Brown-Forman Reports Solid Underlying Growth; Revises Full Year Outlook

Louisville, KY, March 2, 2016 – Brown-Forman Corporation (NYSE:BFA, BFB) reported financial results for its third quarter and the first nine months of fiscal 2016 ended January 31, 2016. For the third quarter, the company’s reported net sales1 declined 1% to $1,083 million (+4% on an underlying basis2). Reported operating income grew […]

March 2nd, 2016|All|

Brown-Forman Completes Sale of Southern Comfort and Tuaca to Sazerac

Louisville, KY, March 1, 2016 – Brown-Forman Corporation (NYSE: BFA, BFB) announced today that it has completed the sale of the Southern Comfort and Tuaca trademarks to Sazerac for a final purchase price of $542.4 million. The transaction will be discussed in further detail during tomorrow’s conference call following the issuance of the […]

March 1st, 2016|All|