reports
Brown-Forman Reports Year-to-Date Fiscal 2025 Results; Reaffirms Full ...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its third quarter and nine months ended January 31, 2025. Third quarter reported net sales decreased 3%1 to $1.0 billion (+6% on an organic basis2) compared to the same prior-year period. Third quarter reported operating income decreased 25% to $280 million (+23% on an organic basis) and diluted earnings per share decreased 5% to $0.57. For the nine months of the fiscal year, reported net sales decreased 4% to $3.1 billion (+2% on an organic basis) compared to the same prior-year period...
Brown-Forman to Participate in UBS Global Consumer and Retail Conferen...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting and Executive Vice President and Chief Financial Officer Leanne Cunningham will participate in a “fireside chat” during the UBS Global Consumer and Retail Conference in New York on Wednesday, March 12, 2025. The event will begin at approximately 8:00 a.m. (EDT) and will be available as a live webcast on the Brown-Forman website at brown-forman.com on the Investors/Events & Presentations page. A replay will be available on the Brown-Forman websit...
Brown-Forman and Reyes Beverage Group Announce New California Distribu...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE:BFA,BFB) and Reyes Beverage Group (RBG) are pleased to announce a new distribution partnership in California, effective May 1, 2025. This strategic decision underscores the companies' commitment to growth and innovation in the largest spirits market in the U.S. This press release features multimedia. View the full release here: “We are incredibly excited to expand our distribution partnership with Reyes Beverage Group in California,” said Michael Masick, executive vice president and president, Americas, Brown-Forman. “As we st...
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 $0.2265 per share on its Class A and Class B Common Stock. The dividend is payable on April 1, 2025, to stockholders of record on March 7, 2025. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 81 years and has increased the cash dividend for 41 consecutive years. Brown-Forman Corporation has been building exceptional spirits brands for more than 150 yea...
Brown-Forman Third Quarter Earnings Release and Conference Call Schedu...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and year-to-date fiscal 2025 financial results on March 5, 2025, by 8:00 a.m. (EST), followed by a conference call to discuss the results at 10:00 a.m. (EST). A live audio broadcast of the conference call will be available via Brown-Forman’s website, , through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will be available on the website approximately two hours after the conclusion of the conference call. The replay will be available for...
Brown-Forman Announces Series of Strategic Initiatives for Growth
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE:BFA,BFB) announced today a series of strategic initiatives to position the company for continued growth in the dynamic global spirits market. These initiatives include restructuring the executive leadership team, implementing a workforce reduction affecting approximately 12% of the company’s global workforce, and closing the Louisville-based Brown-Forman Cooperage. This press release features multimedia. View the full release here: Chris Graven, Chief Strategy Officer (Photo: Business Wire) “In 2025, Brown-Forman celebrates 155...
Brown-Forman Reports First Half Fiscal 2025 Results; Reaffirms Full Ye...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its second quarter and first half of fiscal 2025, ended October 31, 2024. Second quarter reported net sales decreased 1%1 to $1.1 billion (+3% on an organic basis2) compared to the same prior-year period. In the quarter, reported operating income increased 1% to $341 million (+5% on an organic basis) and diluted earnings per share increased 9% to $0.55. For the first six months of the fiscal year, the company’s reported net sales decreased 5% to $2.0 billion (flat on an organic basis) ...
Brown-Forman Announces Change in Board of Directors Chair
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE:BFA, BFB) announced today that Campbell P. Brown will step down as Chair of the Brown-Forman Board of Directors in July. Subject to his reelection at the annual meeting, he will continue to serve on the Board as a Director. Marshall B. Farrer, a fifth-generation descendent of the company's founder and a current Director of the Board, will assume the role of Chair of the Board, subject to his reelection to the Board. This press release features multimedia. View the full release here: Brown-Forman Board of Directors Members: Mars...
Brown-Forman Increases Cash Dividend for 41st Consecutive Year
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 4% to the quarterly cash dividend from $0.2178 per share to $0.2265 per share on its Class A and Class B Common Stock. As a result, the indicated annual cash dividend will rise from $0.8712 per share to $0.9060 per share. The dividend is payable on January 2, 2025, to stockholders of record on December 6, 2024. Brown-Forman’s President and Chief Executive Officer Lawson Whiting said, “Brown-Forman believes deeply in building an enduring business, an...
Brown-Forman Second Quarter Earnings Release and Conference Call Sched...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) will release its second quarter and first half of fiscal year 2025 financial results on December 5, 2024, by 8:00 a.m. (EST), followed by a conference call to discuss the results at 10:00 a.m. (EST). A live audio broadcast of the conference call will be available via Brown-Forman’s website, , through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will be available on the website approximately two hours after the conclusion of the conference call. The replay will be avai...
Brown-Forman to Participate in TD Cowen Conference
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting will participate in TD Cowen's 2nd Annual Sip, Snack & Scrub Summit on September 17, 2024. Brown-Forman’s virtual “fireside chat” will begin at approximately 11:00 a.m. (EDT) and will be available as a webcast on the Brown-Forman website at brown-forman.com on the Investors/Events & Presentations page. A replay will be available on the Brown-Forman website for at least 30 days following the event. Brown-Forman Corporation has been building exce...
Brown-Forman Reports First Quarter Fiscal 2025 Results; Reaffirms Full...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its first quarter of fiscal 2025, ended July 31, 2024, with net sales decreasing 8%1 to $1.0 billion (-4% on an organic basis2) compared to the same prior year period. Operating income decreased 14% to $281 million (-13% on an organic basis) and diluted earnings per share decreased 14% to $0.41. Lawson Whiting, Brown-Forman’s President and Chief Executive Officer shared, “Our first quarter results were in line with our expectations and, as such, we are pleased to reaffirm our full-year...
Brown-Forman to Participate in Barclays Global Consumer Staples Confer...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting and Executive Vice President and Chief Financial Officer Leanne Cunningham will participate in a “fireside chat” during the Barclays Global Consumer Staples Conference in Boston on Wednesday, September 4, 2024. The event will begin at approximately 12:45 p.m. (ET) and will be available as a webcast on the Brown-Forman website at brown-forman.com on the Investors/Events & Presentations page. A replay will be available on the Brown-Forman website ...
Brown-Forman First Quarter Earnings Release and Conference Call Schedu...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) will release its first quarter fiscal year 2025 financial results on August 29, 2024, by 8:00 a.m. (EDT), followed by a conference call to discuss the results at 10:00 a.m. (EDT). A live audio broadcast of the conference call will be available via Brown-Forman’s website, , through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will be available on the website approximately two hours after the conclusion of the conference call. The replay will be available for at least ...
Brown-Forman Stockholders Elect Directors and Board Approves Cash Divi...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) stockholders met today at the annual meeting of stockholders and elected the slate of directors recommended by the Board of Directors, as submitted in the company’s 2024 Proxy Statement. The stockholders also ratified the selection of Ernst & Young LLP as Brown-Forman's independent registered public accounting firm for fiscal year 2025. This press release features multimedia. View the full release here: W. Austin Musselman, Jr. (Photo: Business Wire) W. Austin Musselman Jr., a fifth-generation descendant of Brown-For...
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Remy Cointreau SA - Company Profile and SWOT Analysis
Summary Remy Cointreau SA - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Remy Cointreau SA (Remy) is a producer and distributor of wines and spirits. It offers cognac, liqueur, gin, whisky, rum, brandy, wine and champagne. The company markets products under several brands,...
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’s executive leadership team (ELT), effective August 1. Kirsten Hawley, who currently holds this position, announced her intent to retire in May, effective August 9. This press release features multimedia. View the full release here: Kirsten Hawley (Photo: Business Wire) "I am delighted to welcome Diane to the role of chief people, places, and communications officer and to our executive leadershi...
Brown-Forman Corporation Mourns Passing of W.L. Lyons Brown Jr., Forme...
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-generation Brown family member, was the great-grandson of the Company’s founder, George Garvin Brown. This press release features multimedia. View the full release here: W.L. Lyons "Lee" Brown Jr. (Photo: Business Wire) “We are deeply saddened by the passing of our esteemed former leader Lee Brown. His visionary leadership and commitment to our international expansion and long-term growth helped ...
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 and Class B Common Stock. The dividend is payable on July 1, 2024, to stockholders of record on June 7, 2024. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 80 years and has increased the cash dividend for 40 consecutive years. For more than 150 years, Brown-Forman Corporation has enriched the experience of life by re...
Brown-Forman Fourth Quarter Earnings Release and Conference Call Sched...
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 conference call to discuss the results at 10:00 a.m. (EDT). A live audio broadcast of the conference call will be available via Brown-Forman’s website, , through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will be available on the website approximately two hours after the conclusion of the conference call. The replay will be available for at leas...
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