StreetInsider.com News Articles

Bernstein sees improving June spirits trends but no recovery yet

Tue, 04 Aug 2026 05:28:51 -0400

Investing.com -- US spirits industry volumes showed improvement in June but remained far from a recovery, according to Bernstein analyst data. June volumes rose 4.8% in NABCA data, marking the strongest monthly performance since October 2024.

The three-month rolling volumes reached 0.6%, though this figure dropped to negative 2.2% when excluding ready-to-drink cocktails. Nielsen data showed a 4.3% increase over 12 weeks ending July 11, driven largely by pre-mixed cocktails. Excluding cocktails, Nielsen volumes fell 4.6%.

Price-mix trends remained negative across channels. All-channel NABCA data showed negative 2.3% price-mix in the three months through June, while Nielsen price-mix was negative 5.2%, or

Bernstein sees improving June spirits trends but no recovery yet

Tue, 04 Aug 2026 05:28:51 -0400

Price-mix trends remained negative across channels. All-channel NABCA data showed negative 2.3% price-mix in the three months through June, while Nielsen price-mix was negative 5.2%, or

Bernstein sees improving June spirits trends but no recovery yet

Tue, 04 Aug 2026 05:28:51 -0400

Price-mix trends remained negative across channels. All-channel NABCA data showed negative 2.3% price-mix in the three months through June, while Nielsen price-mix was negative 5.2%, or

Bernstein sees improving June spirits trends but no recovery yet

Tue, 04 Aug 2026 05:28:51 -0400

Price-mix trends remained negative across channels. All-channel NABCA data showed negative 2.3% price-mix in the three months through June, while Nielsen price-mix was negative 5.2%, or

Bernstein sees improving June spirits trends but no recovery yet

Tue, 04 Aug 2026 05:28:51 -0400

Price-mix trends remained negative across channels. All-channel NABCA data showed negative 2.3% price-mix in the three months through June, while Nielsen price-mix was negative 5.2%, or

Bernstein sees improving June spirits trends but no recovery yet

Tue, 04 Aug 2026 05:28:51 -0400

Price-mix trends remained negative across channels. All-channel NABCA data showed negative 2.3% price-mix in the three months through June, while Nielsen price-mix was negative 5.2%, or

Citi Adjusts Catalyst Watch List

Mon, 03 Aug 2026 08:23:44 -0400

Citi Adjusts Catalyst Watch List

ADD:
- Brown-Forman (NYSE: BF-B) added to 90-day downside catalyst watch.
- Applied Materials (NASDAQ: AMAT) added to 30-Day upside catalyst watch.
REMOVE:
- Micron Technology (NASDAQ: MU) removed from 90-day upside catalyst watch

Citi Adjusts Catalyst Watch List

Mon, 03 Aug 2026 08:23:44 -0400

Citi Adjusts Catalyst Watch List

ADD:
- Brown-Forman (NYSE: BF-B) added to 90-day downside catalyst watch.
- Applied Materials (NASDAQ: AMAT) added to 30-Day upside catalyst watch.
REMOVE:
- Micron Technology (NASDAQ: MU) removed from 90-day upside catalyst watch

Citi Adjusts Catalyst Watch List

Mon, 03 Aug 2026 08:23:44 -0400

Citi Adjusts Catalyst Watch List

ADD:
- Brown-Forman (NYSE: BF-B) added to 90-day downside catalyst watch.
- Applied Materials (NASDAQ: AMAT) added to 30-Day upside catalyst watch.
REMOVE:
- Micron Technology (NASDAQ: MU) removed from 90-day upside catalyst watch

Brown-Forman board rejects unsolicited Sazerac acquisition bid

Mon, 27 Jul 2026 06:04:19 -0400

Brown-Forman Corporation (NYSE: BF-A, BF-B) said its board of directors has received and rejected an unsolicited acquisition proposal from Sazerac, concluding the offer is "not actionable."

Wolf Pen Branch, LP, a group of Brown family members that holds the majority of Brown-Forman Class A shares, said the proposal does not align with their vision for the company's future. "As fourth-, fifth- and sixth-generation shareholders of Brown-Forman, we care deeply about the company – its brands, its people, and its culture," the group said in a statement. "We have concluded that Sazerac's proposal does not align with this vision for Brown-Forman's future."

Marshall

Brown-Forman board rejects unsolicited Sazerac acquisition bid

Mon, 27 Jul 2026 06:04:19 -0400

Brown-Forman Corporation (NYSE: BF-A, BF-B) said its board of directors has received and rejected an unsolicited acquisition proposal from Sazerac, concluding the offer is "not actionable."

Marshall

Brown-Forman declares quarterly dividend, elects directors at annual meeting

Thu, 23 Jul 2026 16:17:50 -0400

Brown-Forman Corporation (NYSE: BF-A, BF-B) held its annual stockholder meeting, during which shareholders elected the board-recommended slate of directors, approved executive compensation on a non-binding advisory basis, and ratified Ernst & Young LLP as the company's independent auditor for fiscal 2027.

Following the meeting, the board approved a quarterly cash dividend of $0.2310 per share on both Class A and Class B Common Stock, payable October 1, 2026, to stockholders of record as of September 3, 2026. The Louisville, Kentucky-based spirits company has paid regular quarterly cash dividends for 82 consecutive years and has increased its regular cash dividend for 42

Brown-Forman declares quarterly dividend, elects directors at annual meeting

Thu, 23 Jul 2026 16:17:50 -0400

Brown-Forman declares quarterly dividend, elects directors at annual meeting

Thu, 23 Jul 2026 16:17:50 -0400

Brown-Forman declares quarterly dividend, elects directors at annual meeting

Thu, 23 Jul 2026 16:17:50 -0400

TD Cowen Reiterates Hold Rating on Brown Forman (BF-B)

Tue, 14 Jul 2026 08:30:55 -0400

TD Cowen analyst Seamus Cassidy reiterated a Hold rating and $29.00 price target on Brown Forman (NYSE: BF-B).

The analyst commented: "Passing The Bottle: Brown-Forman Begins Search For Next CEO; Brown-Forman announced that CEO Lawson Whiting will retire upon the appointment of a successor, with the Board commencing a formal search process that will evaluate both internal and external candidates. Whiting, who has spent nearly 30 years with the company and served as CEO since 2019, will remain in his current role throughout the transition. BF/B also reiterated its FY27 outlook.

Our Take: While the news does not change the challenging near-term

Brown-Forman CEO Lawson Whiting to retire after nearly 30 years

Mon, 13 Jul 2026 16:42:51 -0400

Brown-Forman Corporation (NYSE: BF-A, BF-B) announced that President and Chief Executive Officer Lawson Whiting will retire, effective upon the appointment of a successor.

The company's Board of Directors has initiated a search process that will consider both internal and external candidates. The process will be led by the Corporate Governance and Nominating Committee, chaired by Tracy Skeans. Whiting will remain available in an advisory capacity following the appointment of a successor to support the transition.