Brown-Forman Corporation (BF.B) - NYSE
  • Yesterday, 7:03 AM
    • June monthly performance was: +2.86%
    • AUM of $2.02B
    • 52-week performance vs. the S&P 500 is: +7%
    • $0.25 in dividends were paid in June
    • Top 10 Holdings as of 5/31/2016: S&P Global Inc (SPGI): 2.15464%, Archer-Daniels Midland Co (ADM): 2.15039%, Cincinnati Financial Corp (CINF): 2.13109%, McCormick & Co Inc Non-Voting (MKC): 2.10728%, C.R. Bard Inc (BCR): 2.10554%, Cintas Corp (CTAS): 2.10524%, Leggett & Platt Inc (LEG): 2.10068%, Lowe's Companies Inc (LOW): 2.09886%, Brown-Forman Corp Class B (BF.B): 2.09499%, Pentair PLC (PNR): 2.09495%
    | Yesterday, 7:03 AM
  • Wed, Jun. 8, 7:52 AM
    • Brown-Forman (NYSE:BF.B): FQ4 EPS of $2.60 may not be comparable to consensus of $0.72.
    • Revenue of $933M (-1.5% Y/Y) beats by $34M.
    • Press Release
    | Wed, Jun. 8, 7:52 AM | 4 Comments
  • Tue, Jun. 7, 5:30 PM
    | Tue, Jun. 7, 5:30 PM | 3 Comments
  • Mon, Jun. 6, 5:09 AM
    • Global alcohol makers are bracing for a potentially precedent-setting court decision in Scotland over whether the country will become the first to implement a floor on alcohol prices - a move the industry feels could unleash an international wave of regulation.
    • After years of the case bouncing around the legal system, the Court of Session will hold a hearing on minimum unit pricing tomorrow and is expected to make a decision by August.
    • Related tickers: BUD, DEO, ABEV, SAM, BORN, CCU, STZ, TAP, VCO, BF.A, BF.B
    | Mon, Jun. 6, 5:09 AM | 9 Comments
  • Thu, Jun. 2, 7:46 AM
    • May monthly performance was: +0.76%
    • AUM of $1.77B
    • 52-week performance vs. the S&P 500 is: +7%
    • No dividends were paid in May
    • Top 10 Holdings as of 4/30/2016: Consolidated Edison Inc (ED): 2.09%, Leggett & Platt Inc (LEG): 2.07%, S&P Global Inc (SPGI): 2.07%, Brown-Forman Corp Class B (BF.B): 2.07%, Colgate-Palmolive Co (CL): 2.06%, C.R. Bard Inc (BCR): 2.05%, Hormel Foods Corp (HRL): 2.05%, W.W. Grainger Inc (GWW): 2.05%, Clorox Co (CLX): 2.05%, McCormick & Co Inc Non-Voting (MKC): 2.05%
    | Thu, Jun. 2, 7:46 AM
  • Fri, May 13, 8:32 AM
    • Brown-Forman (NYSE:BF.B) is considering a sale of its Finlandia vodka brand as part of a broader effort to focus on its whiskey business, Bloomberg reports.
    • BF's whiskey brands, which include Jack Daniels, are benefiting from a surge in U.S. demand that has sent the spirit past vodka in global popularity, whcih has prompted the company to prune its brands to focus almost exclusively on whiskey and tequila.
    • BF spent more than $200M during 2000-04 as it acquired Finlandia in stages.
    | Fri, May 13, 8:32 AM | 1 Comment
  • Wed, Apr. 27, 7:20 AM
    • Brown-Forman (BF.A, BF.B) announces it acquired The BenRiach Distillery for £285M ($416.2M).
    • The deal brings the The GlenDronach, BenRiach, and Glenglassaugh single match Scotch whisky brands into the company's pantry.
    • The transaction is expected to close on or near June 1.
    | Wed, Apr. 27, 7:20 AM | 2 Comments
  • Thu, Mar. 10, 9:54 AM
    • RBC Capital lifts its price targets on two consumer staples heavyweights.
    • Coca-Cola (KO +0.6%) is assigned a fresh of $51. KO is +4.5% YTD to $44.90. Shares yield 3.11%.
    • Reynolds American (RAI +1.4%) earns a PT of $57. RAI is +12.8% YTD to $52.14. Shares yield 3.22%.
    • There's been some debate that the run of consumer staples stocks is poised to end, but SA contributor Daryl Montgomery argues the sector is still a safe play on a technical view.
    • Earlier this week, Evercore ISI's Rick Ross also came in positive on the sector (CNBC video).
    • "You probably can't do much better than owning the staples on this breakout from a multiyear trading range ... against the backdrop of a world where yields are extremely low,"said Ross
    • Related stocks: PM, PG, PEP, CL, ADM, KMB, STZ, DPS, SJM, HRL, CHD, TSN, HSY, CPB, [[BF.]], BF.B.
    • Related ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC.
    | Thu, Mar. 10, 9:54 AM | 9 Comments
  • Wed, Mar. 2, 10:59 AM
    • Brown-Forman (BF.A, BF.B) trades lower after revenue came in a touch light for FQ3.
    • The company continues to be hurt by a strong U.S. dollar and saw some weakness in certain emerging markets. Steady organic growth for the Jack Daniel's brand is a positive factor for Brown-Forman.
    • EPS guidance came in at $3.32-$3.42 vs. $3.40-$3.60 prior and $3.43 consensus.
    • Previously: Brown-Forman EPS in-line, misses on revenue (Mar. 02 2016)
    • BF.B -2.78% TO $94.95. BF.A -3.25% to $103.16.
    | Wed, Mar. 2, 10:59 AM | 1 Comment
  • Wed, Mar. 2, 7:48 AM
    • Brown-Forman (NYSE:BF.B): FQ3 EPS of $0.94 in-line.
    • Revenue of $1.08B (-0.9% Y/Y) misses by $20M.
    • Press Release
    | Wed, Mar. 2, 7:48 AM
  • Tue, Mar. 1, 5:30 PM
  • Thu, Jan. 14, 9:16 AM
    • Brown-Forman (BF.A, BF.B) announces it sold its Southern Comfort and Tuaca brands to Sazerac for $534.5M.
    • Southern Comfort changes hands for the first time in 37 years.
    • The deal is expected to close on March 1 and give Brown-Forman a one-time boost to operating income of $475M.
    | Thu, Jan. 14, 9:16 AM | 5 Comments
  • Dec. 2, 2015, 7:49 AM
    • Brown-Forman (NYSE:BF.A): FQ2 EPS of $0.97 misses by $0.03.
    • Revenue of $1.09B (-4.4% Y/Y) misses by $10M.
    | Dec. 2, 2015, 7:49 AM
  • Dec. 1, 2015, 5:30 PM
    | Dec. 1, 2015, 5:30 PM | 1 Comment
  • Oct. 7, 2015, 1:26 PM
    • Lower gas prices in the U.S. continue to give a boost to some pockets of the retail sector. The benefit might be most dramatic with the so-called "sin" stocks.
    • Tobacco stocks Reynolds American (RAI -0.5%) and Altria (MO +0.5%) have both outperformed the S&P 500 over the last year by a wide margin. Though there's a lot going on in the tobacco sector, stronger demand and solid pricing in the U.S. has been a factor. Cigarette sales in the U.S. are poised to show their first year-over-year annual gain since 2006. Shipments for the first half of the year actually rose, according to government data (Full report from the Alcohol and Tobacco Tax and Trade Bureau (.pdf)).
    • Casino traffic has also been higher since gas started its tumble to as low as $2 per gallon in parts of the country. U.S-focused casino stocks have smashed the returns of their larger Macau-tainted peers. Isle of Capri (NASDAQ:ISLE) is +148% over the last 52 weeks, while Churchill Downs (NASDAQ:CHDN) and Pinnacle Entertainment (NYSE:PNK) are both up over 40%. Most regional casino stocks are ahead of the broad market.
    • Lower gas prices could also be a factor in the alcohol sector. Constellation Brands (NYSE:STZ) and Brown-Forman (BF.A, BF.B) have both cited strong sales in the U.S. off of improved demand trends that fell roughly in line with the drop in gas.
    | Oct. 7, 2015, 1:26 PM | 40 Comments
  • Sep. 29, 2015, 6:02 PM
    • Brown-Forman (BF.A, BF.B) is exploring selling several liqueur brands, according to sources talking to Reuters. Southern Comfort and Chambord are likely assets in the mix.
    • The company is said to have hired Goldman Sachs to help it seek bids which could total in the hundreds of millions.
    • Brown-Forman has been steering toward a larger focus on whisky, including a push into Irish Whiskey.
    • Previously: Brown-Forman begins Irish whiskey push (Sept. 29)
    | Sep. 29, 2015, 6:02 PM
Company Description
Brown-Forman Corp. engages in the production and marketing of consumer beverage alcohol brands. It primarily manufactures, bottles, imports, exports, markets and sells a wide variety of alcoholic beverages under recognized brands. Brown-Forman products include Champagne, Liqueur, Tequila, Vodka,... More
Industry: Beverages - Wineries & Distillers
Country: United States