Brown-Forman (BF-A)

Company Profile

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

NYSE

Website

www.brown-forman.com/

CEO

Lawson Whiting

Incorporated

Location

Fiscal year end

Industry (SIC)

Stratasys • Arcos Dorados • Grand Canyon Education • Intapp • Vintage Wine Estates • Zoom Video Communications • Better World Acquisition • Seres Therapeutics • Talphera • Sprout Social ...

SEC CIK

0000014693

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

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 Worldwide • Brown-Forman Deutschland GmbH • Brown-Forman Holding Mexico S.A. de C.V. • Brown-Forman Hungary 1 Kft. • Brown-Forman Korea Ltd. ...

IRS number

610143150

BF-A stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

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29 Aug 24

Brown-forman Reports First Quarter Fiscal 2025 Results; Reaffirms Full Year Growth Outlook

29 Aug 24

8-K

Brown-forman Stockholders Elect Directors and Board Approves Cash Dividend

21 Jun 24

Annual report to shareholders

14 Jun 24

Brown-forman Reports Fiscal 2024 Results

5 Jun 24

8-K

Brown-forman Announces Emerging International Leadership Change

8 May 24

8-K

Departure of Directors or Certain Officers

6 Mar 24

Transcripts

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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

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SC 13D/A

Duckhorn Portfolio, Inc.

8 Oct 24

Diane F Nguyen

8 Aug 24

William Austin Musselman Jr

Financial summary

Financial statements Chart BF-A financial data

Quarter (USD)	Jul 24	Apr 24	Jan 24	Oct 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 24	Apr 23	Apr 22	Apr 21
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)	426.00 mm	426.00 mm	426.00 mm	426.00 mm	426.00 mm	426.00 mm
Cash burn (monthly)	10.00 mm	833.33 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	30.79 mm	2.57 mm	n/a	n/a	n/a	n/a
Cash remaining	395.21 mm	423.43 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	39.5	508.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

BF-A institutional ownership history Ownership history

57.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	580	593	-2.2%
Opened positions	81	73	+11.0%
Closed positions	94	82	+14.6%
Increased positions	199	174	+14.4%
Reduced positions	214	246	-13.0%

13F shares	Current	Prev Q	Change
Total value	6.95 tn	7.86 tn	-11.6%
Total shares	173.66 mm	159.32 mm	+9.0%
Total puts	335.80 k	192.60 k	+74.4%
Total calls	275.70 k	155.30 k	+77.5%
Total put/call ratio	1.2	1.2	-1.8%

Largest owners	Shares	Value	Change
Vanguard	31.36 mm	$1.35 tn	-0.2%
BLK BlackRock	13.88 mm	$599.49 bn	-9.6%
STT State Street	12.14 mm	$527.09 bn	+7.7%
Fundsmith	11.14 mm	$481.08 bn	-2.8%
Champlain Investment Partners	5.06 mm	$218.64 bn	+39.0%
Van Eck Associates	4.38 mm	$189.06 mm	+2885.7%
Geode Capital Management	4.15 mm	$178.58 bn	-0.9%
Wellington Management	3.85 mm	$166.42 bn	+153.3%
Charles Schwab Investment Management	3.85 mm	$166.07 bn	NEW
IVZ Invesco	3.64 mm	$157.05 bn	+21.8%

Largest transactions	Shares	Bought/sold	Change
Van Eck Associates	4.38 mm	+4.23 mm	+2885.7%
Charles Schwab Investment Management	3.85 mm	+3.85 mm	NEW
Wellington Management	3.85 mm	+2.33 mm	+153.3%
Norges Bank	2.07 mm	+2.07 mm	NEW
Glenview Trust	2.42 mm	+1.81 mm	+294.2%
GS The Goldman Sachs Group, Inc.	2.97 mm	+1.79 mm	+151.2%
Lazard Asset Management	1.75 mm	+1.75 mm	NEW
BLK BlackRock	13.88 mm	-1.47 mm	-9.6%
Champlain Investment Partners	5.06 mm	+1.42 mm	+39.0%
BEN Franklin Resources	22.09 k	-1.39 mm	-98.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BF-A insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
25 Jul 24	Todman Michael	Deferred Stock Units Class A Common	Grant	Acquire A	No	No	3,370.298	29,097.368
25 Jul 24	Tracy L Skeans	Deferred Stock Units Class A Common	Grant	Acquire A	No	No	3,370.298	24,761.412
25 Jul 24	Smith Elizabeth A	Deferred Stock Units Class A Common	Grant	Acquire A	No	No	5,109.807	10,052.596
25 Jul 24	Jan Singer	Deferred Stock Units Class A Common	Grant	Acquire A	No	No	3,370.298	8,717.492

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.