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Stock Market & Financial Investment News

News Breaks
September 19, 2012
08:52 EDTBFBBrown-Forman Corporation to be distributed by Asahi in Japan
Brown-Forman has reached agreement in principle with the Asahi Group to distribute its brands in Japan as of January 1, 2013. The announcement follows one by Suntory stating that Brown-Forman and Suntory are concluding their more than 40-year business relationship at the conclusion of the current contract, which is December 31.
News For BFB From The Last 14 Days
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August 26, 2015
07:54 EDTBFBBrown-Forman backs FY16 EPS view of $3.40-$3.60, consensus $3.52
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07:52 EDTBFBBrown-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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