Brown-Forman Reports 4% Second Quarter Operating Income Growth in Challenging Economic Environment; EPS Growth of 13%

Louisville, KY, December 5, 2008 – Brown-Forman Corporation reported that diluted earnings per share from continuing operations  increased 13% to $0.94 and operating income increased 4% to $222 million for its fiscal 2009 second quarter.  For the first six months of the fiscal year, diluted earnings per share increased 5% to $1.52, while operating […]

December 5th, 2008|Earnings|

Brown-Forman Announces $250 Million Share Repurchase Plan

Louisville, KY, December 4, 2008 – Brown-Forman Corporation (NYSE: BFB, BFA) announced that its Board of Directors has authorized the repurchase of up to $250 million of its outstanding Class A and Class B common shares over the next 12 months, subject to market conditions. Under this plan, the company can repurchase shares from […]

December 4th, 2008|Corporate|

Brown-Forman to Divest Italian Wines

Louisville, KY, December 1, 2008 – Brown-Forman announced today the sale of its Bolla and Fontana Candida Italian wine brands to Gruppo Italiano Vini (GIV), the Italian company with which Brown-Forman has worked for many years.Brown-Forman Chief Executive Officer Paul Varga said the decision reflects the company’s evolving portfolio strategy and a continuation of […]

December 1st, 2008|Corporate|