Brown-Forman Corporation (BF.B)
Market Cap | 20.21B |
Revenue (ttm) | 4.18B |
Net Income (ttm) | 1.02B |
Shares Out | 475.75M |
EPS (ttm) | 2.14 |
PE Ratio | 19.85 |
Forward PE | 22.33 |
Dividend | $0.87 (2.05%) |
Ex-Dividend Date | Jun 7, 2024 |
Volume | 1,827,932 |
Open | 42.25 |
Previous Close | 42.11 |
Day's Range | 41.95 - 42.62 |
52-Week Range | 41.95 - 71.27 |
Beta | 0.76 |
Analysts | Hold |
Price Target | 55.20 (+29.94%) |
Earnings Date | Aug 28, 2024 |
About BF.B
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 cocktails, 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, Korbel, Sonoma-Cutrer, Finlandia, Chambord, Gin Mare, Diplom... [Read more]
Financial Performance
In 2024, Brown-Forman's revenue was $4.18 billion, a decrease of -1.18% compared to the previous year's $4.23 billion. Earnings were $1.02 billion, an increase of 30.78%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for BF.B stock is "Hold." The 12-month stock price forecast is $55.2, which is an increase of 29.94% from the latest price.
News
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Brown-Forman Announces Executive Leadership Change
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today that Diane Nguyen has been named chief people, places, and communications officer and a member of the company'...
Brown-Forman Corporation Mourns Passing of W.L. Lyons Brown Jr., Former Chair and Chief Executive Officer
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation mourns the loss of W.L. Lyons Brown Jr., retired chair of the board and chief executive officer, who passed away on June 9. Brown, a fourth-g...
What's Next For Jack Daniel's Maker Brown-Forman Stock After A 6% Fall Following A Mixed Q4?
Brown-Forman (NYSE: BF-B), known for its Jack Daniel's Tennessee whiskey, recently reported its Q4 fiscal 2024 results (fiscal ends in April), with revenues missing and earnings exceeding the street e...
Brown-Forman Stock Falls as Jack Daniel's Whiskey Sales Slump and Revenue Drops
Brown-Forman (BF.A) shares lost over 3% in early trading Wednesday after the spirits maker reported its revenue declined as demand for its top-selling brand, Jack Daniel's Tennessee Whiskey, continued...
Jack Daniel's maker Brown-Forman beats quarterly profit estimates on price hikes
Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations on Wednesday, as price hikes on its premium whiskey and tequila helped offset waning demand, sending the company's shares up 3%...
Brown-Forman's stock up 2.8% after profit beat
Brown-Forman Corp.'s stock BF.B, -0.76% rose 2.8% early Wednesday, after the Jack Daniels parent posted better-than-expected profit for its fiscal fourth quarter, offsetting a revenue miss. Louisville...
Brown-Forman Reports Fiscal 2024 Results
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its fourth quarter and fiscal year ended April 30, 2024. Fourth quarter reported net sales de...
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 Fourth Quarter Earnings Release and Conference Call Scheduled for June 5, 2024
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) will release its fourth quarter and fiscal year 2024 financial results on June 5, 2024, by 8:00 a.m. (EDT), followed by a co...
Brown-Forman Announces Emerging International Leadership Change
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today a change in its Emerging International leadership and Executive Leadership Team (ELT). Michael Masick will bec...
Brown-Forman Announces Launch of Own Distribution Business in Japan
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB), one of the largest American-owned spirits companies, is launching its own distribution business in Japan today, bringing th...
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...