Valued at a market cap of $14.7 billion, Brown-Forman Corporation (BF-B) manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. The Louisville, Kentucky-based company provides wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink cocktails, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs under various brands, including Jack Daniel's, Old Forester, and Woodford Reserve to name a few.
This spirits and wine company's shares have significantly lagged behind the broader market over the past 52 weeks. Brown-Forman has declined 45.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.3%. Moreover, the stock is down 18% on a YTD basis, compared to SPX’s 4% rise during the same time frame.
