Tag Archive: Southern Comfort
Brown-Forman’s Net Sales Fall By 3% In H1 As Strong Dollar Negates Underlying Growth
Brown-Forman achieved strong underlying sales growth in the first half of its fiscal 2016, but the strong dollar hurt the company’s performance outside the U.S., where it now does 60% of its business. Continue reading →
Posted in News on December 2, 2015Brown-Forman Reportedly Exploring Sale Of Southern Comfort, Chambord
Brown-Forman is considering a sale of several brands, including the Southern Comfort and Chambord liqueur labels, according to a report from Reuters, which added that the company has tapped Goldman Sachs to advise on the potential deal. Continue reading →
Posted in News on September 30, 2015News Briefs for March 10, 2015
•E.&J. Gallo has acquired exclusive rights to distribute Italy’s Pieropan wines in the U.S., effective May 9. Continue reading →
Posted in News on March 10, 2015Exclusive: Brown-Forman Remakes, Extends Southern Comfort In Turnaround Effort
After a difficult period in which it has faced pressure from the flavored whiskey segment and a general slowdown in the on-premise, Brown-Forman’s Southern Comfort brand is going back on the offensive. Continue reading →
Posted in News on February 5, 2015Top Liqueur Brands Try New Strategies to Restore Growth
The U.S. liqueur market has been on an impressive upswing of late, advancing by more than 5% in 2013 and enjoying similar results this year. Continue reading →
Posted in News on December 31, 2014Brown-Forman’s Sales Up 5% In Its Fiscal First Half, But Strong Dollar Impacts Earnings
Brown-Forman achieved solid sales growth in its recently completed fiscal second quarter, but its net income of $208 million, or 97 cents a share, fell about 8% shy of analysts’ consensus projection of $1.05. Continue reading →
Posted in News on December 3, 2014