Brown-Forman Corporation

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

The deal between Brown-Forman and Pernod Ricard is off the table, but that is not the end of it. Another bidder has recently stepped in, and the chances of some form of a deal remain. The issue around a target price as Brown-Forman trades at record-low levels is likely to be the cause of Pernod Ricard walking away.

seekingalpha.com - 2026-04-30 17:40:16

Brown-Forman, the maker of Jack Daniels, and Pernod Ricard fail to reach mutually agreeable merger terms.

barrons.com - 2026-04-29 09:59:00

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced the strategic realignment of its U.S. control states distribution network. Following a comprehensive review of its distributor agreements across 18 state-managed markets—where government agencies oversee the wholesale or retail distribution of distilled spirits—the company has selected four distributor organizations to represent its portfolio in 11 markets. The remaining seven control states will continu.

businesswire.com - 2026-04-29 08:00:00

Pre-Market Stock Futures: Futures are trading modestly higher as we hit the midweek mark, and some buyers' exhaustion likely played a role, as all the major indices finished lower on Tuesday. This comes after both the Nasdaq and the S&P 500 hit all-time highs once again earlier this week. The combination of mixed earnings, some... Here Are Wednesday's Top Wall Street Analyst Research Calls: Alibaba, Boston Scientific, Brown-Forman, Charter Communications, Franklin Resources, Spotify, T-Mobile, and More

247wallst.com - 2026-04-29 07:57:31

Shares of Brown-Forman fell nearly 6% in premarket trading on Wednesday after the Jack Daniel's whiskey maker and France's ​Pernod Ricard scrapped their merger talks, turning investor focus back ‌to a tougher demand environment.

reuters.com - 2026-04-29 07:29:41

The French spirits company and the Jack Daniel's maker announced in March that they were discussing a potential combination

wsj.com - 2026-04-28 16:54:00

PARIS--(BUSINESS WIRE)--Regulatory News: Pernod Ricard (Paris: RI) Press release – Paris, 28th April 2026 On 26 March 2026, Pernod Ricard and Brown-Forman confirmed that they were in discussions regarding a potential business combination. Pernod Ricard today announces that these discussions have ended and did not result in an agreement as the companies were unable to reach mutually acceptable terms. Pernod Ricard remains fully focused and confident in its strategy and operating model, supported.

businesswire.com - 2026-04-28 16:53:00

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced that the company and Pernod Ricard have terminated discussions regarding a potential business combination, as the companies were unable to reach mutually agreeable terms. Brown-Forman and Pernod Ricard previously confirmed discussions on March 26 and noted there could be no assurance that any such agreement would be reached. Brown-Forman issued the following statement: “We intend to create long-term valu.

businesswire.com - 2026-04-28 16:42:00

The family that ​controls Brown-Forman ‌favors a potential ​sale ​to French distiller Pernod ⁠Ricard ​over a ​rival proposal from American spirits ​group ​Sazerac, a person ‌familiar ⁠with the matter told Reuters ​on ​Monday.

reuters.com - 2026-04-20 10:33:46