Edition:
United States

Brown-Forman Corp (BFa.N)

BFa.N on New York Stock Exchange

50.51USD
26 Jul 2017
Change (% chg)

-- (--)
Prev Close
$50.51
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
7,768
52-wk High
$60.28
52-wk Low
$45.21

Latest Key Developments (Source: Significant Developments)

Brown-Forman posts Q3 earnings per share of $0.47
Tuesday, 7 Mar 2017 07:45am EST 

Brown-forman Corp : Brown-Forman reports third quarter results; tightens full year earnings per share outlook . Q3 earnings per share $0.47 . Q3 sales $808 million versus I/B/E/S view $803.5 million . Sees FY 2017 earnings per share $1.71 to $1.76 including items . Q3 earnings per share view $0.48 -- Thomson Reuters I/B/E/S . Sees 2017 underlying net sales growth of 3 pct to 4 pct . Sees 2017 underlying operating income growth of 5 pct to 7 pct . FY2017 earnings per share view $1.77, revenue view $3.04 billion -- Thomson Reuters I/B/E/S .Now anticipate full year underlying results at lower end of original forecast.  Full Article

Brown-Forman increases cash dividend by 7.4 pct
Thursday, 17 Nov 2016 03:01pm EST 

Brown-forman Corp : Brown-Forman increases cash dividend 7.4 pct .Sets FY cash dividend of $0.73 per share.  Full Article

Brown-Forman stockholders approve increase in Class A shares to implement stock split
Thursday, 28 Jul 2016 12:35pm EDT 

Brown-forman Corp : Forman stockholders approve increase in Class A shares to implement stock split .To increase number of authorized shares of company's Class A common stock from 85 million to 170 million..  Full Article

Brown-Forman priced offering of EUR 300 mln aggregate principal amount of 1.200% notes due 2026
Wednesday, 6 Jul 2016 05:09pm EDT 

Brown : Forman - on june 30, also priced offering of £300 million aggregate principal amount of 2.600% notes due 2028 .Forman - on june 30, priced offering of eur 300 million aggregate principal amount of 1.200% notes due 2026.  Full Article

Brown-Forman CEO's FY 2016 total compensation was $9.6 mln vs $11.02 mln in 2015 - SEC Filing
Tuesday, 28 Jun 2016 04:30pm EDT 

Brown-forman Corp :Forman Corp CEO Paul Varga's FY 2016 total compensation $9.6 million versus $11.02 million in FY 2015 - SEC Filing.  Full Article

Brown-Forman Q4 earnings per share $2.60
Wednesday, 8 Jun 2016 07:45am EDT 

Brown-forman Corp : Sees fiscal year 2017 underlying net sales growth of 4% to 6% . FY 2017 earnings per share view $3.58, revenue view $3.92 billion -- Thomson Reuters I/B/E/S . FY earnings per share outlook includes expected foreign exchange headwinds of $0.07 given current spot rates, as well as lower distributor inventory levels . Reports fiscal 2016 results; expects continued underlying growth in fiscal 2017 . Q4 earnings per share $2.60 . Q4 earnings per share view $0.72 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $3.42 to $3.62 including items .Q4 sales $933 million versus i/b/e/s view $899 million.  Full Article

Brown-Forman announces stock split, div of $0.34 per share
Thursday, 26 May 2016 04:39pm EDT 

Brown-Forman Corp : Board announces 2-for-1 stock split and declares cash dividend . Approved a regular quarterly cash dividend of 34 cents per share on its Class A and Class B common stock. . If approved, record date for stock split is anticipated to be on or about august 8, 2016 . Class A stockholders will be asked to approve increase in number of authorized shares of class a common stock from 85 million -170 million .Number of authorized shares of Class B common stock does not need to be increased in order to effectuate stock split.  Full Article

Brown-Forman Corp enters into a 364-day credit agreement
Friday, 6 May 2016 04:05pm EDT 

Brown-Forman Corp : Brown-Forman Corp says on May 6, 2016, co entered into a 364-day credit agreement . Brown-Forman Corp - new credit agreement is in addition to Brown-Forman's existing $800 million five-year credit agreement dated November 18, 2011 .Brown-Forman Corp - credit agreement provides a $400 million 364-day revolving credit commitment - sec filing.  Full Article

Brown-Forman Corp gives FY 2016 outlook
Wednesday, 2 Mar 2016 07:45am EST 

Brown-Forman Corp:Expects about 5 pct. growth in underlying net sales in FY 2016.Expects 7 pct. to 9 pct. growth in underlying operating income in FY 2016.Expects FY 2016 diluted earnings per share of $3.32 to $3.42 in fiscal 2016, excluding the approximate $483 million gain on sale from Southern Comfort.  Full Article

Brown-Forman says new share repurchase authorization
Thursday, 28 Jan 2016 04:01pm EST 

Brown-Forman Corp:Approves a new $1 billion share repurchase authorization, commencing April 1, 2016 through March 31, 2017.  Full Article

Jack Daniel's owner Brown-Forman says it is not for sale

Brown-Forman Corp , the maker of Jack Daniel's whiskey, said on Wednesday it was not for sale, following a media report that Corona beer maker Constellation Brands had offered to buy the company.