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NYSE:BF.B

Brown-Forman 8/29/2024 Earnings Report

Brown-Forman logo
$27.32 -0.14 (-0.52%)
Closing price 03:59 PM Eastern
Extended Trading
$27.27 -0.05 (-0.17%)
As of 04:06 PM Eastern
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Brown-Forman EPS Results

Actual EPS
$0.41
Consensus EPS
$0.46
Beat/Miss
Missed by -$0.05
One Year Ago EPS
$0.48

Brown-Forman Revenue Results

Actual Revenue
$951.00 million
Expected Revenue
$990.82 million
Beat/Miss
Missed by -$39.82 million
YoY Revenue Growth
-8.40%

Brown-Forman Announcement Details

Quarter
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Brown-Forman Earnings Headlines

Why Brown-Forman (BF.B) Shares Are Sliding Today
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About Brown-Forman

Brown-Forman (NYSE:BF.B) is a global leader in the production and marketing of beverage alcohol products. Headquartered in Louisville, Kentucky, the company has been publicly traded since its listing on the New York Stock Exchange under the ticker symbol BF.B. With a focus on premium and super-premium spirits, Brown-Forman operates through a diversified portfolio that spans multiple categories and geographic regions.

The company’s flagship brand, Jack Daniel’s Tennessee Whiskey, is one of the world’s best-known whiskey labels, while its American whiskey lineup also includes Woodford Reserve and Old Forester. Brown-Forman’s international portfolio extends beyond whiskey to include Finlandia Vodka, Herradura Tequila and Chambord Liqueur, as well as a selection of wines and other specialty spirits. The breadth of these offerings enables the company to serve a wide range of consumer tastes and price points.

Founded in 1870 by George Garvin Brown, Brown-Forman has maintained a strong family heritage for over 150 years. The Brown family continues to hold a significant ownership interest through a dual‐class share structure, providing continuity in corporate governance and strategic direction. Over its history, the company has expanded its manufacturing and distribution footprint to more than 170 countries and territories, with production sites in the United States, Scotland, Ireland, Sweden and Mexico.

Leadership at Brown-Forman reflects its blend of tradition and innovation. The company is led by Chief Executive Officer Lawson B. Whiting IV, who oversees global strategy and operations, and is guided by a board chaired by Campbell P. Brown, a descendant of the founding family. Together, this leadership team emphasizes long-term brand building, responsible drinking initiatives and sustainable business practices.

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