forman Corporation
- ISIN: US1156372096
- Ticker: BF.B
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 7, 2026, 8:10 a.m. CEST): EUR 23.29
- Change versus prior close: minus 0.47 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 23.40
- Market capitalization: USD 12.3 billion (as of October 6, 2026)
- 52-week range: USD 22.61-31.92 (as of October 6, 2026)
- Sector / Industry: Consumer Defensive / Beverages - Wineries and Distilleries
- Index membership: S&P 500
