Loading market dashboard
Brown-Forman Corporation
BF-BConsumer DefensiveNYSEUS
Loading disclosure news
News and disclosures filtered by period, publisher, and event group.
Select a headline to open the full news page in the app.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Advisers for Brown-Forman informed Sazerac on Monday that the company was rejecting the $32-a-share cash offer.
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.
Brown-Forman, the maker of Jack Daniels, and Pernod Ricard fail to reach mutually agreeable merger terms.
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.
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
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.
The French spirits company and the Jack Daniel's maker announced in March that they were discussing a potential combination
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.
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.
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.
The Buffalo Trace-maker offered $32 per share for its Louisville rival.
Alcohol stocks face rising costs and tariff risks, but premium drinks and innovation are key to sustaining growth in a shifting alcohol market. Players like BUD, DEO, STZ, BF.B and TAP look well poised.
Privately held bourbon maker Sazerac has emerged as an interloper in Pernod-Ricard's attempt to merge with Jack Daniel's owner Brown-Forman, according to a source familiar with the matter, even though analysts still think Pernod's portfolio and global reach make the French spirits maker a better fit.
Shares of Brown-Forman had their best day in years on Thursday, after the U.S.-based spirits seller Sazerac reportedly expressed interest in doing a deal of some kind with the maker of Jack Daniel's.
Shares of Brown-Forman surged on Thursday after reports that privately held Sazerac had approached the company about a potential deal, adding a new twist to ongoing consolidation efforts in the global spirits industry. The stock rose as much as 14.93% on Thursday following a report by The Wall Street Journal, reflecting investor optimism over a possible takeover or merger scenario.
Sazerac has approached Jack Daniel's maker Brown-Forman about a potential deal, says a report.
Privately held U.S.-based alcoholic beverage maker Sazerac is exploring a deal with Jack Daniel's maker Brown-Forman , the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Interest comes as Pernod Ricard has been discussing a mostly stock deal with Brown-Forman.
Brown-Forman B (BF.B) reported earnings 30 days ago. What's next for the stock?
Brown-Forman and Pernod Ricard are in acquisition talks, potentially creating a global spirits powerhouse to rival Diageo. Both BF.B and PRNDY have seen significant share price declines and now trade at comparable valuation multiples. Synergies from a potential deal would be substantial, and the two businesses complement each other both geographically and from a brand perspective.
Pre-Market Stock Futures: Futures are trading lower as we prepare to end another up-and-down week, and, as we mentioned before, it all depends on the status of the war with Iran and the price of oil on any given day. Those two items have dictated the direction of stocks, bonds, precious metals, and crypto since... Here Are Friday's Top Wall Street Analyst Research Calls: Brown-Forman, Chord Energy, Emerson Electric, FuboTV, Genmab, Honeywell, Knight-Swift, Wix.Com, and More.
Shares in the French distiller initially fell on reports of talks with ts Kentucky-based peer, but investors changed their minds after the companies confirmed the talks.
A prospective tie-up between France's Pernod Ricard and Jack Daniel's maker Brown-Forman would test whether the powerful families behind the two drinks groups can unite to scale up in a slowing global spirits market.
PARIS--(BUSINESS WIRE)--Regulatory News: Pernod Ricard (Paris: RI) Press release – Paris, 26th March 2026 Following recent speculation in the press, Pernod Ricard confirms that it is in discussions regarding a potential business combination with Brown-Forman. If agreed and subject to customary approvals, this partnership would be akin to a merger of equals, drawing from the talent and expertise of both companies, and creating value for shareholders of both companies. The contemplated combinatio.
The two companies are discussing a deal that is mostly stock and could be weeks away.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today issued the following statement: “We note the recent market rumors regarding a potential business combination involving Brown-Forman and Pernod Ricard. Brown-Forman regularly explores and evaluates strategic opportunities, and can confirm it is engaged in discussions with Pernod Ricard. If agreed and subject to customary approvals, this partnership would be akin to a merger of equals, drawing from the talent and ex.
Shares of Brown-Forman surged, after Bloomberg reported that Pernod Ricard was looking into a potential acquisition of the Jack Daniel's whiskey parent.
Pernod Ricard is exploring a potential acquisition of Brown-Forman Corp., the owner of Jack Daniel's whiskey. Michelle Davis has more on "Bloomberg Markets.
French spirits maker Pernod Ricard is weighing a potential deal for Jack Daniel's owner Brown-Forman , Bloomberg News reported on Thursday.
BF.B is gaining momentum as premium and super-premium brands, innovation and emerging-market growth lift pricing power and support margins.
Jack Daniel's maker Brown-Forman on Monday named long-time Whirlpool executive Jim Peters as its new finance chief, effective March 31.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced the election of Jim Peters as its new Executive Vice President and Chief Financial Officer (CFO), effective March 31, 2026. As CFO, Peters will join the senior executive team and report to President and CEO Lawson Whiting. Peters joins Brown-Forman following a distinguished career at Whirlpool Corporation, where he most recently led enterprise transformation initiatives as Executive Vice President. He su.
Brown-Forman Corporation (BF.B) Presents at UBS Global Consumer and Retail Conference Transcript
Analyst sentiment across three consumer-facing names tells a story of selective optimism buried under macro pressure.
LOS ANGELES, March 09, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Brown-Forman , (“ Brown-Forman " or the "Company") ( NYSE : BFB ) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
LOS ANGELES, March 09, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Brown-Forman Corporation , (“ Brown-Forman " or the "Company") ( NYSE : BFB ) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.