BFA News and Press, Brown Forman Inc Class A From 11/16/23

Brown-Forman (NYSE: BFA, BFB) announced today that The Duckhorn Portfolio, Inc. (“The Duckhorn Portfolio,” NYSE: NAPA), a premier wine group, will acquire Sonoma-Cutrer Vineyards and related brand trademarks. In exchange, Brown-Forman will receive an ownership percentage of approxim...

Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 6% to the quarterly cash dividend from $0.2055 per share to $0.2178 per share on its Class A and Class B Common Stock. As a result, the indicated annual cash dividend will rise from $0.82...

Brown-Forman Corporation (NYSE: BFA, BFB) will release its second quarter and first half of fiscal year 2024 financial results on December 6, 2023, by 8:00 a.m. (EST), followed by a conference call to discuss the results at 10:00 a.m. (EST). A live audio broadcast of the conference call will ...

Coca-Cola HBC Purchases Finnish Vodka Brand Brown-Forman Corporation (NYSE:BFA,BFB) announced today that it has completed the sale of the Finlandia vodka brand to Coca-Cola HBC AG on November 1, 2023. In June 2023, Brown-Forman disclosed it had reached an agreement to sell the brand f...

Brown-Forman Corporation (NYSE: BFA, BFB) announced that its Board of Directors has approved a $400 million share repurchase authorization, commencing October 2, 2023, through October 1, 2024, subject to market and other conditions. Under the repurchase program, the company can repurchase Class A...

Brown-Forman Corporation (NYSE:BFA,BFB), one of the largest American-owned spirits and wine companies, is launching its own distribution business in Slovakia today, bringing the distribution in-house for the first time since the company entered the market. “With a dedicated sales team ...

Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its first quarter of fiscal 2024 ended July 31, 2023, with reported net sales increasing 3% 1 to $1.0 billion (+2% on an organic basis 2 ). In the quarter, reported operating income decreased 4% to $327 million (-6% ...

Brown-Forman Corporation (NYSE: BFA, BFB) will release its first quarter of fiscal year 2024 financial results on August 30, 2023, by 8:00 a.m. (EDT), followed by a conference call to discuss the results at 10:00 a.m. (EDT). A live audio broadcast of the conference call will be available via ...

Coca-Cola HBC Purchases Finnish Vodka Brand Brown-Forman Corporation (NYSE:BFA, BFB) announces today that it has reached an agreement to sell its Finlandia vodka brand to Coca-Cola HBC AG for $220 million, subject to the customary closing process. The purchase is expected to close in ...

Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its fourth quarter and fiscal year ended April 30, 2023. For the fourth quarter, reported net sales increased 5% 1 to $1.0 billion (+4% on an organic basis 2 ). In the quarter, reported operating income increased 21%...