Company Overview and News

Newcomers bring decaying Kentucky distillery back to life

MILLVILLE, Ky. (AP) — The whiskey quit flowing decades ago from a landmark Kentucky distillery housed in a picturesque castle. Nearly a half-century of neglect reduced the one-time tourist draw to a decaying relic.

Despite Drop, Brown-Forman Still Looks Expensive

2018-09-16 seekingalpha
Brown-Forman (BF.B) is a company we’ve always admired both from an investment perspective and as a consumer. We’ve owned the stock off and on over the years, but recently sold out. I know it seems like just yesterday (actually August of 2017) that we wrote an article saying the stock could be a good buy at that point. We sold out gradually from January 2018 through April of 2018 as the stock appreciated almost 40%.

Monday’s Biggest Winners and Losers in the S&P 500

2018-09-10 247wallst
September 10, 2018: The S&P 500 closed up 0.2% at 2,877.28. The DJIA closed down 0.2% at 25,857.07. Separately, the Nasdaq was up 0.3% at 7,924.15.

Dwindling business confidence a global issue

Factories from Asia to Europe are staring into the unknown when it comes to trade, and it's unnerving them.

6 Most Important Things In Business Today

2018-08-30 247wallst
U.S. corporate profits boomed in the second quarter, boosted by large tax cuts and stronger economic growth than initially reported.

Brown-Forman Corp (BF.B) CEO Paul Varga on Q1 2019 Results - Earnings Call Transcript

2018-08-29 seekingalpha
Good morning. My name is Dorothy and I will be your conference operator today. At this time, I would like to welcome everyone to the Brown-Forman First Quarter Fiscal 2019 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]. Thank you.

Jack Daniel’s maker suffering from trade war, with shares down 4.7 per cent this year

2018-08-29 thestar
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Brown-Forman Corporation 2019 Q1 - Results - Earnings Call Slides

2018-08-29 seekingalpha
The following slide deck was published by Brown-Forman Corporation in conjunction with their 2019 Q1 earnings call.

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

2018-08-29 reuters
(Reuters) - Brown-Forman Corp (BFb.N) (BFa.N) 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.

Brown-Forman (BF.B) Tops Q1 Earnings & Sales, Trims View

2018-08-29 zacks
Brown-Forman Corporation (BF.B - Free Report) delivered first-quarter fiscal 2019 results, wherein both earnings and sales topped estimates. This marked the company’s fifth straight quarter of earnings and sales beat. Earnings per share of 41 cents increased 12% and surpassed the Zacks Consensus Estimate of 39 cents. Net sales improved about 6% year over year to $766 million and beat the Zacks Consensus Estimate of $756.

Jack Daniel’s maker cuts profit forecast on trade war impact

2018-08-29 malaymail
BOSTON, Aug 29 — The trade war is having a tangible impact on the maker of Jack Daniel’s.

Brown-Forman Corporation (BF.B) Beats Q1 Earnings and Revenue Estimates

2018-08-29 zacks
Brown-Forman Corporation (BF.B - Free Report) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.

Brown-Forman posts higher profit in 1st quarter

LOUISVILLE, Ky. (AP) — Brown-Forman Corp. on Wednesday reported fiscal first-quarter net income of $200 million.

Brown-Forman beats earnings and sales expectations, but cuts outlook citing competition and tariffs

2018-08-29 marketwatch
Brown-Forman Corp. BF.B, -0.59% reported Wednesday fiscal first-quarter earnings and sales that rose above expectations, but cut its full-year profit outlook citing "intense" competition and recently enacted retaliatory tariffs. The liquor seller's stock was still inactive in premarket trade. Net income for the quarter to July 31 increased to $200 million, or 41 cents a share, from $178 million, or 37 cents a share, in the same period a year ago.

Can Brown-Forman Corporation (BF.B) Keep the Earnings Surprise Streak Alive?

2018-08-27 zacks
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Brown-Forman Corporation (BF.B - Free Report) . This company, which is in the Zacks Beverages - Alcohol industry, shows potential for another earnings beat.

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