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Brown–Forman Corporation

Posted on December 3, 2020December 3, 2020

The Brown–Forman Corporation is one of the largest American-owned companies in the spirits and wine business.

Based in Louisville, Kentucky, it manufactures several well known brands throughout the world, including Jack Daniel’s, Early Times, Old Forester, Woodford Reserve, GlenDronach, BenRiach, Glenglassaugh, Finlandia, Herradura, Korbel, and Chambord. Brown–Forman formerly owned Southern Comfort and Tuaca before selling them off in 2016.

As of fiscal 2016 the company had sales of $3.08 billion. The roughly 40 members of the Brown family, cousins that are descendants of founder George Garvin Brown, control more than 70% of the voting shares and in 2016 had a net worth of $12.3 billion.

Traded as:          

  • NYSE: BF.A (Class A)
  • NYSE: BF.B (Class B)
  • S&P 500 component (BF.B)
  • Russell 1000 components

Industry:              Alcoholic drink

Founded:            1870; 150 years ago

Founder:             George Garvin Brown

Headquarters:   Louisville, Kentucky, U.S.

Products:             Distilled beverage;     Wines

Website:              www.brown-forman.com

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