Brown-Forman- Statistics & Facts

Published by Jan Conway, Aug 13, 2019
Brown-Forman is one of the major players in the global spirits industry, producing such iconic brands as Jack Daniel’s, Woodford Reserve, and Korbel to name a few. The company was founded in the 19th century in Kentucky and has since expanded internationally, acquiring more than a few international brands. In 2017, Brown-Forman generated about three billion U.S. dollars in sales. In the United States, Brown-Forman makes up a six percent dollar sales share of the total distilled spirits market, making it the sixth largest distilled spirits company, in terms of sales.

Brown-Forman has seen an increase in net sales between 2011 and 2018, from about 2.6 billion dollars to over three billion in that time period. A little under half of the brand’s total net sales is attributed to the United States, with Europe making up the second largest market. Although Brown-Forman owns two wine companies, only a tiny percentage of their sales come from wine; they are much more known for being a spirits manufacturer. In 2018, the company employed about 4,800 people.

Jack Daniel’s is one of the most recognizable whiskey brands worldwide. The original Jack Daniel’s and its various related brands such as Jack Daniel’s Tennessee Fire and Gentleman Jack make up the vast majority of the whiskey market in the United States. Jack Daniel’s itself makes up a 23 percent share of the U.S. market. However, this share has been declining since 2011, when Jack Daniel’s made up a 30 percent share of the total U.S. straight whiskey market. Another Brown-Forman whiskey brand, Woodford Reserve, saw a 26 percent increase in sales in 2018.

The company’s advertising expenditure has fluctuated slightly over the last several years but has stayed more or less stable at around 400 million per year. Jack Daniel’s, being the most popular brand that Brown-Forman owns, receives the most advertising funding, at about 14.15 million dollars in 2017, followed by Jack Daniel’s Tennessee Honey, and Woodford Reserve.

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