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OFFON

BROWN-FORMAN CORPORATION

(BF.B)
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Brown-Forman Statement: U.S.-EU Trade Agreement

10/31/2021 | 01:35pm EST

“Brown-Forman applauds the Biden Administration for today’s announcement between the U.S. and the EU regarding steel and aluminum tariffs. This agreement delivers on the Administration’s promise to rebuild the Transatlantic alliance by removing tariffs on American whiskey and other U.S. exports, which have been in place now for more than three years.

“We would like to thank Commerce Secretary Gina Raimondo, Ambassador Katherine Tai, their counterparts in the EU, and lawmakers on both sides of the aisle for their efforts in helping reach this positive resolution.

“Brown-Forman looks forward to the return of a level playing field on January 1, 2022, and continued international growth for American Whiskey. We hope a similar outcome can soon be achieved between the U.S. and the UK.”

-- Lawson Whiting, President and Chief Executive Officer, Brown-Forman Corporation

For over 150 years, Brown‑Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Tennessee Whiskey, Jack Daniel’s Tennessee RTDs, Jack Daniel’s Tennessee Honey, Jack Daniel’s Tennessee Fire, Jack Daniel’s Tennessee Apple, Gentleman Jack, Jack Daniel’s Single Barrel, Woodford Reserve, Old Forester, Coopers’ Craft, GlenDronach, Benriach, Glenglassaugh, Slane, Herradura, el Jimador, New Mix, Korbel, Sonoma‑Cutrer, Finlandia, Chambord, and Fords Gin. Brown‑Forman’s brands are supported by approximately 4,700 employees and sold in more than 170 countries worldwide. For more information about the company, please visit https://www.brown-forman.com/.


ę Business Wire 2021
All news about BROWN-FORMAN CORPORATION
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Analyst Recommendations on BROWN-FORMAN CORPORATION
More recommendations
Financials (USD)
Sales 2022 3 712 M - -
Net income 2022 797 M - -
Net Debt 2022 1 506 M - -
P/E ratio 2022 40,2x
Yield 2022 2,62%
Capitalization 30 928 M 30 928 M -
EV / Sales 2022 8,74x
EV / Sales 2023 8,19x
Nbr of Employees 4 700
Free-Float -
Chart BROWN-FORMAN CORPORATION
Duration : Period :
Brown-Forman Corporation Technical Analysis Chart | BF.B | US1156372096 | MarketScreener
Technical analysis trends BROWN-FORMAN CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Last Close Price 66,34 $
Average target price 72,89 $
Spread / Average Target 9,87%
EPS Revisions
Managers and Directors
Lawson E. Whiting President, Chief Executive Officer & Director
Leanne Dean Cunningham Chief Financial Officer
Campbell P. Brown Chairman
Tim Nall SVP, Chief Information & Advanced Analytics Office
Patrick Bousquet-Chavanne Independent Director
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