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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:20 EDTBF.B, BFB, BFABrown-Forman new product should significantly raise revenue, says RBC Capital
RBC Capital believes that a national U.S. launch of Brown-Forman's new Jack Daniel's Tennessee Fire could increase the company's total revenue by about 200 basis points. The firm keeps a $95 price target and Outperform rating on the shares.
News For B;BFA;BFB From The Last 14 Days
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August 26, 2015
07:54 EDTBFA, BFBBrown-Forman backs FY16 EPS view of $3.40-$3.60, consensus $3.52
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07:52 EDTBFA, BFBBrown-Forman reports Q1 EPS 75c, consensus 75c
Reports Q1 revenue $900M, consensus $947.08M. Underlying net sales grew 11% in the emerging markets, powered by market share gains in these fast growing markets. The company achieved double-digit gains in underlying net sales in several markets, including Brazil, Mexico, Poland, Turkey, emerging Africa and Ukraine. Russia experienced a double-digit decline as the weak economy and devaluation of the ruble has negatively impacted consumer demand.

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