Brown-Forman Corporation (BF.B) has been a subject of scrutiny in the market lately. Notable shifts have been noticed including
financial growth backed by
double-digit net sales increase compelling the company to raise their
full year outlook. The organization informs of a
$400 Million Share Repurchase and has declared a
cash dividend for the 39th Consecutive Year. Also notable is the
completion of its acquisition of the Diplomático Rum Brand. Despite these optimistic moves, the company's Q1 profit margin was seen squeezed as
whiskey and tequila sales plunged. Further
fluctuations were seen in their stock performance, with both
rise and fall in the same reporting period. Major changes were made internally including a
leadership change in their European arm and the
election of Mark Clouse and Elizabeth Smith to its Board of Directors. Overall, this paints a mixed yet interesting picture of Brown-Forman's current standing and future potential.
Brown-Forman Corporation Class B BF B News Analytics from Fri, 14 Feb 2014 08:00:00 GMT to Thu, 07 Nov 2024 22:10:00 GMT -
Rating 5
- Innovation 4
- Information 8
- Rumor -3
