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Brown-Forman Corporation (BF.A)

- NYSE
  • Wed, Aug. 26, 7:52 AM
    • Brown-Forman (NYSE:BF.A): FQ1 EPS of $0.75 in-line.
    • Revenue of $900M (-2.3% Y/Y) misses by $47.08M.
    • Press Release
    | Wed, Aug. 26, 7:52 AM | Comment!
  • Tue, Jul. 21, 6:57 AM
    • Sterne Agee initiates coverage on Brown-Forman (BF.B, BF.A) with a Buy rating.
    • The investment firm sets a price target of $114 on the alcoholic beverage seller.
    • Share of Brown-Forman sit at all-time highs.
    | Tue, Jul. 21, 6:57 AM | 1 Comment
  • Wed, Jun. 3, 7:33 AM
    • Brown-Forman (NYSE:BF.A): FQ4 EPS of $0.66 in-line.
    • Revenue of $947M (+6.0% Y/Y) beats by $28.51M.
    • Press Release
    | Wed, Jun. 3, 7:33 AM | Comment!
  • Wed, Jun. 3, 7:17 AM
    • Brown-Forman (BF.A, BF.B) announces the acquisition of Slane Castle Irish Whiskey for an undisclosed amount.
    • The purchase gives the company an entry into the Irish whiskey segment.
    • Brown-Forman also plans to spend $50M to build a new distillery in Ireland which is slated to be opened in late 2016.
    | Wed, Jun. 3, 7:17 AM | 2 Comments
  • Thu, May 21, 11:34 AM
    • Brown-Forman Corporation (NYSE:BF.A) declares $0.315/share quarterly dividend, in line with previous.
    • Forward yield 1.25%
    • Payable July 1; for shareholders of record June 3; ex-div June 1.
    | Thu, May 21, 11:34 AM | Comment!
  • Thu, May 21, 9:47 AM
    • Brown-Forman (BF.A, BF.B) will remain a Brown family business with the appointments of Augusta Brown Holland and Stuart Brown to the board.
    • The Brown family owns a majority of the company's shares and has kept a tight reign on the board.
    | Thu, May 21, 9:47 AM | Comment!
  • Mon, May 18, 1:07 PM
    • Societe Generale is out with a note in which it dissects the impact of higher interest rates on stocks.
    • The investment firm notes the Consumer Staples ETF (NYSEARCA:XLP) boasts a dividend yield of 2.5% which becomes less attractive as rates march upward.
    • Individual consumer staples stocks identified by SG as having the strongest correlation to swings in the 10-year Treasury yield are Colgate-Palmolive (NYSE:CL), Costco (NASDAQ:COST), McKesson (NYSE:MCK), and Brown-Forman (BF.A, BF.B).
    • Consumer Staples ETFs: VDC, FXG, RHS, FSTA, PSL, PSCC.
    | Mon, May 18, 1:07 PM | 8 Comments
  • Wed, Mar. 25, 4:45 PM
    • The previous authorization had $108M remaining as of the close yesterday. Under the amended program, the company can purchase up to $1B more of BF.A or BF.B at its discretion.
    • Source: Press Release
    | Wed, Mar. 25, 4:45 PM | 1 Comment
  • Wed, Mar. 4, 7:49 AM
    • Brown-Forman Corporation (NYSE:BF.A) (NYSE:BF.B): FQ3 EPS of $0.87 in-line.
    • Revenue of $1.1B (+1.9% Y/Y) misses by $20M.
    • Press Release
    | Wed, Mar. 4, 7:49 AM | Comment!
  • Tue, Jan. 20, 2:50 PM
    • Brown-Forman Corporation (NYSE:BF.A) declares $0.315/share quarterly dividend, in line with previous.
    • Forward yield 1.38%.
    • Payable April 1; for shareholders of record March 10; ex-div March 6.
    | Tue, Jan. 20, 2:50 PM | Comment!
  • Dec. 16, 2014, 10:30 AM
    • Retailers and restaurateurs are optimistic that holiday spending on adult beverages will pick up this holiday season due to the improved economic backdrop, according to research firm Technomic.
    • Though consumers are likely to stick with many of their built-up cost assessment habits, strong brands could see a sales boost on some splurging.
    • Spirits/beer stocks: BUD, DEO, OTCPK:CABGY, TAP, SAM, BF.A, BF.B, STZ, OTCPK:PDRDY, OTCPK:STBFY.
    | Dec. 16, 2014, 10:30 AM | Comment!
  • Nov. 20, 2014, 1:33 PM
    • Brown-Forman Corporation (NYSE:BF.A) declares $0.315/share quarterly dividend, 8.6% increase from prior dividend of $0.29.
    • Forward yield 1.34%
    • Payable Dec. 30; for shareholders of record Dec. 4; ex-div Dec. 2.
    | Nov. 20, 2014, 1:33 PM | 1 Comment
  • Jun. 4, 2014, 9:33 AM
    • Brown-Forman (BF.A, BF.B) reports it grew margins over the last fiscal year on an improved product mix.
    • Sales growth by region: U.S. +4%; Australia +2%; U.K. +8%; Germany +8%; Mexico -4%; Russia +21%.
    • The American whisky category made a solid contribution to the company's results.
    | Jun. 4, 2014, 9:33 AM | Comment!
  • Mar. 18, 2014, 10:20 AM
    • Diageo (DEO +0.4%) is sparring with Brown-Forman (BF.A, BF.B) in Tennessee over rules governing the production and labeling of whiskey.
    • Brown-Forman got a helping hand from the Tennessee legislature to give an unfair advantage over large and small distillers, claims Diageo.
    | Mar. 18, 2014, 10:20 AM | 2 Comments
  • Mar. 18, 2014, 4:03 AM
    • When can whiskey made in Tennessee be called Tennessee Whiskey?
    • Jack Daniel's owner Brown-Forman (BF.A) argues that only when the spirit is made from at least 51% corn, filtered through maple charcoal and aged in new, charred oak barrels. The state agreed and passed legislation to that effect last year.
    • However, Diageo, the provider of George Dickel, is trying to persuade Tennessee legislators to relax the rules so that distillers in the region can innovate and not copy Jack Daniel's. This is despite George Dickel complying with the regulations.
    • State House and Senate committees are due to discuss the issue today ahead possible votes in the full chambers to ease the regulations.
    | Mar. 18, 2014, 4:03 AM | 1 Comment
  • Feb. 5, 2014, 10:48 AM
    • Prohibition was repealed in the U.S. with the passage of the 21st Amendment to the Constitution, but some states are just catching up.
    • A new report from the Distilled Spirits Council of the United States notes an accelerating pace of reversals by states on alcohol sales restrictions.
    • Blue laws are fading across the U.S. in a development which is helping to boost Sunday sales for spirits sellers.
    • Related stocks: DEO, BF.A, BF.B, BEAM, STZ.
    | Feb. 5, 2014, 10:48 AM | Comment!
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Company Description
Brown-Forman Corp is a spirits and wine company. The Company manufactures, bottles, imports, exports, and markets a wide variety of alcoholic beverage brands.