Latest news with #Brown-FormanCorporation
Yahoo
2 days ago
- Business
- Yahoo
UBS Remains Neutral on Brown-Forman Corporation (BF-B), Trims PT to $30
Brown-Forman Corporation (NYSE:BF-B) is one of the . On June 9, UBS analyst Peter Grom maintained a Neutral rating on Brown-Forman and slashed the price target from $38 to $30. The price target was amended after the company disclosed challenges at the end of FY2025, with future forecasts suggesting that these issues will persist. Brown-Forman Corporation (NYSE:BF-B)'s Q4 results and outlook for the next year fell short of Street estimates. The company's financial outcomes triggered investor concerns about the present hindrances and whether they will continue in the future or remain a temporary setback. A close-up of bottles of whisky and other alcoholic beverages from a winery. The analyst commented that before the Q4 results, investors believed that the biggest headwinds had already been priced into the stock, and the possible cost cutting might result in more profits. However, the actual earnings were not aligned with this optimism, leading people to rethink the company's long-term growth potential. Despite the share price drop, Brown-Forman Corporation (NYSE:BF-B)'s valuation is promising, trading at roughly 17x the earnings, which is less than its 5-year average of about 33x. While the valuation is attractive, the analyst noted that the stock will potentially remain within a specific range until more compelling data emerges about future revenue growth. Brown-Forman Corporation (NYSE:BF-B) is a leading American producer of premium alcoholic beverages, known for iconic brands like Jack Daniel's, Woodford Reserve, and Herradura. While we acknowledge the potential of BF-B as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
5 days ago
- Business
- Yahoo
Jim Cramer Notes Brown-Forman (BF-B) 'Reported a Truly Terrible Quarter'
We recently published a list of . In this article, we are going to take a look at where Brown-Forman Corporation (NYSE:BF-B) stands against other stocks that Jim Cramer discusses. Calling Brown-Forman Corporation (NYSE:BF-B) the 'worst one', Cramer commented: 'But the worst one, Brown-Forman, the maker of Jack Daniel's, which reported a truly terrible quarter. Although if you read the press release propaganda, you might have thought everything's fabulous. Of course, when you look at the stock, which plummeted nearly 18% today, you'll notice that it finished even worse than Tesla stock, which is saying something given the war of words between Elon Musk and President Trump, one of the worst spitball competitions I have ever seen. Brown-Forman (NYSE:BF-B) produces, markets, and sells a variety of alcoholic drinks, including spirits, wines, and ready-to-drink options. The company also provides contract bottling and sells whiskey and wine in bulk. Overall, BF-B ranks 14th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of BF-B as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Brown-Forman Announces Significant Evolution in U.S. Distribution
New Distributor Relationships Across 13 Markets LOUISVILLE, Ky., May 29, 2025--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) today announced the successful completion of its Request for Proposal (RFP) process for portfolio distribution in select markets across the United States. The company named new distributors for 13 markets, a transition that will involve seven new distributor organizations. The company will maintain its current distributor network in the remaining markets where the RFP was conducted. These carefully considered decisions underscore Brown-Forman's enduring commitment to ensure its brands have the dedication, focus, investment, and route-to-market capabilities needed to succeed in the increasingly dynamic beverage alcohol industry. "This milestone marks an exciting evolution in our U.S. strategy, building upon our commitment to elevate our premium spirits portfolio and reach consumers in impactful ways," said Michael Masick, executive vice president and president, Americas, Brown-Forman. "This process has enabled us to evolve existing relationships, form new ones, and, in every instance, align around a common vision for Brown-Forman brands and a strategy to achieve our collective aspirations." Robinson Brown IV, senior vice president and managing director, USA & Canada, Brown-Forman, added, "This is Brown-Forman's first significant change to our U.S. route-to-consumer landscape in more than 60 years. These decisions were taken with great thought and care, and we believe they will bring tremendous opportunities for growth in the years and decades to come. Together, we will share Brown-Forman's iconic family of brands with consumers across the U.S., fueling accelerated momentum and achieving new levels of success." Brown continued, "I would also like to recognize and thank all of our distributors, whose dedication and expertise over the years have been foundational to establishing Brown-Forman's strong presence across these markets. Though our relationships may be evolving, their dedication and hard work have been instrumental in building the strong foundation upon which this next chapter of growth will be built." Announced today, the following distributors will, beginning August 1, 2025, represent the Brown-Forman portfolio of brands in the states listed: Johnson Brothers: Indiana, Minnesota, Nebraska, North Dakota, South Dakota, and Texas Southern Glazer's Wine & Spirits: Louisiana and New York; Continued alignment in Arkansas, Kansas, Massachusetts, Missouri, and Rhode Island Columbia Distributing: Washington Keg-1 River City: Kentucky Oklahoma Spirits Alliance, a partnership with Capital, LDF, & Fisher 59 Distributors: Oklahoma Reyes Beverage Group: Hawaii; California (announced February 2025, effective May 2025) Specialty Imports: Alaska These distributor partners were selected for their proven track records, strong capabilities, and shared commitment to accelerate growth of Brown-Forman's iconic brands. In addition, as a result of the reshaping of the company's U.S. distributor relationship landscape, Breakthru Beverage Group (BBG) will become the company's largest national distributor partner, covering 14 key markets across the U.S. and Canada. This announcement marks the conclusion of Brown-Forman's RFP process for the U.S. open states. About Brown-Forman: Brown-Forman Corporation has been building exceptional spirits brands for more than 150 years, responsibly upholding our founding promise of "Nothing Better in the Market." Our portfolio of premium brands includes the Jack Daniel's Family of Brands, Woodford Reserve, Herradura, el Jimador, Korbel, New Mix, Old Forester, The Glendronach, Glenglassaugh, Benriach, Diplomático Rum, Chambord, Gin Mare, Fords Gin, Slane, and Coopers' Craft. With a team of approximately 5,400 employees worldwide, we proudly share our passion for premium beverages in more than 170 countries. Discover more about us at and stay connected through LinkedIn, Instagram, and X. Forward-Looking Statements This press release contains statements that are "forward-looking statements" as defined under U.S. federal securities laws. These forward-looking statements reflect management's expectations or projections regarding future events and speak only as of the date we make them. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. By their nature, forward-looking statements involve risks, uncertainties, and other factors (many beyond our control) that could cause our actual results to differ materially from our historical experience or from our current expectations or projections. For further information on factors that could cause our actual results to differ materially from our historical experience or from our current expectations or projections, please refer to our public filings, including the "Risk Factors" section of our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. View source version on Contacts Brown-Forman Contacts: Elizabeth Conway, Director, External Communicationselizabeth_conway@ 502-774-7737 Sue Perram, VP, Investor Relationssue_perram@ 502-774-6862 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
29-05-2025
- Business
- Business Wire
Brown-Forman Announces Significant Evolution in U.S. Distribution
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) today announced the successful completion of its Request for Proposal (RFP) process for portfolio distribution in select markets across the United States. The company named new distributors for 13 markets, a transition that will involve seven new distributor organizations. The company will maintain its current distributor network in the remaining markets where the RFP was conducted. These carefully considered decisions underscore Brown-Forman's enduring commitment to ensure its brands have the dedication, focus, investment, and route-to-market capabilities needed to succeed in the increasingly dynamic beverage alcohol industry. 'This milestone marks an exciting evolution in our U.S. strategy, building upon our commitment to elevate our premium spirits portfolio and reach consumers in impactful ways,' said Michael Masick, executive vice president and president, Americas, Brown-Forman. 'This process has enabled us to evolve existing relationships, form new ones, and, in every instance, align around a common vision for Brown-Forman brands and a strategy to achieve our collective aspirations.' Robinson Brown IV, senior vice president and managing director, USA & Canada, Brown-Forman, added, 'This is Brown-Forman's first significant change to our U.S. route-to-consumer landscape in more than 60 years. These decisions were taken with great thought and care, and we believe they will bring tremendous opportunities for growth in the years and decades to come. Together, we will share Brown-Forman's iconic family of brands with consumers across the U.S., fueling accelerated momentum and achieving new levels of success.' Brown continued, 'I would also like to recognize and thank all of our distributors, whose dedication and expertise over the years have been foundational to establishing Brown-Forman's strong presence across these markets. Though our relationships may be evolving, their dedication and hard work have been instrumental in building the strong foundation upon which this next chapter of growth will be built.' Announced today, the following distributors will, beginning August 1, 2025, represent the Brown-Forman portfolio of brands in the states listed: Johnson Brothers: Indiana, Minnesota, Nebraska, North Dakota, South Dakota, and Texas Southern Glazer's Wine & Spirits: Louisiana and New York; Continued alignment in Arkansas, Kansas, Massachusetts, Missouri, and Rhode Island Columbia Distributing: Washington Keg-1 River City: Kentucky Oklahoma Spirits Alliance, a partnership with Capital, LDF, & Fisher 59 Distributors: Oklahoma Reyes Beverage Group: Hawaii; California (announced February 2025, effective May 2025) Specialty Imports: Alaska These distributor partners were selected for their proven track records, strong capabilities, and shared commitment to accelerate growth of Brown-Forman's iconic brands. In addition, as a result of the reshaping of the company's U.S. distributor relationship landscape, Breakthru Beverage Group (BBG) will become the company's largest national distributor partner, covering 14 key markets across the U.S. and Canada. This announcement marks the conclusion of Brown-Forman's RFP process for the U.S. open states. About Brown-Forman: Brown-Forman Corporation has been building exceptional spirits brands for more than 150 years, responsibly upholding our founding promise of 'Nothing Better in the Market.' Our portfolio of premium brands includes the Jack Daniel's Family of Brands, Woodford Reserve, Herradura, el Jimador, Korbel, New Mix, Old Forester, The Glendronach, Glenglassaugh, Benriach, Diplomático Rum, Chambord, Gin Mare, Fords Gin, Slane, and Coopers' Craft. With a team of approximately 5,400 employees worldwide, we proudly share our passion for premium beverages in more than 170 countries. Discover more about us at and stay connected through LinkedIn, Instagram, and X. Forward-Looking Statements This press release contains statements that are 'forward-looking statements' as defined under U.S. federal securities laws. These forward-looking statements reflect management's expectations or projections regarding future events and speak only as of the date we make them. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. By their nature, forward-looking statements involve risks, uncertainties, and other factors (many beyond our control) that could cause our actual results to differ materially from our historical experience or from our current expectations or projections. For further information on factors that could cause our actual results to differ materially from our historical experience or from our current expectations or projections, please refer to our public filings, including the 'Risk Factors' section of our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.
Yahoo
15-05-2025
- Business
- Yahoo
Brown-Forman Corporation (BF-B): Among Benjamin Graham Stocks for Defensive Investors
We recently published a list of . In this article, we are going to take a look at where Brown-Forman Corporation (NYSE:BF-B) stands against other Benjamin Graham stocks for defensive investors. Markets in early 2025 are a bit like a moody spring—75 degrees one day, stormy the next. After a strong run in 2023 and 2024, the S&P 500 dropped over 5% year-to-date as investors digested a mix of policy uncertainties, uncertainty around interest rate cuts, and pockets of corporate underperformance. Many stocks are being re-priced as investors grow more selective, and earnings outlooks weaken. At the same time, the bond market is quietly signaling a shift. Treasury yields are still elevated, but there's a growing sense that the Fed may be near the end of its hiking cycle. That has made Treasury and investment-grade bonds more attractive, especially compared to volatile equities. The market is in transition. Investors are moving from chasing momentum to seeking quality. Caution, realism, and discipline are back in style, and so are value stocks. Preparing for a potential recession is less about panic and more about applying timeless principles—many of which were championed by Benjamin Graham, the father of value investing. Graham taught that the key to long-term investment success lies in discipline, patience, and a deep understanding of value. In uncertain economic times, those lessons are more relevant than ever. Graham said in his book 'The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). In the short run, the market is a voting machine but in the long run, it is a weighing machine.' Rather than trying to time the market, investors should focus on building a portfolio grounded in quality and resilience. Graham favored companies with strong fundamentals, conservative balance sheets, and consistent earnings power—attributes that tend to shine when the economy slows. Dividend-paying stocks with a history of reliability also fit neatly into Graham's framework, offering both income and a margin of safety. Graham said in The Intelligent Investor: 'The essence of investment management is the management of risks, not the management of returns.' Diversification, another core tenet of Graham's philosophy, helps investors avoid overexposure to any one sector or asset class. Holding a variety of investments—equities, bonds, and even cash—can smooth returns and provide flexibility. Graham often emphasized the importance of keeping a cash reserve, not just for protection, but as a source of opportunity when market prices become irrationally low. Graham said, 'The investor's chief problem—and even his worst enemy—is likely to be himself.' Emotional discipline, especially during turbulent markets, is essential. By remaining rational, reassessing risk exposure, and maintaining a long-term mindset, investors can navigate recessionary periods with the confidence that volatility, like all market conditions, is temporary—and often presents some of the best chances to buy quality assets at a discount. We used the Classic Benjamin Graham Stock Screener by Graham Value to compile a list of the 10 Benjamin Graham stocks for defensive investors. We considered the top 20 stocks on our screen and picked the ones with the highest number of hedge fund investors, as of Q4 2024. The stocks are sorted in ascending order of hedge fund sentiment. At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Benjamin Graham Number of Hedge Fund Holders: 38 Brown-Forman Corporation (NYSE:BF-B) is the largest American-owned spirits and wine company with a global presence. The company produces and markets over 30 alcoholic beverage brands, with Jack Daniel's Tennessee Whiskey as its flagship product—the top-selling American whiskey globally. Other notable brands include Finlandia vodka, Southern Comfort liqueur, Canadian Mist whisky, and el Jimador tequila. Brown-Forman's Q2 Fy 2025 net sales declined 5% reported, but were flat organically after adjusting for divestitures and FX. Strong growth came from Woodford Reserve, Diplomatico, and Old Forester, while tequila brands el Jimador and Herradura faced headwinds in the US and Mexico. Jack Daniel's showed improving trends, bolstered by RTD innovation and global expansion. Brown-Forman Corporation (NYSE:BF-B) expects organic net sales and operating income growth of 2% to 4% in fiscal 2025, driven by strength in international markets, normalizing inventory trends, and a shift toward premiumization in its portfolio. Growth in Brazil, along with innovation in Mexico, is helping to offset declines in the travel retail channel and developed markets. The company anticipates gains from brands like Gin Mare and Diplomatico, as well as improvements in price/mix and the divestiture of lower-margin brands. However, this outlook is tempered by macroeconomic volatility, higher input costs, and uncertainty around consumer demand. While inventory-related headwinds are easing, inflation and higher interest rates may still impact trade. Brown-Forman (NYSE:BF-B) plans to remain disciplined with SG&A and capital expenditures to manage margin pressures while maintaining a long-term focus on growth. Overall, BF-B ranks 4th on our list of Benjamin Graham stocks for defensive investors. While we acknowledge the growth potential of BF-B, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BF-B but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .
