Glendronach distillery

Brown-Forman Increases Cash Dividend for 40th Consecutive Year

Retrieved on: 
Thursday, November 16, 2023
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As a result, the indicated annual cash dividend will rise from $0.8220 per share to $0.8712 per share.

Key Points: 
  • As a result, the indicated annual cash dividend will rise from $0.8220 per share to $0.8712 per share.
  • The dividend is payable on January 2, 2024, to stockholders of record on December 1, 2023.
  • Brown-Forman’s President and Chief Executive Officer Lawson Whiting said, “We are proud to continue the long tradition of delivering excellent returns to our shareholders.
  • This marks the 40th consecutive year of dividend increases and reinforces our confidence in Brown-Forman's long-term growth outlook.”
    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.

Catch a Glimpse of The Madison 2023 December Auction

Retrieved on: 
Friday, December 15, 2023
Sale, OWC, GOLD, Dispatch (band), MacPhail, Friends, Christmas, Family, Gordon & MacPhail, Collection, The Murray Hotel, System, Cabernet Sauvignon, Holiday, Magnum, Ageing, Hanyu, Kweichow Moutai, Gift, Scotch whisky, HK, Glen, CP, Auction, Interior design, Wine, Bottled water, Viticulture, Nightclub, Beer, Scotch, The Macallan distillery, Glendronach distillery, Rehoboam, Spirit

This sale will be live-streamed on Madison Auction bidding platform ( www.madison-auction.com/auctions ) and the Madison Auction App (search 'Madison Auction' in your app store) at 11am on 16th.

Key Points: 
  • This sale will be live-streamed on Madison Auction bidding platform ( www.madison-auction.com/auctions ) and the Madison Auction App (search 'Madison Auction' in your app store) at 11am on 16th.
  • As the first Hong Kong based luxury lifestyle auction house, Madison Auction hosts auctions for the unique pool of high-net-worth clients from APAC and other regions.
  • In the upcoming Madison December auction, Madison have prepared 32 handbags from the top luxury brand Hermès for collectors.
  • It's Madison Auction's first time to offer two casks in our 2023 October Auction and both casks sold at their high estimations.

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

Retrieved on: 
Monday, November 6, 2023
Retail, Restaurant, Bar, Wine & Spirits, Honey, Fords, Single barrel whiskey, Glendronach distillery, NYSE, Chambord, Life, Brown–Forman, EST, Jack Daniel's, Old Forester, Interest, Woodford Reserve, Craft, Gin, Tennessee whiskey, BFB, BFA, Baking, BenRiach distillery

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: 
Wednesday, November 1, 2023
Retail, Food, Beverage, Wine & Spirits, Honey, Coca-Cola Hellenic Bottling Company, Sale, Fords, Security (finance), Single barrel whiskey, Terrorism, Glendronach distillery, NYSE, Tax, Health, Chambord, Life, Family, Brown–Forman, Jack Daniel's, Acquisition, Old Forester, Nature, Woodford Reserve, Violence, Risk, Marketing, Annual report, Form 10-K, Craft, Gin, Tennessee whiskey, Travel, Significance, BFB, Pandemic, Investment, New York Stock Exchange, Failure, BFA, Sales, Bookkeeping, Risk management, BenRiach distillery

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.

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

Retrieved on: 
Monday, October 2, 2023
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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: 
Thursday, August 31, 2023
Retail, Restaurant, Bar, Other Retail, Wine & Spirits, Specialty, Food, Beverage, Honey, Single barrel whiskey, Woodford Reserve, Brown–Forman, BFB, Craft, Glendronach distillery, Life, Jack Daniel's, Gin, Chambord, Old Forester, Fords, Tennessee whiskey, Conference, NYSE, BFA, Baking, BenRiach distillery

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: 
Thursday, August 31, 2023
Retail, Other Retail, Wine & Spirits, Honey, Single barrel whiskey, Woodford Reserve, Brown–Forman, New York Stock Exchange, BFB, Craft, Jack, Travel, Failure, Violence, Glendronach distillery, Life, Marketing, Jack Daniel's, EVP, Tax, Form 10-K, Gin, Terrorism, Sale, Pandemic, Significance, Acquisition, Chambord, Old Forester, Investment, Risk, Growth, Security (finance), 2016 ICC Europe Division Two, Fords, Health, Annual report, Tennessee whiskey, Family, NYSE, BFA, Wine, Bookkeeping, Risk management, Cryptocurrency, BenRiach distillery

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: 
Wednesday, August 2, 2023
Retail, Other Retail, Wine & Spirits, Honey, Single barrel whiskey, Woodford Reserve, Brown–Forman, BFB, Craft, Glendronach distillery, Life, Jack Daniel's, Gin, EDT, Interest, Chambord, Old Forester, Fords, Tennessee whiskey, NYSE, BFA, BenRiach distillery

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: 
Thursday, July 27, 2023
Retail, Restaurant, Bar, Food, Beverage, Wine & Spirits, Honey, Single barrel whiskey, Woodford Reserve, Brown–Forman, Lead, New York Stock Exchange, BFB, Craft, Jack, Travel, Failure, Violence, Chairperson, Glendronach distillery, Life, Marketing, Jack Daniel's, Tax, Corporate governance, Form 10-K, Gin, Multimedia, Terrorism, Sale, Pandemic, Significance, Acquisition, Old Forester, Chambord, Nature, Investment, Risk, S&P 500 Dividend Aristocrats, Committee, Growth, Security (finance), Health, Fords, Annual report, Tennessee whiskey, Family, NYSE, BFA, Management, Bookkeeping, Risk management, Cryptocurrency, BenRiach distillery

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.

Brown-Forman Declares Cash Dividend

Retrieved on: 
Thursday, May 25, 2023
Retail, Food, Beverage, Wine & Spirits, Honey, Single barrel whiskey, Woodford Reserve, Brown–Forman, BFB, Craft, Glendronach distillery, Life, Jack Daniel's, Chambord, Old Forester, S&P 500 Dividend Aristocrats, Tennessee whiskey, NYSE, BFA, Tunnel, BenRiach distillery

Brown-Forman Corporation (NYSE: BFA) (NYSE: 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) (NYSE: 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 July 3, 2023, to stockholders of record on June 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.