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Brown-Forman Corp (BFb.N)

BFb.N on New York Stock Exchange

53.39USD
15 Jun 2018
Change (% chg)

$0.45 (+0.85%)
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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

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

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Brown-Forman upped Jack Daniel's shipments as trade war loomed

Jack Daniel's maker Brown-Forman Corp warned on Wednesday of trouble ahead from tariffs being slapped on U.S. bourbon and said it had been working in recent months to mitigate the potential impact by shipping more liquor overseas. | Video