On The Record

I am delighted to welcome someone of Dearie's calibre to the executive leadership team. " - Ian Johnston
Foster's appoints Australasian wine boss

David's appointment completes the renewal of operational leadership required for the fundamental transformation of our business." - Ian Johnston
AUS: Foster's appoints Australasian wine chief

His combination of global drinks industry expertise and wine business understanding uniquely qualifies David to lead [our] Australasian business," - Ian Crawford
Foster's poaches drinks veteran to boost wine unit

We were able to deliver strong earnings growth despite significant global economic and foreign exchange headwinds."
Brown-Forman posts lower 4Q profit

We are assuming that the business challenges and uncertainty of today will persist during fiscal 2010. While we expect foreign exchange to negatively affect reported earnings and recognise the possibility that further inventory reductions may occur, we are targeting modest growth in underlying operating income." - Paul Varga
US: Brown-Forman FY sales, profits fall on tough Q4

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Web News and Blogs

FACTBOX-Steps by beverage companies to conserve water 
Reuters Group PLC  Jun 15,'09

June 16 (Reuters) - In the face of increasing global water scarcity, beverage companies are taking steps to conserve this resource. Following are some of the measures: BEVERAGE INDUSTRY ENVIRONMENTAL ROUNDTABLE (BIER) - With members like Coca-Cola ( KO.


Couples split asunder on retirement plans 
Financial News USA  Jun 12,'09

Retirement industry news provided by Financial News USA. MILWAUKEE (AP) -- The recession keeps cutting into consumer drinking, Brown-Forman Corp. said Wednesday, as it announced its fiscal fourth-quarter profit fell 20 percent, hurt by costs related to job cuts and distributors' inventory cuts -- taken in response to consumers reducing their spending on big sellers like Jack Daniel's


Correction: Brown-Forman Earns story 
WTOP  Jun 11,'09

In a June 10 story about Brown-Forman Corp.'s earnings, The Associated Press reported erroneously that its Jack Daniel's Tennessee Whiskey brand lost case volume in fiscal 2009. The brand's case volume was up less than 1 percent, not down 2.1 percent.


Cherokee earnings lower on weak demand 
Canadian Business Online  Jun 10,'09

The recession keeps cutting into consumer drinking, Brown-Forman Corp. said, as it announced its fiscal fourth-quarter profit fell 20 percent, hurt by costs related to job cuts and distributors' inventory cuts — taken in response to consumers reducing their spending on big sellers like Jack Daniel's Tennessee Whiskey.


Brown-Forman 4Q profit falls as sales slide 
StarTelegram.com  Jun 10,'09

Brown-Forman Corp. said Wednesday that its fiscal fourth-quarter profit fell 20 percent, mostly hurt by costs related to job cuts and distributor inventory reductions. Still, the results from the maker of Jack Daniels Tennessee Whiskey and other liquors still beat Wall Street's expectations.


Earnings Preview for June 8 - 12 - Zacks.com 
Zacks Equity Research Analyst Blog  Jun 6,'09

Earnings Preview for June 8 - 12 Zacks.com, IL On the economic front, the Fed will release its periodic Beige Book on Wednesday afternoon. The next morning we will get May retail sales numbers from the Commerce Department. Three Fed officials are scheduled to speak. Governor Daniel Tarullo will ...

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