Brown-Forman (BF.A, BF.B) reported fiscal Q3 earnings Wednesday of $0.58 per diluted share, compared with $0.57 a year earlier.

Analysts surveyed by FactSet expected $0.47.

Net sales for the quarter ended Jan. 31 were $1.06 billion, compared with $1.04 billion a year earlier.

Analysts surveyed by FactSet expected $1 billion.

The company said it continues to expect fiscal 2026 organic net sales to decline in the low-single-digit range.