LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced the pricing of a $500 million 5-year senior unsecured note. The 5.375% 5-year senior notes are due October 15, 2031. Brown-Forman intends to use the net proceeds from the offering for general corporate purposes, which may include dividends, repurchases of stock by the company pursuant to any authorized stock repurchase program or otherwise, repaying, redeeming, or repurchasing existing debt, including co.
Brown-Forman is reiterated as a Buy, with valuation attractive despite macro headwinds and industry challenges. BF.B demonstrates resilience through flat organic sales, 6% EPS growth, strong cash flow, and a robust balance sheet supporting a 3.5% dividend yield. Guidance remains cautious: FY27 organic sales roughly flat, operating income down 3–5%, but innovation and restructuring initiatives provide long-term upside.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation today announced the debut of its newest whisky, Kentucky Boy, a revival of an historic brand honoring Master Distiller Emeritus Chris Morris for his monumental 50 years of service and innovation in the bourbon industry. Kentucky Boy is a rare, curated whisky crafted by Woodford Reserve Master Distiller Elizabeth McCall and Old Forester Assistant Master Distiller Caleb Trigo in honor of their mentor. It is a one-time release, with a limi.
Brown-Forman Corporation remains a Hold as Q1 results reinforce ongoing headwinds and limited near-term growth prospects. Organic sales declined 1% in Q1, with flat whiskey volumes and a 17% drop in Herradura Tequila net sales. Ready-to-drink category shows promise, but management expects gross margin to peak in Q1 and operating income to contract 3%-5% for FY27.
Brown Forman NYSE: BF.A said its first-quarter fiscal 2027 results were largely in line with expectations, as growth from ready-to-drink products and Jack Daniel's Tennessee Blackberry helped offset pressure in used barrel sales, tequila and several developed international markets.