66.94 0.00 (0.00%)
After hours: 4:16PM EST
|Bid||66.75 x 1000|
|Ask||66.98 x 900|
|Day's Range||66.73 - 67.33|
|52 Week Range||45.72 - 67.33|
|Beta (5Y Monthly)||0.64|
|PE Ratio (TTM)||37.82|
|Forward Dividend & Yield||0.70 (1.05%)|
|Ex-Dividend Date||Dec 02, 2019|
|1y Target Est||N/A|
By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Brown-Forman Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service, ("Moody's") today affirmed the A1 senior unsecured and Prime-1 short term ratings for Brown-Forman Corporation (Brown-Forman). Brown-Forman's A1/Prime-1 ratings are supported by strong profitability, good geographic diversification, excellent liquidity and ownership of the Jack Daniel's brand, the world's largest American whiskey, as well as other fast growing spirit brands and Sonoma-Cutrer wines.
Bourbon is king here in Louisville, and according to well-known whiskey critic Fred Minnick, Brown-Forman Corp.’s King of Kentucky Straight Bourbon hails over all the rest as American Whiskey of the Year. In a blind tasting of more than 35 spirits on YouTube Live, Minnick said he knew King of Kentucky was the winner, or at the very least a finalist, upon his first sip. “In my career, I have done a lot of blind tastings and there’s never been a Kentucky bourbon that dominated my palate so heavily,” said Minnick, editor-in-chief of Bourbon+ Magazine and longtime judge for the San Francisco World Spirits Competition, in a news release.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Brown-Forman Corp. has filed plans with Louisville Metro Government to expand its distillery on a 53.38 acre property at 2921 Dixie Highway — though many steps lie ahead before the project gets off the ground. The Louisville-based spirits distiller already owns the Shively lot where the expansion is planned. The property is part of the Brown-Forman Distillery complex.
Brown-Forman Corp. expects a new Jack Daniel's Tennessee Apple Whiskey to drive revenue growth in fiscal year 2020, reflecting a positive trend for the company. Although tariffs have impacted Brown-Forman for the past six quarters, the company reported a 9% increase in net sales. Net sales were $989 million for the second quarter.
STOCKSTOWATCHTODAY BLOG Reversal. The three major U.S. stock mark indexes slipped into negative territory after beginning the day in the green amid continued optimism about trade. Near midday, the Dow Jones Industrial Average was down 33 points, or 0.
Shares of Jack Daniel's parent Brown-Forman Corp. fell 1% in premarket trading Thursday, alcoholic beverage company beat fiscal second-quarter profit and sales expectations, but trimmed its operating income growth outlook. The company, which brands also include Finlandia, el Jimador, Woodford Reserve and Chambord, said net income for the quarter to Oct. 31 rose to $282 million, or 59 cents a share, from $249 million, or 52 cents a share, in the year-ago period. The FactSet consensus for earnings per share was 52 cents. Sales increased 9% to $989 million, above the FactSet consensus of $974 million. For the fiscal year to date, sales of Jack Daniel's family of brands grew 2%, while premium bourbon sales rose 22% and tequila sales increased 11%. For fiscal 2020, the company lowered its guidance range for income growth to 2% to 4% from 3% to 5%, citing "uncertainty in the current economic and geopolitical environment in certain emerging markets" and higher input costs. The company affirmed its guidance ranges for EPS of $1.75 to $1.85 and for sales growth outlook of 5% to 7%. The stock has rallied 11.4% over the past three months through Wednesday, while the Dow Jones Industrial Average has gained 3.5%.
Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) reported financial results for its second quarter and first half of fiscal 2020. For the second quarter, the company’s reported net sales1 were up 9% to $989 million (+6% on an underlying basis2) compared to the same prior-year period. In the quarter, reported operating income increased 6% to $352 million (-3% on an underlying basis) and diluted earnings per share rose 14% to $0.59.
Jack Daniel’s distributor Brown-Forman is unlikely to beat earnings estimates when it reports fiscal second-quarter earnings on Thursday, after launching a promotional program for its flagship whiskey earlier this year, MKM said Tuesday.
The new hire previously consulted with Fortune 500 companies and worked in lobbying in the beverage industry.
2020 might end up being the year that Brown-Forman's Chief Entertainment Officer Tim Laird really plays more golf. Since the Chicagoan joined Midland Trail Golf Club after moving here in 1999 looking to make the most of longer playing seasons, he’s golfed 27 times. Laird has just been too busy writing three books, appearing on local television programming and traveling 80% of his year to get back to the golf course.
Pharmaceutical company Merck plans to boost its quarterly dividend 11% while Brown-Forman, the maker of Jack Daniel’s whiskey, declared a 5% quarterly dividend boost.
Brown-Forman Corporation announced today that its Board of Directors increased its quarterly cash dividend on its Class A and Class B Common Stock by 5.0% to $0.1743 per share from the prior quarter’s $0.1660 per share.
Energy BBDO emerged the victor in a creative shootout that was particularly surprising for whom it involved.
Brown-Forman Corporation announced today that Energy BBDO will be the new global creative agency of record for the majority of its global brand portfolio, including Jack Daniel’s, Woodford Reserve, Tequila Herradura, el Jimador, and Old Forester. “I believe we are at a pivotal moment in time as we seek to deliver the next generation of growth for our brands,” said Mark McCallum, Chief Brands Officer, Brown-Forman.
If you want to know who really controls Brown-Forman Corporation (NYSE:BF.B), then you'll have to look at the makeup...
Brown-Forman Corporation will release its financial results for the second quarter fiscal 2020 on December 5, 2019 by 8:00 a.m. , followed by a conference call to discuss the results at 10:00 a.m.
Today we'll look at Brown-Forman Corporation (NYSE:BF.B) and reflect on its potential as an investment. Specifically...