Brown–Forman

Brown-Forman Declares Cash Dividend

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星期四, 五月 23, 2024
Food, Beverage, Other Retail, Wine & Spirits, Retail, Specialty, Honey, Brown–Forman, Chambord, Jack Daniel's, Gin, BFB, S&P 500 Dividend Aristocrats, Tennessee whiskey, Life, Woodford Reserve, Craft, Single barrel whiskey, BFA, Old Forester, Holding company

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 July 1, 2024, to stockholders of record on June 7, 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.

Brown-Forman Fourth Quarter Earnings Release and Conference Call Scheduled for June 5, 2024

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星期三, 五月 8, 2024
Retail, Restaurant, Bar, Food, Beverage, Wine & Spirits, Honey, EDT, BFB, Craft, Gin, Jack Daniel's, Woodford Reserve, Life, Old Forester, Chambord, Tennessee whiskey, BFA, Single barrel whiskey, Brown–Forman, Interest

Brown-Forman Corporation (NYSE: BFA, BFB) will release its fourth quarter and fiscal year 2024 financial results on June 5, 2024, by 8:00 a.m. (EDT), followed by a conference call to discuss the results at 10:00 a.m. (EDT).

Key Points: 
  • Brown-Forman Corporation (NYSE: BFA, BFB) will release its fourth quarter and fiscal year 2024 financial results on June 5, 2024, 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 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 .

Brown-Forman Announces Emerging International Leadership Change

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星期三, 五月 8, 2024
Supply Chain Management, Retail, Restaurant, Bar, Other Retail, Wine & Spirits, Specialty, International, BFB, Uncertainty, Commonwealth, ELT, Culture, Corporate development, CIS, Senior, Brown–Forman, Acquisition, Hinrichs, Jack, Multimedia, BFA, Independence, Growth, Management

Brown-Forman Corporation (NYSE:BFA,BFB) announced today a change in its Emerging International leadership and Executive Leadership Team (ELT).

Key Points: 
  • Brown-Forman Corporation (NYSE:BFA,BFB) announced today a change in its Emerging International leadership and Executive Leadership Team (ELT).
  • Michael Masick will become President, Emerging International, and join the ELT, effective July 1.
  • I look forward to working closely with him to grow our brands and business in the Emerging International markets.”
    As President, Emerging International, Michael Masick will lead the long-term strategy for the region and drive growth in the company’s Emerging International markets, including Latin America, Asia, Australia, Pacific Islands, New Zealand, India, the Middle East, Ukraine, the Commonwealth of Independent States (CIS), Africa, and Global Travel Retail.
  • In these roles, Hinrichs has provided commercial leadership expertise for developed and emerging markets alike.

Churchill Downs Racetrack Announces Lineup of Partnerships and Experiences for Historic 150th Running of the Kentucky Derby®

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星期一, 四月 29, 2024
Turf Club, Jersey club, Aviator Nation, Army, Kentucky Derby, White Claw Hard Seltzer, Fashion cigarettes, Sport, Marketing, Tractor, Red Bull, Sports Illustrated, Woodford Reserve, Paddock, Brown–Forman, Jackson Family Wines, Club, Hot Mess, Ford, Old, Creativity, Ford Motor Company, SAP

LOUISVILLE, Ky., April 29, 2024 /PRNewswire/ -- Churchill Downs Racetrack ("Churchill Downs") announced today official partnerships and brand experiences to enhance the milestone 150th Kentucky Derby Week.

Key Points: 
  • Signature Partners Feature Woodford Reserve, Longines, Ford, SAP, TwinSpires
    New Partners Include Sports Illustrated, The Unwell Network, PopCorners, Q Mixers, Tractor Beverage Co.
    LOUISVILLE, Ky., April 29, 2024 /PRNewswire/ -- Churchill Downs Racetrack ("Churchill Downs") announced today official partnerships and brand experiences to enhance the milestone 150th Kentucky Derby Week.
  • Both clubs offer views directly into the back of the paddock stalls from inside the club and access to view each race railside.
  • The US Army Golden Knights skydiving specialists will parachute into Churchill Downs prior to Wynonna Judd's performance of the national anthem.
  • Official Kentucky Derby merchandise and accessories are available online at www.KentuckyDerbyStore.com and to learn more about this year's race, please visit www.KentuckyDerby.com .

Sprout Social Announces First Quarter 2024 Financial Results

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星期四, 五月 2, 2024
Online, CFO, American Honda Motor Company, Southern New Hampshire University, Central Time, ARR, Social media, Average cost, Universal Pictures, Traeger, Panasonic, Sprout, Tagger, Leukemia, RPO, Brown–Forman, Procter & Gamble, SPT, Arboretum, GAAP, Growth, Bank

CHICAGO, May 02, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • CHICAGO, May 02, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its first quarter ended March 31, 2024.
  • Net new ARR added in the first quarter of 2024 decreased relative to the first quarter of 2023.
  • These items are not within the Company’s control and may vary greatly between periods and could significantly impact future financial results.
  • The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) today, May 2, 2024.

The Duckhorn Portfolio Appoints Interim CEO and Industry Veteran Deirdre Mahlan as President and Chief Executive Officer

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星期三, 五月 1, 2024
Retail, Luxury, Food, Beverage, Wine & Spirits, The Duckhorn Portfolio, NAPA, CFO, Wine, Webcast, Exercise, Acquisition, Kimberly-Clark, Bank statement, Seagram, Brown–Forman, Growth, Joseph, Management

The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced that Deirdre Mahlan has been appointed President, Chief Executive Officer and Chairperson, effective immediately.

Key Points: 
  • The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced that Deirdre Mahlan has been appointed President, Chief Executive Officer and Chairperson, effective immediately.
  • Mahlan has been a member of The Duckhorn Portfolio, Inc. Board of Directors since March 2021.
  • Prior to that, Mahlan held positions of increasing responsibility in finance, including five years as CFO of Diageo plc.
  • Mahlan also serves on the boards of Kimberly-Clark Corporation, a consumer goods company, and Haleon plc, a healthcare goods company.

The Duckhorn Portfolio Closes Acquisition of Sonoma-Cutrer Vineyards

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星期三, 五月 1, 2024
Supply Chain Management, Retail, Luxury, Wine & Spirits, NAPA, Brown–Forman, Chairperson, Acquisition, The Duckhorn Portfolio, Growth, Wine

The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer.

Key Points: 
  • The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer.
  • “We are thrilled to add the acclaimed Sonoma-Cutrer winery brand to our portfolio of luxury winery brands and welcome their talented team,” said Deirdre Mahlan, President, Chief Executive Officer and Chairperson of The Duckhorn Portfolio.
  • This acquisition bolsters The Duckhorn Portfolio by significantly elevating the Company’s position within the Chardonnay category, the number one domestic white varietal.
  • The acquisition terms allow the Company to maintain its current debt leverage ratio, affording the financial flexibility to drive future growth.

Brown-Forman Completes Sale of Sonoma-Cutrer Vineyards

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星期三, 五月 1, 2024
Retail, Restaurant, Bar, Food, Beverage, Wine & Spirits, BFB, Sale, BFA, NAPA, The Duckhorn Portfolio, Brown–Forman, Wine

Brown-Forman (NYSE: BFA, BFB) announced today that it completed the sale of Sonoma-Cutrer Vineyards and related brand trademarks to The Duckhorn Portfolio, Inc. (NYSE: NAPA), a premier wine group, on April 30, 2024.

Key Points: 
  • Brown-Forman (NYSE: BFA, BFB) announced today that it completed the sale of Sonoma-Cutrer Vineyards and related brand trademarks to The Duckhorn Portfolio, Inc. (NYSE: NAPA), a premier wine group, on April 30, 2024.
  • In November 2023, Brown-Forman disclosed it had reached an agreement to sell the brand in exchange for an ownership percentage of approximately 21.5% in The Duckhorn Portfolio and $50 million USD.
  • As part of the agreement, The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer.
  • Under the terms of the agreement, the Sonoma-Cutrer brand trademarks, facilities, and six vineyards in two appellations will join The Duckhorn Portfolio’s luxury wine brands.

Republic Bancorp, Inc. and Republic Bank & Trust Company Appoint Two New Directors to Their Boards

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星期一, 四月 29, 2024
Banking, Accounting, Professional Services, Finance, Air force, University, Law, Officer, Republic Bank, Social science, Republic, Grinnell College, Cannon, Culture, Commercial finance, Controller, Brown–Forman, Bachelor, TrustCo Bank, MBA, Troy University, Management

The Officers and Directors of Republic Bancorp, Inc. (the “Company”) and Republic Bank & Trust Company (“Republic” or the “Bank”) are pleased to announce the appointment of Yoania “Jo” Cannon and Alejandro “Alex” Sanchez to the Company’s Boards.

Key Points: 
  • The Officers and Directors of Republic Bancorp, Inc. (the “Company”) and Republic Bank & Trust Company (“Republic” or the “Bank”) are pleased to announce the appointment of Yoania “Jo” Cannon and Alejandro “Alex” Sanchez to the Company’s Boards.
  • “I am excited that Jo and Alex are joining us and bringing their skills and insights to our Boards,” said Steve Trager, Executive Chair of Republic.
  • Sanchez’s banking, managerial, business, military, educational and legal experience will be a considerable asset to the Republic Boards.
  • He has a Juris Doctor from the University of Iowa College of Law and Bachelor of Science in Business and Social Science from Troy University.

Jack Daniel's Country Cocktails Launching Hard Tea in Limited States

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星期四, 四月 18, 2024
Customer, Blackberry, Partnership, Jack Daniel's, Brown–Forman, Tea, ID, SAN

SAN ANTONIO, April 18, 2024 /PRNewswire/ -- Jack Daniel's Country Cocktails is synonymous with delivering amazing-tasting beverages with Southern sophistication and established tradition. This spring, Jack Daniel's Country Cocktails announces the launch of its new hard tea, a nod to its Southern heritage, yet designed to meet the needs of the modern drinker.

Key Points: 
  • This spring, Jack Daniel's Country Cocktails announces the launch of its new hard tea, a nod to its Southern heritage, yet designed to meet the needs of the modern drinker.
  • Jack Daniel's Country Cocktails Hard Tea perfectly combines black tea, ripe, true-to-fruit flavor, and a balanced, sweet finish.
  • Jack Daniel's Country Cocktails Hard Tea will debut in four flavors, Original, Peach, Raspberry, and Blackberry, giving drinkers a bold and refreshing quality experience for those who know what tea is all about.
  • "We are excited about our launch of Jack Daniel's Country Cocktails Hard Tea entering the fast-growing hard tea category.