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

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...

Molson Coors Raises Annual Forecast On Strong Demand For Premium Beers

Molson Coors Beverage has raised its annual sales and profit forecasts, boosted by strong demand for its core brands Miller Lite and Coors Light.

Coca-Cola HBC To Buy Finlandia Vodka Owner

Coca-Cola HBC AG said that it plans to buy Finlandia vodka brand owner Brown-Forman Finland Oy from Brown-Forman Netherlands BV for $220 million (€201...