Docoh
Loading...

BF.A Brown-Forman

Brown-Forman Corp. engages in the production and distribution of alcoholic beverages. The firm offers whiskey, scotch, tequila, vodka, liquer, and wine. Its brands include Jack Daniel, Woodford Reserve, Old Forester, Early Times, Canadian Mist, Coopers' Craft, Slane Irish, Finlandia, Korbel, El Jimador, Sonoma Cutrer, and Chambord. The company was founded by George Garvin Brown III in 1870 and is headquartered in Louisville, KY.

Company profile

Ticker
BF.A, BF.B
Exchange
CEO
Lawson Whiting
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
610143150

BF.A stock data

(
)

Calendar

3 Mar 21
17 Apr 21
30 Apr 21
Quarter (USD)
Jan 21 Oct 20 Jul 20 Apr 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Apr 20 Apr 19 Apr 18 Apr 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
15 Mar 21 Alvarez Alejandro A Class B Common Sell Dispose S No No 72.2332 5,379 388.54K 2,326
15 Mar 21 Alvarez Alejandro A Class B Common Payment of exercise Dispose F No No 71.91 5,210 374.65K 7,705
15 Mar 21 Alvarez Alejandro A Class B Common Option exercise Aquire M No No 18.217 10,589 192.9K 12,915
15 Mar 21 Alvarez Alejandro A Stock Appreciation Right Class B Common Option exercise Dispose M No No 18.217 10,589 192.9K 0
29 Jan 21 Hamel Matthew E Class B Common Payment of exercise Dispose F No No 74.13 7,421 550.12K 10,421
29 Jan 21 Hamel Matthew E Class B Common Option exercise Aquire M No No 18.217 15,245 277.72K 64,215
29 Jan 21 Hamel Matthew E Stock Appreciation Right Class B Common Option exercise Dispose M No No 18.217 15,245 277.72K 15,245
15 Jan 21 Whiting Lawson E Class B Common Payment of exercise Dispose F No No 73.46 13,129 964.46K 11,632
15 Jan 21 Whiting Lawson E Class B Common Option exercise Aquire M No No 18.217 21,848 398.01K 24,761
15 Jan 21 Whiting Lawson E Stock Appreciation Right Class B Common Option exercise Dispose M No No 18.217 21,848 398.01K 0

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

83.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 613 602 +1.8%
Opened positions 65 66 -1.5%
Closed positions 54 40 +35.0%
Increased positions 214 189 +13.2%
Reduced positions 215 226 -4.9%
13F shares
Current Prev Q Change
Total value 11.26B 10.35B +8.8%
Total shares 141.79M 137.43M +3.2%
Total puts 16.8K 10.6K +58.5%
Total calls 123.7K 124.1K -0.3%
Total put/call ratio 0.1 0.1 +59.0%
Largest owners
Shares Value Change
Vanguard 23.18M $1.84B +4.6%
BLK Blackrock 16.15M $1.28B +7.6%
STT State Street 9.92M $789.7M -4.9%
Brown Advisory 7.45M $591.48M +0.5%
Brown Brothers Harriman & Co 3.99M $316.79M -4.6%
Geode Capital Management 3.28M $260.07M +0.3%
WFC Wells Fargo & Co. 2.67M $211.91M +13.8%
APG Asset Management 2.6M $206.13M +1.4%
NTRS Northern Trust 2.29M $182.22M -3.1%
IVZ Invesco 2.28M $180.77M -0.7%
Largest transactions
Shares Bought/sold Change
Norges Bank 1.72M +1.72M NEW
BLK Blackrock 16.15M +1.15M +7.6%
Vanguard 23.18M +1.01M +4.6%
Champlain Investment Partners 0 -835.81K EXIT
STT State Street 9.92M -507.06K -4.9%
Millennium Management 685.91K +484.11K +239.9%
Citadel Advisors 12.19K -363.4K -96.8%
WFC Wells Fargo & Co. 2.67M +323.59K +13.8%
JPM JPMorgan Chase & Co. 642.02K -299.77K -31.8%
Kayne Anderson Rudnick Investment Management 836.21K +262.18K +45.7%

Financial report summary

?
Management Discussion
  • •We delivered reported net sales of $2.6 billion, essentially flat compared to the same period last year. Excluding an estimated net decrease in distributor inventories, we grew underlying net sales 2% for the nine months ended January 31, 2021. Net sales for our markets and brands were affected by COVID-19 during the first nine months of fiscal 2021. Underlying growth was driven by (a) JD RTDs; (b) our premium bourbon brands, led by Woodford Reserve and Old Forester; (c) the continued international launch of JDTA; (d) broad-based growth of JDTH; and (e) our tequila brands, fueled by volume growth of New Mix. These gains were partially offset by declines on JDTW in (a) the on-premise (representing approximately 20% of our business prior to COVID-19) as a result of the restrictions in the channel, (b) our Travel Retail channel as a result of travel bans and other restrictions, and (c) certain emerging markets reflecting the lack of tourism and consumers trading down from premium spirit categories. From a geographic perspective, the United States and developed international markets led the underlying net sales growth with certain emerging markets also contributing. These gains were partially offset by a decline in underlying net sales in our Travel Retail channel, certain other emerging markets, and sales of used barrels.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Good
New words: evidence, expanded, fruit, gather, heavy, lack, modestly, momentum, multiple, partner, spirit, tourism, Zealand
Removed: comprised, ordinary, proportionate, variety