|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's Range||49.08 - 50.45|
|52 Week Range||42.58 - 59.58|
|PE Ratio (TTM)||33.08|
|Forward Dividend & Yield||0.63 (1.27%)|
|1y Target Est||52.69|
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
MILLVILLE, Ky. (AP) — The whiskey quit flowing decades ago from a landmark Kentucky distillery housed in a picturesque castle. Nearly a half-century of neglect reduced the one-time tourist draw to a decaying relic.
Investing.com - The S&P 500 closed higher Monday as tech clawed back some losses from last week, but concerns over escalating trade tensions continued to weigh on sentiment.
Brown-Forman Corporation will present at the Barclay's Global Consumer Staples Conference on September 5, 2018 in Boston.
Abercrombie & Fitch, Signet Jewelers, Brown-Forman, Apple, SNAP and Facebook are the companies to watch.
The maker of Jack Daniel’s is feeling the sting of U.S. trade disputes and retaliatory tariffs on American whiskeys. Brown-Forman Corp., whose brands include Old Forester and Woodford Reserve bourbon, warned that profits for its current fiscal year would miss its prior forecasts because of the uncertainty and added costs created by recently enacted European tariffs. The European Union in June started imposing 25% tariffs on U.S. whiskey, Harley motorcycles and other goods in response to President Trump’s duties on steel and aluminum imports from the bloc.
U.S. indices had a strong day of trading Wednesday with the Nasdaq and S&P 500 closing the day at new record highs and the Dow Jones Industrial rising trading near a 7 month high. The Dow rose 0.23%, or 61 points to 26,125, while the S&P gained 0.57%, or 17 points to 2,914, and the Nasdaq closed the day up 0.99%, or 80 points to 8,110.
The company got a sales boost overseas because of worries about tariffs. But officials there don't expect that to last.
Brown-Forman Corp. reported higher first-quarter net income Wednesday, fueled partly by strong overseas sales aimed at softening the short-term impact from tariffs. Sales surged in its top European markets due to inventory stockpiling as the company and its customers braced for the effects of tariffs imposed in the European Union that targeted American whiskey and other U.S. products. A company spokesman said Brown-Forman has not yet increased prices in its biggest European markets, which are the United Kingdom, Germany and France.
Brown-Forman Corp.'s earnings would have been as smooth as Tennessee whiskey if not for President Donald Trump's trade war. The maker of Jack Daniel's and Woodford Reserve reported quarterly earnings Wednesday that bested analysts' estimates, but it also lowered its fiscal 2019 guidance. The culprit isn't weakening demand for the hard stuff — Brown-Forman held steady on its call for as much as 7 percent sales growth this year.
Brown-Forman Corp on Wednesday said tariffs would take a 6 cent bite out of its full-year profits and the Jack Daniel's maker does not expect raising prices to immediately offset the dent. Chief Financial Officer Jane Morreau said the alcoholic beverage maker was not going to raise prices right away to stay competitive but plans to do so later in the year. The European Union, China, Mexico and Canada have slapped import duty ranging from 10 percent to 25 percent on U.S whiskey and Bourbon, in retaliation to U.S. tariffs on steel and aluminum in June.
Brown-Forman (BF.B) tops earnings and sales estimates in first-quarter fiscal 2019. It continues to gain from broad-based growth across geographies and a balanced portfolio contribution.
The trade war is having a tangible impact on the maker of Jack Daniel’s. Brown-Forman Corp. lowered its profit forecast for the fiscal year, saying it assumes that the European Union’s tariffs, put in place in June, will remain throughout the period. While first-quarter earnings and sales topped analysts’ estimates, “the competitive landscape in the developed world remains intense, and recently enacted retaliatory tariffs on American whiskey have created additional uncertainty around the company’s near-term outlook,” Brown-Forman said in a statement.
Brown-Forman Corporation (BF.B) delivered earnings and revenue surprises of 5.13% and 1.26%, respectively, for the quarter ended July 2018. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / August 29, 2018 / Brown-Forman Corporation Class A (NYSE: BF.B ) will be discussing their earnings results in their Q1 Earnings Call to be held on August 29, 2018 at 10:00 AM ...
Brown-Forman Corporation reported financial results for its first quarter of fiscal 2019, ended July 31, 2018. For the first quarter, the company’s reported net sales1 increased 6% to $766 million compared to the same prior-year period.
Stocks rose on Tuesday but were little-changed as investors took a breather following Monday's trade excitement. On Wednesday, another look at economic growth in the second quarter will be one of the day's main events.