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BF.A

Brown-Forman Corp.

CEO

Lawson Whiting

Employees

4,800

The Brown–Forman Corporation is an American company, one of the largest in the spirits and wine business. Based in Louisville, Kentucky, it manufactures several well known brands throughout the world, including Jack Daniels, Old Forester, Woodford Reserve, GlenDronach, BenRiach, Glenglassaugh, Finlandia, Herradura, Korbel, and Chambord.

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The board of Brown-Forman has approved a share repurchase authorization of $400 million. This move is expected to return value to shareholders and potentially boost the company's stock price.

Portfolio Pulse from Bill Haddad

October 02, 2023 | 8:03 pm

Brown-Forman Corp reported Q1 FY24 sales growth of 3% to $1.04 billion, missing the analyst consensus of $1.05 billion. EPS of $0.48 also missed the analyst consensus of $0.53. The company reaffirmed its full-year fiscal 2024 guidance of 5-7% organic net sales growth and 6-8% organic operating income growth. BF-B shares are trading lower by 5.26% at $65.40.

Portfolio Pulse from Shivani Kumaresan

August 30, 2023 | 2:43 pm

Brown Forman Inc Class B Common Stock (NYSE:BF) reported Q1 earnings of $0.48 per share, missing the analyst consensus estimate of $0.53 by 9.43%. This is a 7.69% decrease from the same period last year. The company also reported quarterly sales of $1.04 billion, missing the analyst consensus estimate of $1.05 billion by 1.14%. This is a 3.08% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 12:04 pm

Brown Forman Inc Class B Common Stock (NYSE:BF) reported Q4 earnings of $0.43 per share, in line with analyst estimates, and sales of $1.05B, beating the $990.29M estimate. This represents a 38.71% increase in earnings and a 5.02% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:23 pm

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