Tag Archives: Brown-Forman

B-F Net Sales Jump 20% in Quarter as Brand Disposals Cut Net Profit 41%

Posted on September 1, 2021 by Joel Whitaker

Brown-Forman Corp. reports net profit fell 41% to $192 million, or 40 cents a share, as sales advanced 20% to $906 million.  The lower profit reflected the year earlier $192 million gain on the sale of the Canadian Mist, Early … Continue reading →

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Brown-Forman Profit Surges 9% in Year as Net Sales Grew 3%

Posted on June 9, 2021 by Joel Whitaker

Brown-Forman Corp. reports net profit of $903 million, or $1.89 a share, up 9% on net sales of $3.5 billion, which grew 3% (+6% on an underlying basis) compared to fiscal 2020. Reported operating income increased 7% to $1.2 billion … Continue reading →

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Old Forester Releases a Single-Barrel Rye

Posted on June 1, 2021 by Joel Whitaker

Old Forester Distilling Co. (Brown-Forman)  launches Old Forester Rye Single Barrel, marking the first innovation of this rye recipe since the original 100 proof release. Presented unfiltered and at barrel strength, the product is available nationwide and at Old Forester … Continue reading →

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B-F, NABI Encouraged by Tariff Talks, Hope for Full Removal of Duties

Posted on May 17, 2021 by Joel Whitaker

Brown-Forman Corp. said it was ‘encouraged” by Monday’s announcement the European Union and the U.S. had agreed to resume talks to settle the steel/aluminum subsidy dispute.The move avoids the doubling of tariffs on American whiskey, and Brown-Forman said it applauded … Continue reading →

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Brown-Forman Net Sales Rise 1% in Quarter, Profit Falls

Posted on March 3, 2021 by Joel Whitaker

Brown-Forman Corp. reports net profit in the third fiscal quarter rose 1% to $911 million.  Net income fell 5% to $219 million, or 45 cents a share. For the full nine months, the company logged sales of $2.649 billion, basically … Continue reading →

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Brown-Forman to Double Shively Distillery

Posted on February 18, 2021 by Joel Whitaker

Brown-Forman Corp. said it will double capacity of the Brown-Forman Distillery in the Shively area of Louisville to meet the growing demand for American whiskey. As part of the production expansion, Old Forester will create an oak tree nursery on … Continue reading →

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