Brown-Forman Corporation (NYSE: BF.A, BF.B)

This investigation is for anyone who acquired securities in Brown-Forman Corporation (NYSE: BF.A, BF.B) from June 5, 2024 to June 5, 2025.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely warn investors about declining sales.

On June 5, 2025, Brown-Forman reported financial results for its fourth quarter and full year 2025. Amongst other things, the Company reported “net sales decreased 7% to $894 million,” “reported operating income decreased 45%,” and “diluted earnings per share decreased 45%.” The Company stated that “results did not meet our long-term growth aspirations.” The Company further stated that, in fiscal year 2026, it would “expect continued headwinds” including declines in organic net sales and operating income, as the Company undergoes a “significant evolution of [its] U.S. distribution.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Brown-Forman Corporation (NYSE: BF.A, BF.B) from June 5, 2024 to June 5, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.