Old Forester

Brown-Forman Named One of the 2024 World's Most Ethical Companies

Retrieved on: 
Monday, March 4, 2024

Brown-Forman (NYSE: BFA, BFB) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World’s Most Ethical Companies.

Key Points: 
  • Brown-Forman (NYSE: BFA, BFB) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World’s Most Ethical Companies.
  • “We are proud to be recognized as a World's Most Ethical Companies Honoree for the third year in a row,” said Lawson Whiting, President and CEO, Brown-Forman Corporation.
  • “Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow.
  • To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at worldsmostethicalcompanies.com/honorees .

Brown-Forman Announces Investor Day Webcast

Retrieved on: 
Monday, March 4, 2024

Brown-Forman Corporation (NYSE: BFA, BFB) today announced that it will host an investor conference in Louisville, Kentucky, on Wednesday, March 20, 2024, with presentations starting at 8:30 a.m. (EDT).

Key Points: 
  • Brown-Forman Corporation (NYSE: BFA, BFB) today announced that it will host an investor conference in Louisville, Kentucky, on Wednesday, March 20, 2024, with presentations starting at 8:30 a.m. (EDT).
  • A live webcast of the presentations along with a question and answer session with the company’s executive leaders will focus on Brown-Forman’s strategic priorities and long-term ambitions.
  • The webcast will be available via www.brown-forman.com , through a link to ‘Investors – Events & Presentations.’ Copies of the slides presented during the conference will also be available via the website.
  • Interested parties may register here to view the live webcast.

Brown-Forman Announces Launch of Distribution Business in Italy

Retrieved on: 
Friday, March 1, 2024

Brown-Forman Corporation (NYSE:BFA,BFB), one of the largest American-owned spirits companies, announces today its plan to distribute its own brands in Italy, effective May 1, 2025.

Key Points: 
  • Brown-Forman Corporation (NYSE:BFA,BFB), one of the largest American-owned spirits companies, announces today its plan to distribute its own brands in Italy, effective May 1, 2025.
  • “We believe setting up our own distribution organization will enable the growth of our brands across all channels in Italy,” said Agnieszka Przybylek, General Manager, Brown-Forman Italy.
  • We believe that the creation of our own distribution business in this market will offer increased consumer focus and prioritization of our brands, empowered by a talented team,” said Yiannis Pafilis, EVP, President of Europe, Brown-Forman.
  • According to IWSR, Italy is among the top five spirits markets in the European Union (excluding the UK) and the leading market for Gin Mare globally.

Brown-Forman Commits Funds to Foundation and Dendrifund

Retrieved on: 
Friday, March 1, 2024

Brown-Forman Corporation (NYSE:BFA, BFB) today announced a commitment of $22.5 million to support the efforts of the Brown-Forman Foundation and Dendrifund.

Key Points: 
  • Brown-Forman Corporation (NYSE:BFA, BFB) today announced a commitment of $22.5 million to support the efforts of the Brown-Forman Foundation and Dendrifund.
  • Additionally, the Dendrifund, a nonprofit sustainability seed fund jointly created by Brown-Forman and the Brown family, will receive a $2.5 million donation.
  • Dendrifund serves as a catalyst for collaborative efforts aimed at advancing sustainability within the whiskey industry.
  • Likewise, the ongoing support of Dendrifund underscores the importance the company places on sustainability and innovation within the spirits industry.

Brown-Forman Announces American Whiskey Global Marketing Leads

Retrieved on: 
Thursday, February 8, 2024

Brown-Forman Corporation (NYSE:BFA,BFB) announced today new global marketing leadership for its American Whiskey brands.

Key Points: 
  • Brown-Forman Corporation (NYSE:BFA,BFB) announced today new global marketing leadership for its American Whiskey brands.
  • Bacon and Culp will be responsible for all aspects of global marketing and innovation for their respective brand portfolios.
  • “Brown-Forman’s American Whiskey brands are at the core of who we are as a company.
  • Sophia Angelis will move into a new role as Global Director, Marketing Excellence, where she will focus on evolving the company’s marketing capabilities, strategy, and talent.

Brown-Forman Third Quarter Earnings Release and Conference Call Scheduled for March 6, 2024

Retrieved on: 
Tuesday, February 6, 2024

Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and year-to-date fiscal 2024 financial results on March 6, 2024, by 8:00 a.m. (EST), followed by a conference call to discuss the results at 10:00 a.m. (EST).

Key Points: 
  • Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and year-to-date fiscal 2024 financial results on March 6, 2024, 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, 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.
  • Interested parties are also invited to join the conference call by registering for the call in advance here .

Old Forester Names Caleb Trigo as Assistant Master Distiller

Retrieved on: 
Thursday, February 1, 2024

LOUISVILLE, Ky., Feb. 1, 2024 /PRNewswire/ -- Old Forester today named Caleb Trigo as Assistant Master Distiller, overseeing quality and innovation for America's oldest bourbon brand that has existed before, during, and after Prohibition.

Key Points: 
  • LOUISVILLE, Ky., Feb. 1, 2024 /PRNewswire/ -- Old Forester today named Caleb Trigo as Assistant Master Distiller, overseeing quality and innovation for America's oldest bourbon brand that has existed before, during, and after Prohibition.
  • "I am both honored and humbled to step into the role of Assistant Master Distiller safeguarding and bolstering the founding brand of our company," said Trigo.
  • Trigo will join Master Taster Melissa Rift in supporting the growth of Old Forester.
  • Trigo is an avid traveler and foodie, and his favorite cocktail is an Old Forester Boulevardier.

Old Forester Statesman featured in new theatrical release, Matthew Vaughn's "Argylle"

Retrieved on: 
Monday, January 29, 2024

LOUISVILLE, Ky., Jan. 29, 2024 /PRNewswire/ -- Old Forester Bourbon has introduced a specialty cocktail featured in Matthew Vaughn's new razor-witted, reality-bending, globe-encircling spy thriller Argylle, which debuts in theaters nationwide on February 2nd.

Key Points: 
  • A twist on the classic Whiskey Sour, the "Whisker Sour" is crafted with Old Forester Statesman Bourbon Whiskey, Cointreau, and lemonade, topped with club soda and a dash of Angostura bitters.
  • The cocktail's name is a nod to cat Alfie, the feline featured prominently in the film from Matthew Vaughn.
  • Vaughn was the director of the Kingsman Series, for which Old Forester Statesman was created.
  • "Movie fans can enjoy the Whisker Sour, along with other Old Forester cocktails, at movie theater bars around the country during the Argylle theatrical run," said Melisssa Rift, Old Forester Master Taster.

Brown-Forman Declares Cash Dividend

Retrieved on: 
Tuesday, January 23, 2024

Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2178 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 $0.2178 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, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 80 years and has increased the cash dividend for 40 consecutive years.
  • Brown-Forman’s brands are supported by approximately 5,600 employees globally and sold in more than 170 countries worldwide.

Old Forester® Debuts 1924: The Newest Expression in the Whiskey Row Series; a 10-year-old Bourbon and a New Mash Bill

Retrieved on: 
Wednesday, January 17, 2024

LOUISVILLE, Ky., Jan. 17, 2024 /PRNewswire/ -- Today, Old Forester® announces the newest release in its coveted and award-winning Whiskey Row Series – 1924.

Key Points: 
  • LOUISVILLE, Ky., Jan. 17, 2024 /PRNewswire/ -- Today, Old Forester® announces the newest release in its coveted and award-winning Whiskey Row Series – 1924.
  • This 10-year-old age-stated bourbon is 100 proof and comprises a new mash bill for the brand.
  • Rather than the traditional Old Forester recipe (72% corn; 18% rye and 10% malted barley), 1924 debuts a new mash bill (79% corn; 11% rye and 10% malted barley).
  • In 1924, Old Forester acquired barrels from closed distillers, with different mash bills, and bottled that liquid as Old Forester.