OverviewSuggest Edit

Brown-Forman Corporation is a spirit and wine company. The Company manufactures, bottles, imports, exports, markets and sells a range of alcoholic beverages. Brown-Forman leads a spirited existence and spreads its spirits, led by Jack Daniel's whiskey, around the world. The company's portfolio of mid-priced to super-premium brands includes such well-known spirits as Jack Daniel's, Canadian Mist, Finlandia, Southern Comfort, and Woodford Reserve. The Company has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail brands.
TypePublic
Founded1870
HQLouisville, US
Websitebrown-forman.com
Employee Ratings4.4

Latest Updates

Employees (est.) (Apr 2020)4,800(+3%)
Job Openings30
Revenue (FY, 2020)$3.4 B(+2%)
Share Price (Sept 2020)$76.2
Cybersecurity ratingCMore

Key People/Management at Brown-Forman

Lawson Whiting

Lawson Whiting

President, Chief Executive Officer, Brown-Forman Corporation, President and CEO, Brown-Forman Corporation
Matthew E. Hamel

Matthew E. Hamel

Executive Vice President, General Counsel and Secretary
Kirsten Hawley

Kirsten Hawley

Senior Vice President, Chief Human Resources and Corporate Communications Officer
Mark McCallum

Mark McCallum

Executive Vice President, Chief Brands Officer
Jane Morreau

Jane Morreau

Executive Vice President, Chief Financial Officer
Alejandro Alex Alvarez

Alejandro Alex Alvarez

Senior Vice President, Chief Production Officer
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Brown-Forman Office Locations

Brown-Forman has offices in Louisville, Surry Hills, Sofia, Marousi and in 4 other locations
Louisville, US (HQ)
850 Dixie Hwy
Surry Hills, AU
Level 6/280 Elizabeth St
Sofia, BG
Iskarsko shose
Guadalajara, MX
Piso 8, Av. de las Américas 1545, Circunvalación Americas
Warszawa, PL
Postępu 21D
Singapore, SG
101 Thomson Rd
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Brown-Forman Financials and Metrics

Brown-Forman Revenue

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Brown-Forman's revenue was reported to be $3.36 b in FY, 2020
USD

Revenue (Q1, 2021)

753.0m

Gross profit (Q1, 2021)

465.0m

Gross profit margin (Q1, 2021), %

61.8%

Net income (Q1, 2021)

324.0m

EBIT (Q1, 2021)

387.0m

Market capitalization (22-Sept-2020)

36.4b

Closing stock price (22-Sept-2020)

76.2

Cash (31-Jul-2020)

908.0m

EV

38.2b
Brown-Forman's current market capitalization is $36.4 b.
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

111.4m265.4m406.1m118.1m275.6m408.7m147.5m320.5m478.0m143.0m349.0m526.0m150.0m358.0m543.0m156.0m356.0m545.0m144.0m342.0m524.0m178.0m417.0m607.0m200.0m449.0m676.0m186.0m468.0m699.0m324.0m

Depreciation and Amortization

14.5m28.7m42.9m13.0m25.8m37.7m11.5m23.6m36.1m12.0m24.0m36.0m13.0m25.0m38.0m13.0m27.0m40.0m15.0m28.0m42.0m15.0m31.0m48.0m18.0m36.0m52.0m18.0m36.0m55.0m19.0m

Inventories

(109.0m)(100.0m)(133.0m)(142.0m)(57.0m)

Accounts Payable

(1.0m)(34.0m)30.0m(6.0m)26.0m
USDQ1, 2011

Financial Leverage

1.8 x
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Brown-Forman Operating Metrics

FY, 2015FY, 2016FY, 2017

Brands

30 40 40

Countries

160 160 165

Markets

11 13 13
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Brown-Forman Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Brown-Forman Online and Social Media Presence

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Brown-Forman News and Updates

United States Tequila Markets, 2019 & 2020-2024: Trends and Challenges Facing Market Leaders - Bacardi, Becle, Brown-Forman, Campari, Constellation Brands, Diageo, Pernod Ricard, Suntory, Tequila 512

Dublin, Sept. 23, 2020 (GLOBE NEWSWIRE) -- The "Tequila Market in US 2020-2024" report has been added to ResearchAndMarkets.com's offering.

CFRA upgrades 'dividend aristocrat' Brown-Forman to hold from sell

CFRA upgraded the stock of Jack Daniel's parent Brown Forman Corp. to hold from sell on Tuesday, after the stock reached its price target of $55. Analyst Garrett Nelson said he is lowering his EPS estimates by 3 cents to $1.75 for FY20 and by 15 cents to $1.70 for FY 21. "As a low-beta, more defen…

Jack Daniel's parent Brown-Forman stock reiterated as sell at CFRA after earnings miss and guidance cut

CFRA reiterated its sell rating on shares of Jack Daniel's parent Brown-Forman Corp. on Wednesday, after the company posted weaker-than-expected earnings for its fiscal third quarter and cut guidance for the full year. The company cited global uncertainty and the impact of the coronavirus that has …

Drinks giant Brown-Forman lowers guidance to reflect coronavirus impact

Drinks giant Brown-Forman lowers guidance to reflect coronavirus impact

Jack Daniel's parent Brown-Forman earnings fall short, lowers guidance to reflect coronavirus effect

Jack Daniel's parent Brown-Forman Corp. shares fell 0.5% in premarket trade Wednesday, after the company missed earnings estimates for its fiscal third quarter and lowered guidance to reflect global uncertainty and the effect of the coronavirus. The company said it had net income of $231 million, o…

Jack Daniel’s maker Brown-Forman is unlikely to beat profit estimates this quarter, says this analyst

Jack Daniel’s distributor Brown-Forman is unlikely to beat earnings estimates when it reports fiscal second-quarter earnings on Thursday, after launching a promotional program for its flagship whiskey earlier this year, MKM said Tuesday.
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Brown-Forman Blogs

Former Brown-Forman President Bill Street Passes Away

Louisville, KY – July 26, 2018 — Brown-Forman regrettably announced today the death of former long-time executive William M. Street after a courageous multi-year battle against cancer. Born September 23, 1938 in Louisville, KY to Daniel Street (former president of Brown-Forman) and Frances (Woodruff…

Brown-Forman Board Approves Share Repurchase Authorization of $200 Million

Louisville, KY, July 13, 2018 – Brown-Forman Corporation (NYSE: BFB, BFA) announced that its Board of Directors has approved a $200 million share repurchase authorization, commencing July 13, 2018 through July 12, 2019, subject to market and other conditions. Under the repurchase program, the compan…

Brown-Forman Recognized as Best for Vets: Employers 2018 List; Selection focuses on corporate culture and policy that caters to vets

July 3, 2018, LOUISVILLE, KY – Brown-Forman was named one of the best employers for veterans by Military Times, the trusted source for independent news and information for service members and their families. This is Brown-Forman Corporation’s second year making the “Best for Vets: Employers” list in…

Brown-Forman Reports Strong Fiscal 2018 Results; Expects Momentum to Continue in Fiscal 2019

Louisville, KY, June 6, 2018 – Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its fourth quarter and fiscal year ended April 30, 2018. For the fourth quarter, the company’s reported net sales1 increased 6% to $733 million (+5% on an underlying2 basis) compared to the same p…

Brown-Forman Announces Leadership Succession Plan; Paul Varga to Retire; Lawson Whiting Named Incoming CEO as of January 1, 2019

Louisville, KY, May 29, 2018 – Brown-Forman Corporation (NYSE: BFA, BFB) announced today that after a distinguished 31 years of service at the company, Chief Executive Officer Paul C. Varga has decided to retire, effective December 31, 2018. Varga will be succeeded by Lawson E. Whiting, unanimously …
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Brown-Forman Frequently Asked Questions

  • When was Brown-Forman founded?

    Brown-Forman was founded in 1870.

  • Who are Brown-Forman key executives?

    Brown-Forman's key executives are Lawson Whiting, Matthew E. Hamel and Kirsten Hawley.

  • How many employees does Brown-Forman have?

    Brown-Forman has 4,800 employees.

  • What is Brown-Forman revenue?

    Latest Brown-Forman annual revenue is $3.4 b.

  • What is Brown-Forman revenue per employee?

    Latest Brown-Forman revenue per employee is $700.6 k.

  • Who are Brown-Forman competitors?

    Competitors of Brown-Forman include Bacardi, Remy Cointreau and Pernod Ricard.

  • Where is Brown-Forman headquarters?

    Brown-Forman headquarters is located at 850 Dixie Hwy, Louisville.

  • Where are Brown-Forman offices?

    Brown-Forman has offices in Louisville, Surry Hills, Sofia, Marousi and in 4 other locations.

  • How many offices does Brown-Forman have?

    Brown-Forman has 9 offices.