Brown Forman: latest news, analysis and trading updates | ESM Magazine

Jack Daniel's Maker Brown-Forman Beats Quarterly Profit Estimates On Price Hikes

Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations, as price hikes on its premium whiskey and tequila helped offset waning demand.

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What Would Donald Trump’s Re-Election Mean For Spirits Industry Tariffs?

Barclays has explored what a second Trump presidency might mean for the drinks industry, specifically with regard to tariffs on spirits imports.

Corona Beer Maker Constellation Brands Forecasts Annual Profit Above Estimates

Constellation Brands forecast annual profit above Wall Street expectations, banking on resilient demand for its core beer brands despite sticky inflation.

Jack Daniel's-Maker Brown-Forman Cuts Annual Organic Sales Forecast

Jack Daniel's maker Brown-Forman has cut its organic net sales forecast for fiscal 2024, a sign that higher prices are weighing on the demand for its...

Constellation Brands Misses Quarterly Sales Estimates On Tepid Wine, Spirits Demand

Corona beer maker Constellation Brands' third-quarter sales fell short of market expectations, as demand for its higher-priced spirits and wines slowed dow...

Jack Daniel's-Maker Brown-Forman Cuts Annual Sales Forecast As Demand Softens

Brown-Forman cut net sales forecast for 2024 as cost-conscious consumers looked at cheaper alternatives to the whisky-maker's more pricier brands in the Un...

Constellation Brands Lifts Profit Forecast On Higher Pricing

Constellation Brands has raised its annual profit target after topping sales expectations for the second quarter, riding on higher prices and strong d...

Brown-Forman Misses Profit Estimate As Costs Pinch Amid Tepid Demand

Jack Daniel's maker Brown-Forman missed quarterly profit expectations, hurt by higher input costs and sluggish demand for its pricier whiskeys like Woodfor...