Brown-Forman is a global leader in the production and marketing of premium alcoholic beverages. The company offers a diverse portfolio of spirits and wines, including well-known brands such as Jack Daniel's whiskey, Finlandia vodka, and Woodford Reserve bourbon. With a commitment to craftsmanship and quality, Brown-Forman operates in numerous markets around the world, focusing on creating unique flavor profiles and innovative products that cater to various consumer preferences. Through its dedication to sustainability and responsible drinking, the company strives to create a positive impact in the communities where it operates while celebrating the art of distillation and winemaking. Read More
Brown-Forman reported a 3% decline in Q3 sales to $1.03 billion, missing estimates. However, the company exceeded EPS expectations at $0.57. Despite a contraction in operating margin, gross margin expanded by 40 basis points.
Young men are increasingly being economically marginalized. The percentage of men aged 25 to 34 who are not in the labor force is nearly double what it was in 2000.
Nowadays it seems like every ultra-famous celebrity has their own whisky line, leading to increased competition for Brown-Forman (BF-B) and its iconic Jack Daniel’s brand.
Brown-Forman shares dip as Q4 FY24 earnings reveal an 8% sales decline to $964M, missing estimates of $1.028B. Despite this, EPS of $0.56 beat expectations of $0.42. The company forecasts FY25 organic net sales and operating income growth of 2-4%.
Over the past twelve months, a number of big-name companies have been near or below their 52-week low price. Each week we’ll take a look at some of the biggest names currently close to their 52-week lows.
Over the past twelve months a number of big named companies have been near or below their 52 week low price. Each week we’ll take a look at some of the biggest names currently close to their 52 week lows.
BF/B stock results show that Brown Forman Inc Class B Common Stock beat analyst estimates for earnings per share but missed on revenue for the third quarter of 2024.
Brown-Forman reports Q3 FY24 sales at $1.07 billion, missing estimates. Despite a decline, EPS beats consensus at $0.6, with notable expansions in gross and operating margins. President and CEO Lawson Whiting underscores resilience amid industry challenges.
