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Brown-Forman Corporation reports developments across its global spirits business, including financial results, distributor relationships, ready-to-drink and flavored malt beverage arrangements, and brand portfolio activity. Its recurring updates cover brands such as Jack Daniel’s Family of Brands, Woodford Reserve, Old Forester, New Mix, el Jimador, Herradura, The Glendronach, Glenglassaugh, Benriach, Diplomático Rum, Gin Mare, Fords Gin, Chambord, and Slane.
Company news also includes executive appointments, conference participation, operational efficiency initiatives, and changes in U.S. distribution for state-managed distilled spirits markets. These releases connect Brown-Forman’s beverage alcohol portfolio with sales channels, consumer product categories, and corporate governance matters.
Brown-Forman (NYSE: BFA, BFB) has announced the release of its first quarter fiscal year 2025 financial results on August 29, 2024, at 8:00 a.m. (EDT). This will be followed by a conference call at 10:00 a.m. (EDT) to discuss the results. Investors and interested parties can access a live audio broadcast of the call via the company's website, brown-forman.com, under the 'Investors/Events & Presentations' section. A digital audio recording will be available on the website approximately two hours after the call concludes and will remain accessible for at least 30 days. Participants can also register in advance to join the conference call.
Brown-Forman (NYSE: BFA, BFB) held its annual stockholders meeting, where shareholders elected the recommended slate of directors and ratified Ernst & Young LLP as the company's independent auditor for fiscal year 2025. W. Austin Musselman Jr., a fifth-generation descendant of the founder, was elected to the Board of Directors. He joins three other fifth-generation family members on the board.
The Board of Directors approved a regular quarterly cash dividend of $0.2178 per share on Class A and B Common Stock, payable on October 1, 2024, to stockholders of record on September 3, 2024. Brown-Forman, a member of the S&P 500 Dividend Aristocrats index, has paid regular quarterly dividends for 80 consecutive years and increased them for 40 consecutive years.
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