Brown-Forman Corporation — News

Brown-Forman said on Sunday its ​board had received an unsolicited ‌proposal from Sazerac, but concluded the offer was "not actionable."

reuters.com - 2026-07-26 18:56:45

Letter from BuzzBallz maker asks members of Brown family to reconsider previously rejected $15 billion takeover proposal.

wsj.com - 2026-07-26 17:39:00

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced that its Board of Directors has received an unsolicited proposal from Sazerac to acquire Brown-Forman, and, taking into consideration Wolf Pen Branch, LP's view as noted below, has concluded that Sazerac's proposal is not actionable. Wolf Pen Branch, LP, a collection of Brown family members representing the majority of Brown-Forman Class A shares, said, “As fourth-, fifth- and sixth-generation shareholde.

businesswire.com - 2026-07-26 17:03:00

Brown Forman NYSE: BF.A shareholders re-elected the company's board and approved executive compensation and the auditor appointment at the spirits maker's 2026 Annual Meeting of Stockholders, held at Churchill Downs in Louisville, Kentucky.

marketbeat.com - 2026-07-24 08:02:25

Brown-Forman Corporation (BF.B) Shareholder/Analyst Call Prepared Remarks Transcript

seekingalpha.com - 2026-07-24 04:04:43

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown‑Forman Corporation (NYSE: BFA, BFB) stockholders convened today for their annual meeting, where they elected the slate of directors recommended by the Board of Directors, as submitted in the company's 2026 Proxy Statement. The stockholders also approved the compensation of the company's named executive officers on a non-binding advisory basis and ratified the selection of Ernst & Young LLP as Brown-Forman's independent registered public accounting firm for fiscal 2027.

businesswire.com - 2026-07-23 16:17:00

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced Lawson Whiting has decided to retire from his role as President and Chief Executive Officer, effective upon the appointment of a successor. The Brown-Forman Board of Directors has initiated a search pursuant to its succession process that will consider internal and external candidates. The process will be led by the Corporate Governance and Nominating Committee, which is chaired by Tracy Skeans. Whiting.

businesswire.com - 2026-07-13 16:39:00

Lawson Whiting, who has led the spirits giant since 2019, will remain in the role until a successor is appointed.

wsj.com - 2026-07-13 16:05:00

While Saturday's games will take place in the U.S., the excitement is mostly elsewhere, after the U.S. was knocked out of the tournament. Investors looking for a World Cup bump might be feeling similarly let down.

barrons.com - 2026-07-11 10:23:00

BF.B is driving growth through premiumization, innovation and emerging-market expansion while strengthening its premium spirits portfolio.

zacks.com - 2026-06-26 14:40:40

Brown-Forman is relying on emerging-market growth, premium spirits and innovation to offset weak developed-market demand and a cautious fiscal 2027 outlook.

zacks.com - 2026-06-25 15:10:39

Futures are trading higher this morning, after all the big funds and portfolio managers may have shown their hands on Wednesday, as the tech and chip stocks sell-off resumed after stocks started higher in the morning but faded in the afternoon.

247wallst.com - 2026-06-25 08:08:03

Brown-Forman's Q4 EPS misses estimates, but sales beat on pricing and innovation led by Jack Daniel's Tennessee Blackberry amid a tough FY27 view.

zacks.com - 2026-06-05 12:05:20

Brown-Forman Corporation reported stable earnings in Q4. The performance is good when considering significant sector pressure in developed markets. Successful product launches, distribution changes, and better growth in emerging markets continue to drive Brown-Forman's relative strength. The FY2027 outlook isn't as good. Slowing alcohol consumption weighs on the sales outlook, and Brown-Forman will start to bottle more expensive inventory from early 2020s.

seekingalpha.com - 2026-06-05 08:16:00

Brown-Forman is upgraded to Buy as its current valuation offers a solid margin of safety for a resilient, high-quality business. BF's stable cash flow and improved margins underscore robust capital allocation and operational strength, despite flat sales and macro headwinds. Management expects FY27 net sales to remain flat and organic operating income to decline 3–5%, but CAPEX will also drop significantly, supporting ongoing cost-saving initiatives.

seekingalpha.com - 2026-06-04 20:53:15

Brown-Forman Corporation receives a Hold rating, reflecting structural headwinds and muted long-term growth prospects despite strong brands. The recent quarter showed 2% revenue growth and gross margin gains, but operating income fell 53% and EPS declined 62%. Emerging markets and premiumization trends support BF.B's brand strength, with double-digit organic growth in Mexico, Brazil, and Turkey.

seekingalpha.com - 2026-06-04 13:57:45

Brown Forman NYSE: BF.A said it finished fiscal 2026 ahead of its organic expectations, despite continued pressure from weaker discretionary spending in the U.S. and developed international markets, lower used barrel sales and the ongoing absence of American spirits from many Canadian shelves.

marketbeat.com - 2026-06-04 12:07:00

Brown-Forman posted higher revenue in the fiscal fourth quarter, but said pressures to the broader spirits market are expected to keep sales flat in the new fiscal year.

wsj.com - 2026-06-04 08:32:00

Whiskey maker Brown-Forman beat Wall Street estimates for ​fourth-quarter net sales on Thursday, helped ‌by steady demand for its premium brands, including Jack Daniel's, especially among affluent consumers.

reuters.com - 2026-06-04 08:12:37

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its fourth quarter and fiscal year ended April 30, 2026. Fourth quarter reported net sales increased 2%1 to $912 million (+2% on an organic basis2) compared to the same prior-year period. In the quarter, reported operating income decreased 53% to $96 million (flat on an organic basis) and diluted earnings per share decreased 62% to $0.12. For the full year, the company's reported net sales.

businesswire.com - 2026-06-04 08:00:00

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2310 per share on its Class A and Class B Common Stock. The dividend is payable on July 1, 2026, to stockholders of record on June 10, 2026. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 82 years and has increased the cash dividend for 42 consecuti.

businesswire.com - 2026-05-28 16:01:00

Jack ​Daniel's maker ‌Brown-Forman has rejected the ​roughly $15 ​billion takeover ⁠offer ​from rival ​Sazerac, the Wall ​Street ​Journal reported on ‌Tuesday, ⁠citing people familiar ​with ​the ⁠matter.

reuters.com - 2026-05-12 15:53:42

Advisers for Brown-Forman informed Sazerac on Monday that the company was rejecting the $32-a-share cash offer.

wsj.com - 2026-05-12 15:39:00