Brown-Forman Corporation (BF.A)

NYSE: BF.A · IEX Real-Time Price · USD
67.62
-0.26 (-0.38%)
Dec 9, 2022 4:00 PM EST - Market closed
-0.38%
Market Cap 32.61B
Revenue (ttm) 4.13B
Net Income (ttm) 886.00M
Shares Out 479.12M
EPS (ttm) 1.86
PE Ratio 36.35
Forward PE 34.48
Dividend $0.58 (0.86%)
Ex-Dividend Date Dec 1, 2022
Volume 30,393
Open 67.56
Previous Close 67.88
Day's Range 67.22 - 68.18
52-Week Range 56.97 - 76.6
Beta 0.67
Analysts Hold
Price Target 74.25 (+9.8%)
Earnings Date Dec 7, 2022

About BF.A

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel, Sonoma-Cutrer, Finlandia, Gle... [Read more]

Industry Beverages
Founded 1870
CEO Lawson Whiting
Employees 5,200
Stock Exchange NYSE
Ticker Symbol BF.A
Full Company Profile

Financial Performance

In 2022, Brown-Forman's revenue was $3.93 billion, an increase of 13.64% compared to the previous year's $3.46 billion. Earnings were $838.00 million, a decrease of -7.20%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for BF.A stock is "Hold." The 12-month stock price forecast is 74.25, which is an increase of 9.80% from the latest price.

Price Target
$74.25
(9.80% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Brown-Forman (BF.B) Q2 Earnings Miss Estimates, Sales Beat

Brown-Forman's (BF.B) Q2 results reflect the benefits of the strong demand for its brands and gains across regions, offset by higher input and supply chain-related costs.

2 days ago - Zacks Investment Research

Brown-Forman misses profit and revenue target, but sees supply chain constraints easing

Brown-Forman Cop. BF.B, -0.50% said Wednesday its second-quarter net income fell 4% to $236 million, or 49 cents a share, from $227 million, or 47 cents a share, in the year-ago quarter.

2 days ago - Market Watch

Brown-Forman Delivers Double-Digit Net Sales Growth in the First Half and Raises Full Year Outlook

LOUISVILLE, Ky.--( BUSINESS WIRE )--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its second quarter and the first half of fiscal 2023. For the second quarter, reported net sa...

2 days ago - Business Wire

Brown-Forman (BF.B) to Retain Its Earnings Beat Streak in Q2

Brown-Forman's (BF.B) Q2 results are expected to gain from strong demand for its brands, mainly the resurgence of Jack Daniel's Tennessee Whiskey, and growth across all geographic clusters.

1 week ago - Zacks Investment Research

Why Brown-Forman (BF-B) Might Surprise This Earnings Season

Brown-Forman (BF-B) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 week ago - Zacks Investment Research

Marshall Farrer, President, Europe, Expands Leadership Role and Adds Chief Strategic Growth Officer Responsibilities

Brown-Forman Corporation (NYSE:BFA,BFB) announced today that Marshall Farrer, President, Europe, will expand his leadership responsibilities and be named Executive Vice President, Chief Strategic Growth...

1 week ago - Business Wire

Supreme Court agrees to hear Jack Daniel's trademark case against dog toy company

The Supreme Court agreed Monday to hear a dispute between Jack Daniel's and a dog toy company that sells "Bad Spaniels" whiskey bottles.

2 weeks ago - CNBC

6 Companies That Raised Their Dividends This Week

Shares of the global athletic shoe and apparel maker were recently yielding 1.3%.

Other symbols: ACHRWKEYMSINKE
2 weeks ago - Barrons

Brown-Forman Increases Cash Dividend for 39th Consecutive Year; Elects Mark Clouse and Elizabeth Smith to Board of Di...

LOUISVILLE, Ky.--( BUSINESS WIRE )--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 9% to the quarterly cash dividend from $0.1885 per share...

3 weeks ago - Business Wire

Brown-Forman Increases Cash Dividend for 39th Consecutive Year

LOUISVILLE, Ky.--( BUSINESS WIRE )--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 9% to the quarterly cash dividend from $0.1885 per share...

3 weeks ago - Business Wire

7 No-Brainer Blue-Chip Stocks to Buy for 2023 and Beyond

While it's tempting to target the flavors of the week during a market correction, investors ought to spare some time for no-brainer blue-chip stocks to buy for 2023 and beyond. Indeed, the broader marke...

3 weeks ago - InvestorPlace

Why Brown-Forman B (BF.B) Could Beat Earnings Estimates Again

Brown-Forman B (BF.B) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Brown-Forman Second Quarter Earnings Release and Conference Call Scheduled for December 7, 2022

Brown-Forman Corporation (NYSE: BFA, BFB) will release its second quarter and first half of fiscal year 2023 financial results on December 7, 2022, by 8:00 a.m. (EST), followed by a conference call to d...

1 month ago - Business Wire

4 Stocks to Watch Despite the Hardships in the Alcohol Industry

The Beverages - Alcohol industry is likely to stay strong on its premiumization, pricing and e-commerce growth efforts despite the headwinds related to elevated input, freight and packaging costs. Playe...

Other symbols: BUDDEOSTZ
1 month ago - Zacks Investment Research

Brown-Forman Completes Purchase of Gin Mare Brands

Brown-Forman Corporation (NYSE:BFA,BFB) announced today that it has completed the purchase of the Gin Mare brands from Vantguard and MG Destilerías. The company announced its agreement to purchase in Se...

1 month ago - Business Wire

Get Ready To Buy Stocks Again This Month (Including These 11)

November already is known as the S&P 500's second-best month of the year. And this November, some stocks have even more power.

1 month ago - Investors Business Daily

Brown-Forman Acquires Diplomatico Rum

The whiskey giant is placing its bets on the premium rum category

1 month ago - Forbes

Brown-Forman to Purchase Diplomático Rum Brand

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA, BFB) announced today it has reached an agreement to purchase the Diplomático Rum brand and related assets from Destillers United Gro...

2 months ago - Business Wire

3 Reasons to Hold Brown-Forman (BF.B) Despite Cost Inflation

Brown-Forman (BF.B) is poised to strengthen from a robust brand portfolio, consumer demand and market recovery, despite the pullback from high inflationary costs.

2 months ago - Zacks Investment Research

ADDING MULTIMEDIA Brown-Forman to Purchase Gin Mare Brands

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today it has reached an agreement to purchase the Gin Mare brands from Vantguard and MG Destilerías. Upon completion o...

3 months ago - Business Wire

Brown-Forman to Purchase Gin Mare Brands

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today it has reached an agreement to purchase the Gin Mare brands from Vantguard and MG Destilerías. Upon completion o...

3 months ago - Business Wire

Brown-Forman to Participate in Barclays Global Consumer Staples Conference

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting and Senior Vice President and Chief Financial Office...

3 months ago - Business Wire

Brown-Forman (BF.B) Earnings & Sales Top Estimates in Q1

Brown-Forman's (BF.B) Q1 results reflect gains from the continued demand for its brands and growth across markets. The company's sales also gain from the revival of tourism and recovery in Travel Retail.

3 months ago - Zacks Investment Research

Jack Daniel's parent Brown-Forman posts better-than-expected earnings for fiscal first quarter

Brown-Forman Corp. BF.A, -1.88% BF.B, -2.42% posted stronger-than-expected earnings for its fiscal first quarter on Wednesday, boosted by strong whiskey sales. The company had net income of $249 million...

3 months ago - Market Watch

Brown-Forman Reports Continued Momentum With Strong First Quarter Fiscal 2023 Results

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its first quarter of fiscal 2023 with reported net sales1 increasing 11% to $1.0 billion (+17% ...

3 months ago - Business Wire