NYSE:BF.BBeverage
Reassessing Brown-Forman (BF.B) Valuation After Canadian Boycott Drives Forecast Net Sales Decline
Brown-Forman (BF.B) is wrestling with an unusual problem, a deep Canadian boycott of U.S. spirits that has driven local sales down about 62%, forcing management to guide for a modest full year net sales decline.
See our latest analysis for Brown-Forman.
Despite the Canada hit and softer quarterly earnings, Brown-Forman shares have shown a 30 day share price return of 11.0% and a 90 day share price return of 12.25%. However, the 1 year total shareholder return of negative 29.22% and 5 year...