-

Brown-Forman Statement on U.S. and U.K. Tariff Agreement

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman issued this statement regarding the tariff agreement announced today.

“Brown-Forman commends the Biden Administration for today’s tariff agreement with the United Kingdom. As a result of the agreement, American whiskey will again enjoy tariff-free trade between the U.S. and the U.K. as of June 1, 2022. Today’s announcement follows the removal of the EU’s tariff on American whiskey on January 1, 2022.

“We would like to thank Commerce Secretary Gina Raimondo, Ambassador Katherine Tai, U.K. Secretary of State for International Trade Anne-Marie Trevelyan, U.K. International Trade Minister Penny Mordaunt, U.K. Ambassador to the U.S. Karen Pierce, and their teams, as well as lawmakers in the U.S. and in the U.K. for their efforts to achieve this positive outcome.

“As the leading producer of American whiskey, Brown-Forman appreciates the Administration’s unwavering commitment to rebuilding the Transatlantic alliance. The removal of tariffs on American whiskey and other U.S. exports creates more opportunities for the continued international growth of our American-made products.”

Lawson Whiting
President and Chief Executive Officer
Brown-Forman Corporation

Contacts

ELIZABETH CONWAY
DIRECTOR
EXTERNAL COMMUNICATIONS
502-774-7737
ELIZABETH_CONWAY@B-F.COM

SUE PERRAM
DIRECTOR
INVESTOR RELATIONS
502-774-6862
SUE_PERRAM@B-F.COM

Brown-Forman Corporation

NYSE:BFA BFB
Details
Headquarters: Louisville, KY
CEO: Lawson Whiting
Employees: 5,400
Organization: PUB
Revenues: 4,200,000,000.00 (2024)
Net Income: 1,400,000,000.00 (2024)

Release Versions

Contacts

ELIZABETH CONWAY
DIRECTOR
EXTERNAL COMMUNICATIONS
502-774-7737
ELIZABETH_CONWAY@B-F.COM

SUE PERRAM
DIRECTOR
INVESTOR RELATIONS
502-774-6862
SUE_PERRAM@B-F.COM

More News From Brown-Forman Corporation

Brown-Forman Reports First Half Fiscal 2026 Results; Reaffirms Full Year Outlook

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its second quarter and first half of fiscal 2026, ended October 31, 2025. Second quarter reported net sales decreased 5%1 to $1.0 billion (-2% on an organic basis2) compared to the same prior-year period. In the quarter, reported operating income decreased 10% to $305 million (-9% on an organic basis) and diluted earnings per share decreased 14% to $0.47. For the first six months of the fi...

Brown-Forman Increases Cash Dividend for 42nd Consecutive Year

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 2% to the quarterly cash dividend from $0.2265 per share to $0.2310 per share on its Class A and Class B Common Stock. As a result, the indicated annual cash dividend will rise from $0.9060 per share to $0.9240 per share. The dividend is payable on January 2, 2026, to stockholders of record on December 5, 2025. Brown‑Forman’s President and Chief Executi...

Brown-Forman Second Quarter Earnings Release and Conference Call Scheduled for December 4, 2025

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) will release its second quarter and first half of fiscal year 2026 financial results on December 4, 2025, by 8:00 a.m. (EST), followed by a conference call to discuss the results at 10:00 a.m. (EST). A live audio broadcast of the conference call will be available via Brown-Forman’s website, brown-forman.com, through a link to "Investors/Events & Presentations." A digital audio recording of the conference call will b...
Back to Newsroom