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Brown-Forman Corporation (NYSE:BFA,BFB) announced today that it has completed the purchase of the Gin Mare brands from Vantguard and MG Destilerías. The company announced its agreement to purchase in September 2022. Purchase price was not disclosed. “We are excited to welcome Gin Mare and Gin Mare Capri to Brown-Forman’s super-premium portfolio,” said Lawson Whiting, President and CEO, Brown-Forman. “As a unique gin with a distinctive taste profile, Gin Mare is an exciting addition to...

Brown-Forman Corporation (NYSE:BFA, BFB) announced today it has reached an agreement to purchase the Diplomático Rum brand and related assets from Destillers United Group S.L. (Spain). Upon completion of the transaction, Brown-Forman will add the Diplomático Rum family of brands to its portfolio and acquire a production facility located in Panama. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221006005524/en/ Diplomático Rum...

Brown-Forman Corporation (NYSE:BFA,BFB) announced today it has reached an agreement to purchase the Gin Mare brands from Vantguard and MG Destilerías. Upon completion of the transaction, Brown-Forman will add Gin Mare and Gin Mare Capri to its growing portfolio. Gin Mare, the world’s No. 1 ultra-premium gin, is a Spanish gin with a Mediterranean-inspired recipe of botanicals, including Arbequina olives, thyme, rosemary, and basil. Gin Mare Capri, introduced last year, is made with Italian...

Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting and Senior Vice President and Chief Financial Officer Leanne Cunningham will participate in the Barclays Global Consumer Staples Conference in Boston on Wednesday, September 7, 2022. The “fireside chat” will begin at approximately 12:45 p.m. (ET) on Wednesday, September 7, and will be made available as a webcast on the Brown-Forman Corporation website at brown-forman.com on the...

Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its first quarter of fiscal 2023 with reported net sales 1 increasing 11% to $1.0 billion (+17% on an organic basis 2 ) compared to the same prior-year period. In the quarter, reported operating income increased 19% to $343 million (+32% on an organic basis) and diluted earnings per share increased 30% to $0.52. Lawson Whiting, Brown-Forman’s President and Chief Executive Officer stated, “Building on our exceptional...

Brown-Forman Corporation (NYSE: BFA, BFB) will release its first quarter of fiscal year 2023 financial results on August 31, 2022 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 Brown-Forman’s website, brown-forman.com , through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will be available on the website approximately two hours...

Brown‑Forman Corporation (NYSE:BFA, BFB) stockholders met today at the regularly scheduled annual meeting of stockholders and elected the slate of directors recommended by the Board of Directors as submitted in the company’s 2022 Proxy Statement. They also approved the company’s 2022 Omnibus Compensation Plan and ratified the selection of the independent registered public accounting firm for fiscal year 2023. Campbell P. Brown, Chair of the Board of Directors, thanked the company’s...

Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) and The Coca-Cola Company (NYSE: KO) today announced a global relationship to debut the iconic Jack & Coke cocktail as a branded, ready-to-drink (RTD) pre-mixed cocktail option. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220613005461/en/ Jack Daniel’s & Coca-Cola RTD, inspired by the classic bar cocktail, will be made with Jack Daniel’s Tennessee Whiskey and Coca-Cola....

Brown-Forman Corporation (NYSE: BFA, BFB) will present at Deutsche Bank’s annual dbAccess Global Consumer Conference on June 16, 2022 in Paris. Leanne Cunningham, Brown-Forman’s Senior Vice President and Chief Financial Officer, will begin speaking at approximately 8:30 a.m. (CEST) on Thursday, June 16, 2022. The “fireside chat” will be made available as a webcast via the Brown-Forman Corporation website - www.brown-forman.com - by selecting Investors/Events & Presentations. It is...

Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its fourth quarter and fiscal year ended April 30, 2022. For the fourth quarter, the company’s reported net sales 1 of $996 million increased 23% (+27% on an organic basis 2 ). In the quarter, reported operating income increased 46% to $246 million (+62% on an organic basis) and diluted earnings per share increased 26% to $0.31. For the full year, the company’s reported net sales increased 14% to $3,933 million (+17% on...

Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.1885 per share on its Class A and Class B Common Stock. Stockholders of record on June 8, 2022, will receive the cash dividend on July 1, 2022. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 78 years and has increased the cash dividend 38 consecutive years. For over 150 years,...

Brown-Forman Corporation (NYSE: BFA, BFB) will release its fourth quarter and fiscal year 2022 financial results on June 8, 2022, 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 Brown-Forman’s website, www.brown-forman.com , through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will be available on the website approximately two hours...

Brown-Forman issued this statement regarding the tariff agreement announced today. “Brown-Forman commends the Biden Administration for today’s tariff agreement with the United Kingdom. As a result of the agreement, American whiskey will again enjoy tariff-free trade between the U.S. and the U.K. as of June 1, 2022. Today’s announcement follows the removal of the EU’s tariff on American whiskey on January 1, 2022. “We would like to thank Commerce Secretary Gina Raimondo, Ambassador...

Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) announces the appointment of Dan Muraski to the role of Chief Information Officer and Sailaja Kotra-Turner to the role of Chief Information Security Officer, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220316005759/en/ Dan Muraski, Chief Information Officer (Photo: Business Wire) “Dan and Sailaja have deep experience in advanced analytics, applications, and...

Brown-Forman (NYSE:BFB) (NYSE:BFA) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies. This is Brown-Forman’s first year being recognized. In 2022, 135 honorees were recognized spanning 22 countries and 45 industries. “We are delighted to be named one of the 2022 World’s Most Ethical Companies, a sign of Brown-Forman’s longstanding commitment to ethical business...

Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its third quarter and nine months ended January 31, 2022. For the third quarter, the company’s reported net sales 1 of $1,037 million increased 14% (+22% on an organic* basis 2 ) compared to the same prior-year period. In the quarter, reported operating income increased 24% to $347 million (+43% on an organic basis) and diluted earnings per share increased 19% to $0.54. For the first nine months of the fiscal year, the...

Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) announced today changes to its executive leadership team designed to continue the company’s successful brand-building and growth strategies through disciplined succession planning and promoting the next generation of leaders. “We have a deep bench of experienced and talented leaders and look forward to bringing new voices to our executive leadership team,” said Lawson Whiting, President and CEO, Brown-Forman. “Brown-Forman is well positioned...

Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and fiscal 2022 year-to-date financial results on March 3, 2022, 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 be available via Brown-Forman’s website, www.brown-forman.com , through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will be available on the website approximately...

Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.1885 per share on its Class A and Class B Common Stock. Stockholders of record on March 8, 2022, will receive the cash dividend on April 1, 2022. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 78 years and has increased the cash dividend 38 consecutive years. For over 150 years,...

Brown-Forman Corporation (NYSE: BFA, BFB) announced that Jan Singer has been elected to the company’s Board of Directors, effective immediately. The election of Singer increases the number of directors on Brown-Forman’s Board to 12. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220125006108/en/ Brown-Forman has elected Jan Singer, pictured, to the company’s Board of Directors. (Photo: Business Wire) Singer was most recently the...