Brown-Forman Corporation (BF.A)
Market Cap | 24.70B |
Revenue (ttm) | 4.26B |
Net Income (ttm) | 965.00M |
Shares Out | 466.64M |
EPS (ttm) | 2.01 |
PE Ratio | 26.34 |
Forward PE | 25.71 |
Dividend | $0.87 (1.65%) |
Ex-Dividend Date | Mar 7, 2024 |
Volume | 35,711 |
Open | 52.97 |
Previous Close | 53.07 |
Day's Range | 52.74 - 53.45 |
52-Week Range | 51.52 - 72.65 |
Beta | 0.79 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Mar 6, 2024 |
About BF.A
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Coopers' Craft, Gentleman Jack, Herradura, el Jimador, New Mix, Korbel, Sonoma-Cutrer, Finlandia, Chambord, Gin Mare, Dipl... [Read more]
Financial Performance
In 2023, Brown-Forman's revenue was $4.23 billion, an increase of 7.50% compared to the previous year's $3.93 billion. Earnings were $783.00 million, a decrease of -6.56%.
Financial StatementsNews
Jack Daniel's Flowed During the Pandemic. Now Comes the Hangover.
Sluggish sales of the biggest American whiskey brand reflect shifts in consumer spending and how people consume alcohol.
Cramer's Stop Trading: Brown-Forman
CNBC's Jim Cramer explains why he is keeping an eye on shares of Brown-Forman.
Brown-Forman Reports Year-To-Date Fiscal 2024 Results; Updates Full Year Outlook
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its third quarter and nine months ended January 31, 2024. Third quarter reported net sales de...
Brown-Forman Announces Investor Day Webcast
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced that it will host an investor conference in Louisville, Kentucky, on Wednesday, March 20, 2024, with present...
Brown-Forman Named One of the 2024 World's Most Ethical Companies
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman (NYSE: BFA, BFB) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the ...
Brown-Forman Commits Funds to Foundation and Dendrifund
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA, BFB) today announced a commitment of $22.5 million to support the efforts of the Brown-Forman Foundation and Dendrifund. The commi...
Brown-Forman Announces Launch of Distribution Business in Italy
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB), one of the largest American-owned spirits companies, announces today its plan to distribute its own brands in Italy, effectiv...
Brown-Forman Announces Sale of Cooperage in Alabama
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced the sale of its cooperage in Trinity, Alabama, to Independent Stave Company (ISCO). The cooperage will continue to m...
Brown-Forman Announces American Whiskey Global Marketing Leads
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today new global marketing leadership for its American Whiskey brands. Mark Bacon was named Managing Director, Jack ...
Brown-Forman Third Quarter Earnings Release and Conference Call Scheduled for March 6, 2024
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and year-to-date fiscal 2024 financial results on March 6, 2024, by 8:00 a.m. (EST), followed...
Alcohol trends and stocks for investors to watch
Spirits are gaining their share in the US alcohol market as consumer demographics — both men and women — are diversifying their palettes and becoming more open to what they drink. Nadine Sarwat, Berns...
Brown-Forman Announces European Leadership Change
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today a change in its European leadership and Executive Leadership Team (ELT). Effective March 1, 2024, Yiannis Pafi...
Brown-Forman Declares Cash Dividend
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2178 per share on its Class A a...
Brown-Forman: Shoppers' Rising Expectation of Convenience Demands Contextual Commerce
As consumers increasingly expect commerce integrated into their day-to-day lives, spirits giant Brown-Forman, parent company of Jack Daniel's, is looking to create more immersive online shopping exper...
Whisky gets a break from tariffs: Here's what you need to know
CNBC's Emily Wilkins and Brandon Gomez join 'Squawk on the Street' to discuss the tariffs being lifted on American whisky.
Whiskey distillers cheer as EU, U.S. strike deal to avoid 50% tariff on exports to Europe
The European Union and U.S. agreed to extend the suspension of 50% tariffs on whiskey exports that American distillers had been dreading.
Midday Movers: Campbell Soup Boosted by Price Hikes, Brown-Forman Falls on Forecast
U.S. equities were higher at midday as new reports showed labor costs fell and productivity increased more than anticipated, while private sector hiring tracked by payroll provider ADP came in below e...
Brown-Forman's stock slides 4.7% after earnings fall short of estimates
Brown-Forman Corp.'s stock BF.B, -0.25% slid 4.7% early Wednesday, after the parent to Jack Daniel's whiskey posted weaker-than-expected fiscal second-quarter earnings and said a challenging operating...
Brown-Forman Reports First Half Fiscal 2024 Results; Revises Full Year Outlook
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its second quarter and first half of fiscal 2024 ended October 31, 2023. Second quarter repor...
Brown-Forman Increases Cash Dividend for 40th Consecutive Year
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 6% to the quarterly cash dividend from $0.2055 per share...
Jack Daniel's parent Brown-Forman's stock falls after sales warning from Johnnie Walker parent Diageo
Shares of Jack Daniel's parent Brown-Forman Corp. BF.B, -3.31% fell 3.1% in morning trading Friday, following a sales warning from rival Diageo PLC DEO, -14.55% DGE, -14.92%, which owns the Johnnie Wa...
Brown-Forman Second Quarter Earnings Release and Conference Call Scheduled for December 6, 2023
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) will release its second quarter and first half of fiscal year 2024 financial results on December 6, 2023, by 8:00 a.m. (EST)...
Brown-Forman Completes Sale of Finlandia Vodka
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today that it has completed the sale of the Finlandia vodka brand to Coca-Cola HBC AG on November 1, 2023. In June 2...