Brown-Forman Revenue Falls 5.4% as Beverage Stocks Post Mixed Q3

Earnings
โดย StockStory·Read original
Summary · why it matters

Brown-Forman reported third-quarter revenue of $1.04 billion, a 5.4% decline from a year earlier, beating analyst estimates by 1.7% but missing EBITDA expectations. The 14 beverages, alcohol, and tobacco stocks tracked by StockStory collectively beat revenue consensus by 4.7%, though next-quarter guidance came in 3% below estimates. Vita Coco was the standout performer with revenue surging 37.3% to $179.8 million, exceeding forecasts by 20.5%, while Boston Beer lagged with a 4.4% revenue drop to $433.9 million and significant misses on operating income and EPS. Altria posted a 5.3% revenue gain to $4.76 billion, and Monster Beverage grew 26.9% to $2.35 billion, both topping analyst expectations.

Impact on stocks 5

Consumer Staples± Mixed · 5 stocks
Altria Group
MO
▲ PositiveDemandrelevance

Revenue gained 5.3% to $4.76 billion, beating expectations.

Boston Beer Company Inc
SAM
▼ NegativeCapitalrelevance

Revenue dropped 4.4% to $433.9 million with significant misses on operating income and EPS.