Fords

Brown-Forman Second Quarter Earnings Release and Conference Call Scheduled for December 6, 2023

Retrieved on: 
Lunedì, Novembre 6, 2023

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."

Key Points: 
  • 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 after the conclusion of the conference call.
  • The replay will be available for at least 30 days following the conference call.
  • Interested parties are also invited to join the conference call by registering for the call in advance here .

Brown-Forman Completes Sale of Finlandia Vodka

Retrieved on: 
Mercoledì, Novembre 1, 2023

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.

Key Points: 
  • 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 for $220 million subject to adjustments related to inventory and other working capital items.
  • The sale of Finlandia vodka is another step in Brown-Forman’s long-term strategic ambition to premiumize its portfolio through brand innovation, acquisition, and divestiture.
  • Brown-Forman’s brands are supported by approximately 5,600 employees globally and sold in more than 170 countries worldwide.

The Aeromotive Group Partners With Roadster Shop to Create Automotive Aftermarket Powerhouse

Retrieved on: 
Giovedì, Ottobre 19, 2023

The Aeromotive Group and Roadster Shop announced today that the organizations have merged to create a new automotive aftermarket powerhouse.

Key Points: 
  • The Aeromotive Group and Roadster Shop announced today that the organizations have merged to create a new automotive aftermarket powerhouse.
  • View the full release here: https://www.businesswire.com/news/home/20231018341999/en/
    Roadster Shop co-founders, Jeremy and Phil Gerber (Photo: Business Wire)
    “As a lifelong enthusiast, I’m thrilled to announce this partnership between The Aeromotive Group and Roadster Shop,” said Laurent Potdevin, CEO of The Aeromotive Group.
  • “Our partnership with The Aeromotive Group gives us the opportunity to fuel accelerated growth and supercharge our expansion,” said Jeremy Gerber, co-owner of Roadster Shop.
  • “I look forward to writing the next chapter in Roadster Shop history with our partners at The Aeromotive Group,” said Phil Gerber, co-owner of Roadster Shop.

Brown-Forman Board Approves Share Repurchase Authorization of $400 Million

Retrieved on: 
Lunedì, Ottobre 2, 2023

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.

Key Points: 
  • 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.
  • This share repurchase program does not obligate the company to repurchase a minimum number of shares of Class A or Class B common stock, and this share repurchase program may be modified, suspended, or terminated by the company at any time without prior notice.
  • We always strive to deliver leading shareholder returns and believe this buyback authorization provides us the necessary flexibility to repurchase our shares when the market presents the right opportunity."
  • Important Information on Forward-Looking Statements:
    This press release contains statements, estimates, and projections that are “forward-looking statements” as defined under U.S. federal securities laws, including statements regarding the company’s planned share repurchase program.

Brown-Forman to Participate in Barclays Global Consumer Staples Conference

Retrieved on: 
Giovedì, Agosto 31, 2023

Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting and Executive Vice President and Chief Financial Officer Leanne Cunningham will participate in a “fireside chat” during the Barclays Global Consumer Staples Conference in Boston on Wednesday, September 6, 2023.

Key Points: 
  • Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting and Executive Vice President and Chief Financial Officer Leanne Cunningham will participate in a “fireside chat” during the Barclays Global Consumer Staples Conference in Boston on Wednesday, September 6, 2023.
  • The event will begin at approximately 12:45 p.m. (ET) and will be available as a webcast on the Brown-Forman website at brown-forman.com on the Investors/Events & Presentations page.
  • A replay will be available on the Brown-Forman website for at least 30 days following the event.
  • Brown-Forman’s brands are supported by approximately 5,600 employees globally and sold in more than 170 countries worldwide.

Brown-Forman Announces Launch of Distribution Business in Slovakia

Retrieved on: 
Giovedì, Agosto 31, 2023

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.

Key Points: 
  • 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 in place, Brown-Forman will further the growth of our brands across all channels in Slovakia,” said Maria Navas Peire, General Manager, Brown-Forman Czechia and Slovakia.
  • “Slovakia is an important market as we drive the global growth of the Jack Daniel’s Family of Brands and other brands in our portfolio, in particular, our recently acquired Diplomático rum.
  • Slovakia has a substantial premium whiskey market with American whiskey leading the category by value.

Brown-Forman First Quarter Earnings Release and Conference Call Scheduled for August 30, 2023

Retrieved on: 
Mercoledì, Agosto 2, 2023

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."

Key Points: 
  • 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 after the conclusion of the conference call.
  • The replay will be available for at least 30 days following the conference call.
  • Interested parties are also invited to join the conference call by registering for the call in advance here .

Brown-Forman Stockholders Elect Directors and Board Approves Cash Dividend

Retrieved on: 
Giovedì, Luglio 27, 2023

Brown-Forman Corporation (NYSE: BFA, BFB) stockholders met today at the annual meeting of stockholders and elected the slate of directors recommended by the Board of Directors, as submitted in the company’s 2023 Proxy Statement.

Key Points: 
  • Brown-Forman Corporation (NYSE: BFA, BFB) stockholders met today at the annual meeting of stockholders and elected the slate of directors recommended by the Board of Directors, as submitted in the company’s 2023 Proxy Statement.
  • View the full release here: https://www.businesswire.com/news/home/20230727314664/en/
    Elizabeth M. Brown (Eliza), a fifth-generation descendant of Brown-Forman founder George Garvin Brown, was elected to the company’s Board of Directors, effective immediately.
  • John D. Cook, who served on the Brown-Forman Board of Directors for 15 years, also did not stand for re-election.
  • Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 79 consecutive years and has increased the regular cash dividend for 39 consecutive years.

Harrison Ford is back as an 80-year-old Indiana Jones – and a 40-something Indy. The highs (and lows) of returning to iconic roles

Retrieved on: 
Venerdì, Giugno 30, 2023

Saddle up, don the fedora and crack that whip: Harrison Ford is back as the intrepid archaeologist in Indiana Jones and the Dial of Destiny.

Key Points: 
  • Saddle up, don the fedora and crack that whip: Harrison Ford is back as the intrepid archaeologist in Indiana Jones and the Dial of Destiny.
  • The film premiered at Cannes, where Ford was awarded an Honorary Palme d’Or in recognition of his life’s work.

Role returns


    Ford first played Indy in 1981 and last played him in 2008. That is a full 15 years since the most recent film in the series, and 42 years since his first outing in Raiders of the Lost Ark. Ford has form in returning to celebrated characters. One of the great pleasures of watching The Force Awakens back in 2015 was seeing Ford play Han Solo again for the first time in over 30 years. Actors return to roles for numerous reasons:
    • And still, I’m intrigued to see what Michael Mann could do with his long-rumoured sequel to Heat, his definitive 1995 crime film.
    • Read more:
      Heat 2, the book sequel to Michael Mann's film, is 'fundamentally bizarre' – but superb

Undoing time

    • Actors used to just play characters of their own age when reprising earlier roles.
    • Here, it is as if we are getting two Fords for the price of one: the “younger”, fitter Indy and the older, more world-weary version.
    • Some viewers complain that the whole process is distracting and that the hyper-real visual look of de-aged scenes resembles a video game.
    • Given its reduced cost, speed and reduced human input, AI-driven innovation might have industry-changing ramifications.

The star of Ford

    • Harrison Ford remains a bona fide “movie star” in an industry profoundly buffeted by COVID, the rise of streaming platforms, the demise of the monoculture, and the changing nature of who constitutes a star.
    • In the midst of all this industry uncertainty, it seems there is no longer a statute of limitations on actors returning to much-loved characters.

Brown‑Forman Declares Cash Dividend

Retrieved on: 
Martedì, Gennaio 24, 2023

Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2055 per share on its Class A and Class B Common Stock.

Key Points: 
  • Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2055 per share on its Class A and Class B Common Stock.
  • The dividend is payable on April 3, 2023, to stockholders of record on March 8, 2023.
  • Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 79 years and has increased the cash dividend for 39 consecutive years.
  • Brown‑Forman’s brands are supported by approximately 5,200 employees globally and sold in more than 170 countries worldwide.