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Brown-Forman Corp (BFb.N)

BFb.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Brown-Forman Reports Q4 Earnings Per Share Of $0.23
Wednesday, 6 Jun 2018 07:30am EDT 

June 6 (Reuters) - Brown-Forman Corp ::BROWN-FORMAN REPORTS STRONG FISCAL 2018 RESULTS; EXPECTS MOMENTUM TO CONTINUE IN FISCAL 2019.Q4 EARNINGS PER SHARE $0.23.Q4 SALES $733 MILLION VERSUS I/B/E/S VIEW $755.4 MILLION.Q4 EARNINGS PER SHARE VIEW $0.22 -- THOMSON REUTERS I/B/E/S.SEES 2019 UNDERLYING OPERATING INCOME GROWTH OF 7% TO 9%.SEES 2019 DILUTED EARNINGS PER SHARE OF $1.75 TO $1.85.SEES 2019 UNDERLYING NET SALES GROWTH OF 6% TO 7%.BROWN-FORMAN SAYS "COMPETITIVE LANDSCAPE IN DEVELOPED WORLD REMAINS INTENSE, NOT TO MENTION CONCERNS OVER POTENTIAL RETALIATORY TARIFFS ON AMERICAN SPIRITS".BROWN-FORMAN - Q4 OPERATING INCOME, EPS NEGATIVELY IMPACTED BY CREATION OF $70 MILLION CHARITABLE FOUNDATION, PHASING OF OPERATING EXPENSES.BROWN-FORMAN SAYS FACTORS INCLUDING POTENTIAL RETALIATORY TARIFFS ON AMERICAN SPIRITS MAKE IT DIFFICULT TO ACCURATELY PREDICT FUTURE RESULTS.FY2019 EARNINGS PER SHARE VIEW $1.82, REVENUE VIEW $3.46 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Brown-Forman Announces $600 Mln Debt Offering
Thursday, 22 Mar 2018 04:41pm EDT 

March 22 (Reuters) - Brown-Forman Corp ::BROWN-FORMAN ANNOUNCES $600 MILLION DEBT OFFERING.BROWN-FORMAN CORP - ANNOUNCED PRICING OF A $300 MILLION 7-YEAR SENIOR UNSECURED NOTE AND A $300 MILLION 20-YEAR SENIOR UNSECURED NOTE.  Full Article

Brown-Forman reports Q2 earnings per share $0.62
Wednesday, 6 Dec 2017 07:45am EST 

Dec 6 (Reuters) - Brown-Forman Corp ::BROWN-FORMAN REPORTS STRONG FIRST HALF RESULTS; RAISES FULL YEAR OUTLOOK.Q2 EARNINGS PER SHARE $0.62.Q2 SALES $914 MILLION VERSUS I/B/E/S VIEW $871.5 MILLION.SEES FY 2018 EARNINGS PER SHARE $1.90 TO $1.98.Q2 EARNINGS PER SHARE VIEW $0.53 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.91 -- THOMSON REUTERS I/B/E/S.- INCREASED OUTLOOK FOR UNDERLYING NET SALES GROWTH TO 6% TO 7% FY 2018.  Full Article

BROWN-FORMAN INCREASES CASH DIVIDEND BY 8.2 PERCENT
Thursday, 16 Nov 2017 02:04pm EST 

Nov 16 (Reuters) - Brown-Forman Corp ::BROWN-FORMAN INCREASES CASH DIVIDEND 8.2%.BROWN-FORMAN CORP - ‍INCREASED QUARTERLY CASH DIVIDEND ON ITS CLASS A AND CLASS B COMMON STOCK BY 8.2% TO 19 3/4 CENTS PER SHARE​.  Full Article

Brown-Forman says ‍on Nov 10, co, units entered into amended & restated 5-year credit agreement ​
Monday, 13 Nov 2017 03:52pm EST 

Nov 13 (Reuters) - Brown-Forman Corp ::Brown-Forman says ‍on Nov 10, co, units entered into amended & restated 5-year credit agreement dated as of such date with certain lenders - SEC filing​.Brown-Forman Corp - ‍credit agreement amends and restates in its entirety company's existing five-year credit agreement dated as of November 18, 2011​.Brown-Forman Corp - credit agreement provides an $800 million, five-year unsecured revolving credit commitment‍​.  Full Article

Brown-Forman reports Q1 earnings per share $0.46
Wednesday, 30 Aug 2017 07:45am EDT 

Aug 30 (Reuters) - Brown-Forman Corp :Brown-Forman reports strong first quarter results; increases fiscal 2018 EPS outlook.Reaffirms FY 2018 earnings per share view $1.85 to $1.95.Q1 earnings per share $0.46.Sees FY 2018 sales up 4 to 5 percent.Q1 sales $723 million versus I/B/E/S view $689.6 million.Q1 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $1.85, revenue view $3.14 billion -- Thomson Reuters I/B/E/S.Brown-Forman Corp - Company reaffirmed full year expectations for 6-8% underlying operating income growth.  Full Article

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

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Jack Daniel's maker Brown-Forman lowers profit forecast as tariffs bite

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.