Company profile

Ticker
BFB
Exchange
CEO
Lawson E. Whiting
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
610143150

BFB stock data

(
)

Calendar

13 Jun 19
24 Aug 19
30 Apr 20

News

Company financial data Financial data

Quarter (USD) Apr 19 Jan 19 Oct 18 Jul 18
Revenue 947M 1.18B 1.16B 987M
Net income 159M 227M 249M 200M
Diluted EPS 0.33 0.47 0.52 0.41
Net profit margin 16.79% 19.22% 21.45% 20.26%
Operating income 228M 320M 332M 264M
Net change in cash 47M 67M -18M -28M
Cash on hand 307M 260M 193M 211M
Cost of revenue 262M 333M 320M 243M
Annual (USD) Apr 19 Apr 18 Apr 17 Apr 16
Revenue 4.28B 4.2B 3.86B
Net income 835M 717M 669M 1.07B
Diluted EPS 1.73 1.48 1.37 2.09
Net profit margin 19.53% 17.07% 17.35%
Operating income 1.14B 1.05B 1.01B 1.53B
Net change in cash 68M 57M -81M -107M
Cash on hand 307M 239M 182M 263M
Cost of revenue 1.16B 1.05B 973M 945M

Financial data from company earnings reports

Financial report summary

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Risks
  • Our global business is subject to commercial, political, and financial risks, including foreign currency exchange rate fluctuations and corruption risk.
  • Unfavorable economic conditions could negatively affect our operations and results.
  • Tax increases and changes in tax rules could adversely affect our financial results.
  • Our business performance is substantially dependent upon the continued health of the Jack Daniel’s family of brands.
  • Changes in consumer preferences and purchases, any decline in the social acceptability of our products, or governmental adoption of policies disadvantageous to beverage alcohol could negatively affect our business results.
  • Production facility disruption could adversely affect our business.
  • The inherent uncertainty in supply/demand forecasting could adversely affect our business, particularly with respect to our aged products.
  • Higher costs or unavailability of materials could adversely affect our financial results, as could our inability to obtain certain finished goods or to sell used materials.
  • Significant additional labeling or warning requirements or limitations on the availability of our products could inhibit sales of affected products.
  • We face substantial competition in our industry, including many new entrants into spirits; and consolidation among beverage alcohol producers, wholesalers, and retailers, or changes to our route-to-consumer model, could hinder the marketing, sale, or distribution of our products.
  • We might not succeed in our strategies for acquisitions and dispositions.
  • Counterfeiting or inadequate protection of our intellectual property rights could adversely affect our business prospects.
  • Product recalls or other product liability claims could materially and adversely affect our sales.
  • Litigation and legal disputes could expose our business to financial and reputational risk.
  • A cyber breach, a failure or corruption of one or more of our key information technology systems, networks, processes, associated sites, or service providers, or a failure to comply with personal data protection laws could have a material adverse impact on our business.
Management Discussion
  • Cuts and Jobs Act (Tax Act), and (c) an increase in reported operating income. These benefits were partially offset by higher interest expense, which resulted from a new bond issuance in March 2018, and higher non-operating postretirement expense, which resulted from the pension settlement charge described above.
  • 1See “Non-GAAP Financial Measures” above for details on our use of “underlying changes,” including how we calculate these measures and why we think this information is useful to readers.
  • 2We retrospectively adjusted our fiscal 2017 and fiscal 2018 advertising expense, SG&A expense, and operating income as described in Note 2 to the accompanying financial statements and “Reclassifications” above. Our previously disclosed growth rates from fiscal 2017 vs. fiscal 2018 were as follows (reported/underlying): advertising expense (8% / 6%), SG&A expense (15% / 3%), and operating income (5% / 8%).
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade V good
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