Brown-Forman Corporation (BF.B)
| Market Cap | 30.27B |
| Revenue (ttm) | 4.18B |
| Net Income (ttm) | 727.00M |
| Shares Out | 485.24M |
| EPS (ttm) | 1.51 |
| PE Ratio | 41.31 |
| Forward PE | 37.45 |
| Dividend | $0.79 (1.26%) |
| Ex-Dividend Date | Mar 7, 2023 |
| Volume | 1,020,392 |
| Open | 61.85 |
| Previous Close | 61.66 |
| Day's Range | 61.78 - 62.55 |
| 52-Week Range | 60.23 - 78.15 |
| Beta | 0.70 |
| Analysts | Hold |
| Price Target | 71.16 (+14.08%) |
| Earnings Date | Mar 8, 2023 |
About BF.B
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, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, G... [Read more]
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 StatementsAnalyst Forecast
According to 25 analysts, the average rating for BF.B stock is "Hold." The 12-month stock price forecast is $71.16, which is an increase of 14.08% from the latest price.
News
Brown-Forman (BF.B) Q3 Earnings Miss, Sales Top Estimates
Brown-Forman's (BF.B) Q3 results reflect gains from a strong top line on strength in its brands, premiumization and growth across regions. Soft operating income hurt the bottom line.
Jack Daniel's parent Brown-Forman stock drops after profit falls to less than half what was expected amid margin weakness
Shares of Brown-Forman Corp. BF.B, -1.21% dropped 1.9% in premarket trading Wednesday, after the spirits company, with brands including Jack Daniel's, Finlandia and Woodford Reserve, reported fiscal t...
Brown-Forman Delivers Strong Year-to-Date Net Sales Growth
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its third quarter and nine months ended January 31, 2023. For the third quarter, reported net...
Earnings Exchange: CRWD, BF.B & ADS
Gina Sanchez, Lido Advisors chief market strategist, joins ‘The Exchange' to discuss three companies reporting earnings later today: Crowdstrike, Brown-Forman and Adidas.
Brown-Forman B (BF.B) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Brown-Forman B (BF.B) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
7 Well-Known Consumer Brands Worth a Spot in Your Portfolio
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CORRECTING and REPLACING Brown-Forman Third Quarter Earnings Release and Conference Call Scheduled for March 8, 2023
LOUISVILLE, Ky.--(BUSINESS WIRE)--First paragraph should read: Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and year-to-date fiscal 2023 financial results on March 8, 2023,...
Brown-Forman Third Quarter Earnings Release and Conference Call Scheduled for March 8, 2023
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and fiscal 2023 financial results on March 8, 2023, by 8:00 a.m. (EST), followed by a confere...
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 $0.2055 per share on its Class A...
The 7 Best Dividend Stocks to Buy for 2023
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Brown-Forman Announces Chief Information Officer and Jack Daniel Distillery Leadership Appointments
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) announces the appointments of Larry Combs to the newly created role of Chief Information Officer and Director of Supp...
Brown-Forman Completes Acquisition of Diplomático Rum Brand
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today that it has completed its acquisition of the Diplomático Rum brand and related assets from Destillers United...
Brown‑Forman to Ring New York Stock Exchange Closing Bell on December 14
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown‑Forman Corporation (NYSE: BFA, BFB) will ring the closing bell at the New York Stock Exchange (NYSE) in celebration of more than 150 years of enriching the ex...
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.
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.
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 ...
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.
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.
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 Grow...
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.
Brown-Forman Increases Cash Dividend for 39th Consecutive Year; Elects Mark Clouse and Elizabeth Smith to Board of Directors
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 sha...
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 sha...
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 mar...
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.
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...