
Louisville, Kentucky-based Brown-Forman Corporation (BF.B) manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. Valued at $13.3 billion by market cap, the company’s products include branded whiskey, vodka, wines, tequila, bourbon, and gin.
Shares of this spirits giant have considerably underperformed the broader market over the past year. BF.B has declined 30.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 12.6%. In 2025, BF.B stock is down 26.2%, compared to the SPX’s 14.6% rise on a YTD basis.