ValueQ3, 24Q4, 24Q1, 25Q2, 25TTMSelling/general/admin expenses178 M193 M177 M187 M735 MResearch & development—————Operating income280 M205 M260 M305 M1.05 BNon-Operating Income, Total158 M5 M-15 M0148 MInterest expense, net of interest capitalized31 M27 M25 M26 M109 MNon-Operating Income, excl. Interest Expenses127 M-22 M-40 M-26 M39 MUnusual income/expense—————Pretax income332 M183 M220 M279 M1.01 BEquity in earnings———0—Taxes62 M37 M50 M55 M204 MNon-controlling/minority interest—————After tax other income/expense-7 M14 M3 M1 M11 MNet income before discontinued operations270 M146 M170 M224 M810 MDiscontinued operations—————Net income270 M146 M170 M224 M810 MDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders270 M146 M170 M224 M810 MBasic earnings per share (Basic EPS)0.570.310.360.471.71Diluted earnings per share (Diluted EPS)0.570.310.360.471.71Average basic shares outstanding472.66 M472.65 M472.72 M471.87 M1.89 BDiluted shares outstanding472.89 M472.95 M472.96 M472.61 M1.89 BEBITDA—————EBIT519 M358 M398 M463 M1.74 BCost of revenue416 M381 M372 M421 M1.59 BOther cost of goods sold313 M227 M267 M300 M1.11 BDepreciation & amortization (cash flow)—————
Brown Forman Inc Class B
Brown-Forman Corporation is an American family-controlled publicly traded company, one of the largest in the spirits and wine business. Based in Louisville, Kentucky, it manufactures several very well known brands throughout the world, including Jack Daniel's, Old Forester, Woodford Reserve, GlenDronach, BenRiach, Glenglassaugh, Herradura, Korbel, and Chambord. Brown-Forman formerly owned Southern Comfort and Tuaca before selling them off in 2016.
As of fiscal 2024 the company had gross sales of $5.32 billion and net sales of $4.178 billion. The roughly 40 members of the Brown family, cousins that are descendants of founder George Garvin Brown, control more than 70% of the voting shares and in 2016 had a net worth of $12.3 billion.