The Brown–Forman Corporation is an American company, one of the largest in the spirits and wine business. Based in Louisville, Kentucky, it manufactures several well known brands throughout the world, including Jack Daniels, Old Forester, Woodford Reserve, GlenDronach, BenRiach, Glenglassaugh, Finlandia, Herradura, Korbel, and Chambord.
Company profile
Ticker
BF.A, BF.B
Exchange
Website
CEO
Lawson Whiting
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Amercain Investments, C.V. • AMG Trading, L.L.C. • The BenRiach Distillery Company Limited • Brown-Forman Australia • Brown-Forman Beverages Europe, Ltd. • Brown-Forman Beverages Japan, L.L.C. • Brown-Forman Beverages Worldwide • Brown-Forman Deutschland GmbH • Brown-Forman Holding Mexico S.A. de C.V. • Brown-Forman Hungary 1 Kft. ...
IRS number
610143150
BF.A stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
6 Mar 24
8-K
Brown-forman Reports Year-to-date Fiscal 2024 Results; Updates Full Year Outlook
6 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
26 Jan 24
8-K
Brown-forman Announces General Counsel Transition
10 Jan 24
10-Q
2024 Q2
Quarterly report
6 Dec 23
8-K
Brown-forman Reports First Half Fiscal 2024 Results; Revises Full Year Outlook
6 Dec 23
8-K/A
Submission of Matters to a Vote of Security Holders
16 Nov 23
8-K
Brown-forman Board Approves Share Repurchase Authorization of $400 Million
2 Oct 23
10-Q
2024 Q1
Quarterly report
30 Aug 23
8-K
Brown-forman Reports First Quarter Fiscal 2024 Results; Reaffirms Full Year Outlook
30 Aug 23
Transcripts
BF.A
Earnings call transcript
2024 Q1
30 Aug 23
BF.A
Earnings call transcript
2023 Q4
7 Jun 23
BF.A
Earnings call transcript
2023 Q3
8 Mar 23
BF.A
Earnings call transcript
2023 Q2
7 Dec 22
BF.A
Earnings call transcript
2023 Q1
31 Aug 22
BF.A
Earnings call transcript
2022 Q4
8 Jun 22
BF.A
Earnings call transcript
2022 Q3
3 Mar 22
BF.A
Earnings call transcript
2022 Q2
8 Dec 21
BF.A
Earnings call transcript
2022 Q1
1 Sep 21
BF.A
Earnings call transcript
2021 Q4
9 Jun 21
Latest ownership filings
4
Lawson E Whiting
13 Mar 24
SC 13G/A
Fundsmith LLP
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
4
Matthew E Hamel
1 Feb 24
4
Stuart R Brown
9 Jan 24
4
Matthew E Hamel
2 Nov 23
SC 13G/A
VANGUARD GROUP INC
10 Oct 23
3
Elizabeth M Brown
4 Aug 23
4
Leanne D Cunningham
31 Jul 23
4
Lawson E Whiting
31 Jul 23
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Apr 23 | Apr 22 | Apr 21 | Apr 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 390.00 mm | 390.00 mm | 390.00 mm | 390.00 mm | 390.00 mm | 390.00 mm |
Cash burn (monthly) | 15.33 mm | 58.83 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 75.93 mm | 291.34 mm | n/a | n/a | n/a | n/a |
Cash remaining | 314.07 mm | 98.66 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 20.5 | 1.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
73.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 483 |
Opened positions | 49 |
Closed positions | 170 |
Increased positions | 178 |
Reduced positions | 155 |
13F shares | Current |
---|---|
Total value | 6.73 tn |
Total shares | 123.95 mm |
Total puts | 16.40 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 31.74 mm | $1.81 tn |
Fundsmith | 11.65 mm | $665.37 bn |
STT State Street | 11.32 mm | $648.68 bn |
Fundsmith Investment Services | 4.01 mm | $229.21 bn |
Champlain Investment Partners | 3.48 mm | $198.57 bn |
MS Morgan Stanley | 2.79 mm | $159.51 bn |
IVZ Invesco | 2.65 mm | $151.29 bn |
MCQEF Macquarie | 2.56 mm | $146.37 bn |
PFG Principal Financial Group Inc - Registered Shares | 2.53 mm | $144.30 bn |
WFC Wells Fargo & Co. | 2.53 mm | $144.22 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Whiting Lawson E | Class B Common | Payment of exercise | Dispose F | No | No | 55.16 | 12,617 | 695.95 k | 28,428 |
12 Mar 24 | Whiting Lawson E | Class B Common | Option exercise | Acquire M | No | No | 35.603 | 15,601 | 555.44 k | 41,045 |
12 Mar 24 | Whiting Lawson E | Stock Appreciation Right Class B Common | Option exercise | Dispose M | No | No | 35.603 | 15,601 | 555.44 k | 0 |
31 Jan 24 | Hamel Matthew E | Class B Common | Payment of exercise | Dispose F | No | No | 56.11 | 6,493 | 364.32 k | 36,555 |
31 Jan 24 | Hamel Matthew E | Class B Common | Option exercise | Acquire M | No | No | 35.603 | 8,538 | 303.98 k | 33,805 |
31 Jan 24 | Hamel Matthew E | Stock Appreciation Right Class B Common | Option exercise | Dispose M | No | No | 35.603 | 8,538 | 303.98 k | 8,541 |
5 Jan 24 | Brown Stuart R | Class A Common | Gift | Dispose G | No | No | 0 | 2,020 | 0.00 | 43,139 |
15 Dec 23 | Brown Stuart R | Class B Common | Gift | Acquire G | Yes | No | 0 | 581 | 0.00 | 12,071 |
31 Oct 23 | Hamel Matthew E | Class B Common | Payment of exercise | Dispose F | No | No | 55.23 | 6,902 | 381.20 k | 25,267 |
31 Oct 23 | Hamel Matthew E | Class B Common | Option exercise | Acquire M | No | No | 35.603 | 8,538 | 303.98 k | 32,169 |