Jack Daniels Doing Nicely, Thankyou

Brown-Forman Corp, sugar daddy to Jack Daniels and a bunch of other brands, has reported better than expected earnings in its most recent quarterly report. The company’s net income was $140.7 million ($.96/share), an increase from $107.9 million ($.73/ share) in the report from a year earlier. Analysts were expecting earnings in the range of … Continued

Early Times Gets Back to Bourbon

The Early Times brand is getting back to its roots with a new bottling they are calling Early Times 354. The brand, owned by Brown-Forman, got out of the bourbon game back in 1983 when they became a Kentucky Whisky (their spelling), allowing themselves more flexibility in the manufacturing process (to be classified a bourbon … Continued

Brown Forman Goes Hard, Ditching Wine

Brown Forman Corp is selling its wine business according to reports. The Wall Street Journal reported on Monday that the company is intending to divest itself of its wine interest to focus on their hard assets like Jack Daniels. We like the grape and the corn here at bourbonhours.com, but we expect we’ll be able … Continued

Brown-Forman Corp Beats Estimates, Raises Outlook

Brown-Forman Corp, parent to Jack Daniels and other spirits, released second quarter results on Thursday that topped analysts estimates. Strong international sales helped profit come in at $1.05 per share while analysts were expecting $1.00. The company also raised its guidance for the remainder of the year, reflecting increasing confidence in the company over the … Continued

Brown-Forman Declares Special Dividend

Brown-Forman Corp, parent company to Jack Daniels, declared a special dividend of $1 per share to holders of the common stock as of Dec. 10. In announcing the dividend, CEO Paul Vargas noted that it “underscores the strength of our company’s balance sheet and cash flows.” What do I want for Christmas this year? How … Continued

Up the Dividends!: Brown Forman Does it Again

Brown-Forman Corp (NYSE – BF-B) has raised the dividend payable on its common shares from .30 to .32 c /share, the company announced today. At the current share price of $64.00, this works out to an annualized return of 2%. The parent company of Jack Daniels has a remarkable record of regular dividend payouts and … Continued

Woodford Reserve Releases New Bottling

The Drinks Business Review is reporting that Woodford Reserve has released a new bourbon in their “Master’s Collection” series, the Maple Wood Finish. This bottling was aged in specially made Sugar Maple barrels, crafted at Brown-Forman’s own cooperage. Other editions in this special release line of bourbons are Four Grain, Sonoma-Cutrer Finish, Sweet Mash and … Continued