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Shares of Jack Daniel's-maker Brown-Forman plunged more than 18% on Thursday after the company reported quarterly earnings that came in below analyst estimates, weighed down by the impact of tariffs and weak discretionary spending on alcohol.

"While our results did not meet our long-term growth aspirations, we made important progress in an exceptionally challenging macroeconomic environment," CEO Lawson Whiting said in the company's earnings release.

Here's how the company performed for its fiscal fourth quarter of 2025, compared with Wall Street expectations, according to LSEG:

Earnings per share : 31 cents vs. 34 cents estimated

Revenue : $894 million vs. $967.4 million estimated

For the fiscal fo

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