Brown-Forman (BF.A) Stock

After record years during the pandemic, Brown-Forman has been facing important headwinds over the last few quarters. The fact that other key competitors are also facing similar challenges is reassuring in a way, as it indicates that the problem is not specific to brands owned by Brown-Forman. The spirits industry has sustained mid-single-digit growth rates for decades, and I view the current weakness not only as temporary, but as an opportunity.

Peter Galbo, BofA Securities analyst, joins CNBC's 'The Exchange' to discuss the impact of the ongoing strike at East and Gulf Coast ports, how long his firm thinks the strike will last, and more.

The dockworkers' strike could impact a number of names in the consumer-staples space, warns Bank of America.

I maintain a hold rating for Brown-Forman Corporation (BF.B) due to a challenging macro environment and weak consumer spending, keeping growth outlook negative. 1Q25 results showed an 8.4% decline in total sales, with significant drops across segments and compressed margins impacting profitability. Management's FY25 organic sales growth guidance of 2-4% seems overly optimistic given the weak underlying demand and cautious distributor behavior.

While the top- and bottom-line numbers for Brown-Forman B (BF.B) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Brown-Forman missed first-quarter profit and sales estimates on Thursday, hurt by higher input costs and weaker demand for its pricey whiskey and spirits.

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.

Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations on Wednesday, as price hikes on its premium whiskey and tequila helped offset waning demand, sending the company's shares up 3% in premarket trading.

It may seem risky to look for blue-chip stocks at a 52-week low. After all, most blue chips are renowned for their ability to trade within a stable range and deliver growth.