Welcome to our dedicated page for BF news (Ticker: $BF), a resource for investors and traders seeking the latest updates and insights on BF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BF's position in the market.
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Brown-Forman (NYSE: BFA, BFB) launches its own distribution business in Japan, aiming to enhance brand growth in the premium whiskey market. The new Brown-Forman Japan office in Tokyo signifies a strategic move to capture the immense potential of the Japanese market, focusing on their Jack Daniel’s family of brands, Woodford Reserve, and super premium portfolio.
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Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its third quarter and nine months ended January 31, 2024. Despite a 1% decrease in net sales in the third quarter, the company saw a significant increase in operating income and diluted earnings per share. For the first nine months of the fiscal year, reported net sales increased by 1%. The company highlighted growth in emerging markets and the travel retail channel, as well as the performance of recently acquired brands. Brown-Forman also completed a share repurchase program and declared a regular quarterly cash dividend. The company provided an outlook for fiscal 2024, expecting flat organic net sales and moderate growth in operating income.
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Brown-Forman Corporation (NYSE: BFA, BFB) to host an investor conference focusing on strategic priorities and long-term ambitions. The conference will feature live webcasts and Q&A sessions with executive leaders. Brown-Forman, with a rich history of over 150 years, offers a diverse portfolio of fine quality beverage alcohol brands sold globally.
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Brown-Forman (NYSE: BFA, BFB) has been recognized as one of the 2024 World’s Most Ethical Companies by Ethisphere for the third consecutive year. The company's commitment to ethical business practices and core values of integrity, respect, trust, teamwork, and excellence has been acknowledged. This recognition highlights Brown-Forman's dedication to ethics, compliance, and governance practices, setting a standard for corporate citizenship.
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Brown-Forman Corporation commits $22.5 million to support the Brown-Forman Foundation and Dendrifund. The donation from the recent sale of Finlandia vodka will strengthen community impact and sustainability efforts. The Brown-Forman Foundation receives $20 million to promote responsible living and cultural experiences in Louisville, while Dendrifund gets $2.5 million to advance sustainability in the whiskey industry.
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Brown-Forman Corporation (BF) plans to distribute its own brands in Italy starting May 1, 2025, aiming to boost growth in the Italian market. Italy is a key market for the company's Jack Daniel’s Family of Brands, especially Gin Mare and Diplomático Rum. Brown-Forman is the leading company in the premium+ spirits industry in Italy, with Jack Daniel’s as the top whiskey and Gin Mare as the second in the super premium+ gin category. The move to establish its own distribution organization in Italy is expected to enhance consumer focus and brand prioritization, supported by a skilled team.
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Brown-Forman Corporation sells cooperage in Trinity, Alabama to Independent Stave Company, ensuring a steady supply of high-quality barrels for Jack Daniel's Tennessee Whiskey. The cooperage will be renamed Alabama Cooperage and continue crafting American White Oak barrels to maintain the whiskey's consistent quality worldwide.
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Brown-Forman Corporation announces new global marketing leadership for its American Whiskey brands. Mark Bacon named Managing Director, Jack Daniel’s Brands, and Mia Simpson Culp named Managing Director, Woodford Reserve and Old Forester, effective March 1. Both will be responsible for global marketing and innovation for their brand portfolios. Bacon and Culp's extensive experience and track record position them to further develop these iconic brands worldwide.
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Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and year-to-date fiscal 2024 financial results on March 6, 2024, followed by a conference call to discuss the results. The company has a diverse portfolio of beverage alcohol brands, including Jack Daniel's Tennessee Whiskey, Woodford Reserve, and Old Forester, sold in over 170 countries. The financial results will be available on the company's website, and a digital audio recording of the conference call will be accessible afterward.
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Brown-Forman Corporation (NYSE:BFA,BFB) has announced a change in its European leadership and Executive Leadership Team (ELT), with Yiannis Pafilis named as the new President, Europe. Pafilis will lead the long-term strategy for the region and drive growth in the company’s European markets. Marshall Farrer, the current President, Europe, will retain his responsibilities as Chief Strategic Growth Officer and continue to serve on the ELT and Brown-Forman Board of Directors.
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