Brown–Forman
The Brown–Forman Corporation is an American-based company, one of the largest in the spirits and wine business. Based in Louisville, Kentucky, it manufactures several very well known brands throughout the world, including Jack Daniel's, Old Forester, Woodford Reserve, GlenDronach, BenRiach, Glenglassaugh, Herradura, Korbel, and Chambord. Brown–Forman formerly owned Southern Comfort and Tuaca before selling them off in 2016.
| Company type | Public |
|---|---|
Traded as | |
| Industry | Drink industry |
| Founded | 1870 |
| Founder | George Garvin Brown |
| Headquarters | Louisville, Kentucky, U.S. |
Area served | Worldwide |
Key people |
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| Products |
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| Revenue | US$5.081 billion (2022) |
| US$1.166 billion (2021) | |
Net income | US$0.903 billion (2021) |
| Total assets | US$6.522 billion (2021) |
| Total equity | US$3.963 billion (2021) |
Number of employees | 5,200 (2022) |
| Website | brown-forman |
As of fiscal 2016 the company had sales of $3.08 billion. The roughly 40 members of the Brown family, cousins that are descendants of founder George Garvin Brown, control more than 70% of the voting shares and in 2016 had a net worth of $12.3 billion.
The company is a sponsor of the Brown–Forman Retailer of the Year awards given by the American Beverage Licensees.