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 Corporation (NYSE: BFA, BFB) has declared a regular quarterly cash dividend of $0.2178 per share on its Class A and Class B Common Stock. The dividend is payable on April 1, 2024, to stockholders of record on March 8, 2024. Brown-Forman is a member of the S&P 500 Dividend Aristocrats index and has paid regular quarterly cash dividends for 80 years, increasing the cash dividend for 40 consecutive years. The company has a rich history of over 150 years and is known for its fine quality beverage alcohol brands, sold in more than 170 countries worldwide.
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Brown-Forman Corporation (NYSE: BFA, BFB) announces the retirement of Matt Hamel, EVP, general counsel, and secretary. Mike Carr, VP, associate general counsel for regional and corporate development, will succeed Hamel on May 1.
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Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its second quarter and first half of fiscal 2024. Second quarter net sales increased 1% to $1.1 billion compared to the same prior-year period. Operating income increased 8% to $339 million and diluted earnings per share increased 6% to $0.50. First half reported net sales increased 2% to $2.1 billion compared to the same prior-year period. Operating income increased 1% to $666 million and diluted earnings per share decreased 1% to $0.98.
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Brown-Forman (NYSE: BFA, BFB) announces that The Duckhorn Portfolio, Inc. will acquire Sonoma-Cutrer Vineyards and related brand trademarks, with Brown-Forman receiving an ownership percentage of approximately 21.5% in The Duckhorn Portfolio and $50 million USD. The transaction is expected to close in the fourth quarter of fiscal year 2024. The Duckhorn Portfolio's acquisition of Sonoma-Cutrer enhances its luxury wine portfolio, with Brown-Forman maintaining a presence in the wine category while focusing on building premium and super-premium spirits brands.
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Brown-Forman Corporation (NYSE: BFA, BFB) increases quarterly cash dividend by 6% to $0.2178 per share, marking the 40th consecutive year of dividend increases. The dividend is payable on January 2, 2024, to stockholders of record on December 1, 2023. President and CEO Lawson Whiting expresses confidence in the company's long-term growth outlook. Brown-Forman, a member of the S&P 500 Dividend Aristocrats index, has a history of 80 years of paying regular quarterly cash dividends and 40 years of consecutive increases. The company's portfolio includes well-known beverage alcohol brands such as Jack Daniel's, Woodford Reserve, Old Forester, and Herradura.
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Brown-Forman Corporation (NYSE: BFA, BFB) will release its second quarter and first half of fiscal year 2024 financial results on December 6, 2023. The results will be discussed in a conference call at 10:00 a.m. (EST). Brown-Forman is a leading producer of quality beverage alcohol brands, including Jack Daniel's, Woodford Reserve, and Old Forester. The company's brands are sold in over 170 countries worldwide.
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Coca-Cola HBC has completed the purchase of the Finlandia vodka brand from Brown-Forman Corporation for $220 million. The sale is part of Brown-Forman's strategy to premiumize its portfolio through brand innovation, acquisition, and divestiture.
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Brown-Forman Corporation approves $400 million share repurchase authorization, providing flexibility to repurchase shares when the market presents the right opportunity.
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Brown-Forman Corp. executives to participate in fireside chat at Barclays Global Consumer Staples Conference on September 6, 2023.
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Brown-Forman launches its own distribution business in Slovakia, aiming to drive growth of its brands in the market. American whiskey leads the premium whiskey category in Slovakia. No concrete numbers or percentages provided.
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