Vintage Wine Estates will try to sell all of its assets as it restructures following a liquidity crisis

MANU, BF.B and JBHT have been added to the Zacks Rank #5 (Strong Sell) List on July 19, 2024.

IIIN, AESI and BF.B have been added to the Zacks Rank #5 (Strong Sell) List on July 17, 2024.

The S&P 500 is up nearly 16% so far this year with dividends reinvested. Artificial intelligence has been the big theme driving gains for Big Tech, especially Nvidia Corp. But 38% of the S&P 500 have had negative returns during the first half of 2024.

For long-term investment opportunities, the Dividend Aristocrats group is especially appealing. These companies have consistently raised their dividends for at least 25 consecutive years.

Hold rating for Brown-Forman Corporation due to challenging macro environment, poor consumer demand, and risk of increased promotion. BFB's 4Q24 results show a decline in net sales, gross margin, and operating profit. Uncertainty in forecasting BFB performance and demand recovery suggests the stock will remain rangebound at current valuation, warranting a hold rating.

It's not easy to find bargain stocks to buy when the stock market regularly keeps hitting new all-time highs. The S&P 500 is sitting above $5,431 at the moment, a 14% gain in 2024 and 23% higher than where it stood 12 months ago.

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today that Diane Nguyen has been named chief people, places, and communications officer and a member of the company's executive leadership team (ELT), effective August 1. Kirsten Hawley, who currently holds this position, announced her intent to retire in May, effective August 9. "I am delighted to welcome Diane to the role of chief people, places, and communications officer and to our executive leadership team,.

Brown-Forman (NYSE: BF-B), known for its Jack Daniel's Tennessee whiskey, recently reported its Q4 fiscal 2024 results (fiscal ends in April), with revenues missing and earnings exceeding the street estimates. The company reported revenue of $964 million and earnings of $0.56 per share, compared to the consensus estimates of $1.05 billion and $0.42, respectively.

Brown-Forman (BF.B) posts lower sales in fourth-quarter fiscal 2024. Net sales dip 5%, on an organic basis, from the prior-year level.

Brown-Forman Corporation (NYSE:BF.B ) Q4 2024 Earnings Conference Call June 5, 2024 10:00 AM ET Company Participants Sue Perram - Vice President, Director Investor Relations Lawson Whiting - President and Chief Executive Officer Leanne Cunningham - Executive Vice President and Chief Financial Officer Conference Call Participants Bryan Spillane - Bank of America Nadine Sarwat - Bernstein Seamus Cassidy - TD Cowen Lauren Lieberman - Barclays Nik Modi - RBC Filippo Falorni - Citi Peter Grom - UBS Operator Good day, and thank you for standing by. Welcome to the Brown-Forman Corporation Fourth Quarter and Fiscal Year 2024 Earnings Results Conference Call.

Brown-Forman B (BF.B) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.43 per share a year ago.