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Impairment Charges at other companies

MGP Ingredients logo
MGP IngredientsMGPI
$179.53M
Tilray Brands, Inc. logo
Tilray Brands, Inc.TLRY
$0-100%

Other financials

Income statement

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Revenue$912.0M+2.0%
Gross profit$571.0M+11.3%
Operating income$96.0M-53.2%
Net income$54.0M-63.0%
EPS (diluted)$0.12-61.3%

Balance sheet

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Cash & equivalents$308.0M-33.5%
Total debt$2.3B-20.3%
Total equity$4.0B+0.7%
Total assets$7.9B-2.4%

Cash flow

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Operating cash flow$291.0M+91.4%
CapEx$26.0M-48.0%
Free cash flow$265.0M+160%

Valuation

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Market cap$13.16B-8.9%
Enterprise value$15.11B-7.4%
P/E18.4×+1.3×
P/S3.4×-0.3×

Profitability

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Gross margin60.5%+1.6pp
Operating margin25.5%-2.4pp
Net margin18.2%-3.7pp
FCF margin22.7%+11.9pp

Returns & leverage

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Return on equity17.8%-5.3pp
Debt / equity0.6×-0.1×
Current ratio3.2×-0.6×

Where this comes from

Reported directly by Brown-Forman Corporation in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill.

The source filing: Brown-Forman Corporation’s 10-K, filed June 12, 2026.

Filed
Jun 12, 2026, 4:01 PM EDT
Fiscal year
FY2026
Accession
0000014693-26-000024
Year Ended April 30,202420252026
Selling, general, and administrative expenses826744807
Restructuring and other charges6019
Gain on business divestitures(267)
Other intangible assets impairment747132
Other expense (income), net17(99)(43)
Operating income1,4141,1071,001
Non-operating postretirement expense3427
Interest income(14)(17)(14)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Brown-Forman Corporation's impairment charges?
Brown-Forman Corporation (BF.A) reported impairment charges of $33M in Q1 2026.
How has Brown-Forman Corporation's impairment charges changed year-over-year?
Brown-Forman Corporation's impairment charges increased by 180.9% year-over-year, from $11.75M to $33M.
What is the long-term trend for Brown-Forman Corporation's impairment charges?
Over 2 years (2024 to 2026), Brown-Forman Corporation's impairment charges has grown at a 334.2% compound annual growth rate (CAGR), from $7M to $132M.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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