-

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:BF.B
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 Fiscal 2026 Results

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its fourth quarter and fiscal year ended April 30, 2026. Fourth quarter reported net sales increased 2%1 to $912 million (+2% on an organic basis2) compared to the same prior-year period. In the quarter, reported operating income decreased 53% to $96 million (flat on an organic basis) and diluted earnings per share decreased 62% to $0.12. For the full year, the company’s reported net sales...

Brown-Forman Declares Cash Dividend

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2310 per share on its Class A and Class B Common Stock. The dividend is payable on July 1, 2026, to stockholders of record on June 10, 2026. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 82 years and has increased the cash dividend for 42 consecuti...

Brown-Forman Fourth Quarter Earnings Release and Conference Call Scheduled for June 4, 2026

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) will release its fourth quarter and fiscal year 2026 financial results on June 4, 2026, by 8:00 a.m. (EDT), followed by a conference call to discuss the results at 10:00 a.m. (EDT). 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 be available on the...
Back to Newsroom