Brown-Forman Corporation (BF.B) Q4 2025 Earnings Call Transcript


Brown-Forman Corporation (NYSE:BF.B) Q4 2025 Earnings Conference Call June 5, 2025 10:00 AM ET

Company Participants

Lawson E. Whiting – CEO, President & Director
Leanne D. Cunningham – Executive VP & CFO
Susanne J. Perram – VP & Director of Investor Relations

Conference Call Participants

Bryan Douglass Spillane – BofA Securities, Research Division
Filippo Falorni – Citigroup Inc., Research Division
Kevin Michael Grundy – BNP Paribas Exane, Research Division
Lauren Rae Lieberman – Barclays Bank PLC, Research Division
Nadine Sarwat – Sanford C. Bernstein & Co., LLC., Research Division
Robert Bain Moskow – TD Cowen, Research Division

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Brown-Forman Corporation Fourth Quarter and Fiscal Year 2025 Earnings Call. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to turn the conference over to Sue Perram, Vice President, Director of Investor Relations. Please go ahead.

Susanne J. Perram

Thank you, and good morning, everyone. I would like to thank each of you for joining us today for Brown-Forman’s Fourth Quarter and Fiscal Year 2025 Earnings Call. Joining me today are Lawson Whiting, President and Chief Executive Officer; and Leanne Cunningham, Executive Vice President and Chief Financial Officer.

This morning’s conference call contains forward-looking statements based on our current expectations. Numerous risks and uncertainties may cause actual results to differ materially from those anticipated or projected in these statements. Many of the factors that will determine future results are beyond the company’s ability to control or predict. You should not place undue reliance on any forward-looking statements, and except as required by law, the company undertakes no obligation to update any of these statements, whether due to new information, future events or otherwise.

This morning, we issued a press release containing our results for the fourth



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