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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 Q1 EPS $0.41
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Brown-Forman Corp ::Q1 EARNINGS PER SHARE $0.41.Q1 REVENUE $766 MILLION VERSUS I/B/E/S VIEW $758.7 MILLION.Q1 EARNINGS PER SHARE VIEW $0.39 -- THOMSON REUTERS I/B/E/S.BROWN-FORMAN - SEES 2019 UNDERLYING NET SALES GROWTH OF 6 PCT TO 7 PCT.SEES FY 2019 EARNINGS PER SHARE $1.65 TO $1.75.FY2019 EARNINGS PER SHARE VIEW $1.79, REVENUE VIEW $3.40 BILLION -- THOMSON REUTERS I/B/E/S.BROWN-FORMAN - ESTIMATES INCREASE IN INVENTORY LEVELS, LARGELY RELATED TO TARIFFS, CONTRIBUTED ABOUT 2-3 POINTS OF UNDERLYING NET SALES GROWTH IN QUARTER.BROWN-FORMAN - IN QUARTER, JACK DANIEL'S TENNESSEE WHISKEY EXPERIENCED 8 PCT UNDERLYING NET SALES GROWTH GLOBALLY.BROWN-FORMAN - "RECENTLY ENACTED RETALIATORY TARIFFS ON AMERICAN WHISKEY HAVE CREATED ADDITIONAL UNCERTAINTY AROUND COMPANY'S NEAR-TERM OUTLOOK".  Full Article

Brown-Forman Board Approves Share Repurchase Authorization Of $200 Mln
Friday, 13 Jul 2018 

July 13 (Reuters) - Brown-Forman Corp ::BROWN-FORMAN BOARD APPROVES SHARE REPURCHASE AUTHORIZATION OF $200 MILLION.BROWN-FORMAN CORP - BOARD OF DIRECTORS HAS APPROVED A $200 MILLION SHARE REPURCHASE AUTHORIZATION, COMMENCING JULY 13, 2018 THROUGH JULY 12, 2019.  Full Article

Brown-Forman Announces Leadership Succession Plan
Tuesday, 29 May 2018 

May 29 (Reuters) - Brown-Forman Corp ::BROWN-FORMAN ANNOUNCES LEADERSHIP SUCCESSION PLAN.BROWN-FORMAN CORP - PAUL VARGA TO RETIRE; LAWSON WHITING NAMED INCOMING CEO AS OF JANUARY 1, 2019.BROWN-FORMAN CORP - CHIEF EXECUTIVE OFFICER PAUL C. VARGA HAS DECIDED TO RETIRE.  Full Article

Brown-Forman Declares Special Dividend Of $1 On Class A And Class B Common Stock
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Brown-Forman Corp ::BROWN-FORMAN ANNOUNCES A SERIES OF BENEFICIAL STAKEHOLDER ACTIONS.BROWN-FORMAN CORP - CO ALSO DECLARED A SPECIAL DIVIDEND OF $1.00 ON ITS CLASS A AND CLASS B COMMON STOCK.BROWN-FORMAN - BOARD OF DIRECTORS HAS APPROVED A NUMBER OF CAPITAL DEPLOYMENT ACTIONS LIKE STOCK SPLIT.BROWN-FORMAN SAYS STOCK SPLIT TO BE EFFECTED IN FORM OF A DIVIDEND ON BOTH CLASS A AND CLASS B COMMON STOCK, PAYABLE IN SHARES OF CLASS B COMMON STOCK.BROWN-FORMAN CORP - ‍DECIDED TO FULLY FUND ITS CURRENT PENSION LIABILITY OF $120 MILLION​.  Full Article

Brown-Forman reports Q2 earnings per share $0.62
Wednesday, 6 Dec 2017 

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 

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 

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

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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.