|Exchange:||New York Stock Exchange|
|Industry:||Beverages - Wineries & Distilleries|
|Brown-Forman Corporation was incorporated under the laws of the State of Delaware in 1933. The Company mainly manufactures, bottles, imports, exports, and markets a variety of alcoholic beverage brands. Its main beverage brands are: Jack Daniel’s Tennessee Whiskey; Early Times Kentucky Whisky; Jack Daniel’s Single Barrel; El Jimador Tequila; Jack Daniel’s Ready-to-Drinks; Fetzer Wines; Gentleman Jack; Five Rivers Wines; Southern Comfort; Herradura Tequila; Southern Comfort Ready-to-Drinks; Jekel Vineyards Wines; Southern Comfort Ready-to-Pours; Korbel California Champagnes; Finlandia Vodka; Little Black Dress Wines; Antiguo Tequila; New Mix Ready-to-Drinks; Bel Arbor Wines; Old Forester Bourbon; Bonterra Vineyards Wines; Pepe Lopez Tequilas; Canadian Mist Blended Canadian Whisky; Sanctuary Wines; Chambord Liqueur; Sonoma-Cutrer Wines; Don Eduardo Tequila; Tuaca Liqueur; Early Times Bourbon; and Woodford Reserve Bourbon. In the United States, it sells its wine and spirits brands either through wholesale distributors or in states that directly control alcohol sales, state governments that then sell to retail customers and consumers. The Company owns and operates distribution networks in Australia, Brazil, Canada, China, the Czech Republic, Germany, Korea, Mexico, Poland, Taiwan, and Turkey, where the Company sells its products either directly to retail stores or to wholesalers. In the United Kingdom, it partner with another supplier to sell a combined portfolio of its companies’ brands. In many other markets, including France, Spain, Italy, Russia, and South Africa it relies on others to distribute its brands. The Company’s main competitors include Bacardi Limited, Beam Inc., Constellation Brands, Inc., Davide Campari-Milano S.p.A., Diageo PLC, Pernod Ricard S.A., and Rémy Cointreau S.A. The Alcohol and Tobacco Tax and Trade Bureau of the United States Treasury Department regulates the wine and spirits industry with respect to production, blending, bottling, sales, advertising, and transportation of industry products.|
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