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BROWN FORMAN CORP CLASS A

BF.A

Consumer Defensive

1

exclusion reason

1 theme

Harmful Products (1)
BF.A Consumer Defensive Current as of April 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Alcohol Products
Since Sep 20, 2025

Brown‑Forman Corporation is one of the largest American producers of spirits and wines, deriving substantially all of its revenue from alcoholic beverages. Its primary product lines include the Jack Daniel’s Tennessee Whiskey, Woodford Reserve bourbon, Finlandia vodka, and Herradura tequila brands, among others. The company reported net sales of approximately $4.2 billion for the fiscal year ending April 30, 2025, with no material revenue from non-alcohol operations.

Research Sources 7 organizations

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.