Brown-Forman Corporation (BF-B) is witnessing a period of
volatile performance on the market. Despite recording
slow revenue growth and a drop in sales and earnings, the company's stock has had bouts of outperformance. Amidst the uncertainty in Big Tech, some advise investing in Brown-Forman. The company has recently completed the
acquisition of the rum brand, Diplomático. Brown-Forman's
dividend history remains strong, declaring cash dividends and increasing them for the
39th consecutive year. However, the consumer defensive sector performance questions if BF.B is underperforming. The corporation has agreed to sell its Sonoma-Cutrer Vineyards and established equity ownership in The Duckhorn Portfolio, Inc. The Board of Directors saw the election of Mark Clouse and Elizabeth Smith, and the introduction of various stakeholder initiatives.
Market News indicate a close watch on BF.B.
Brown-Forman Corporation Class B BF B News Analytics from Fri, 14 Feb 2014 08:00:00 GMT to Wed, 16 Oct 2024 21:07:00 GMT -
Rating 2
- Innovation -2
- Information 6
- Rumor -5
