Brown-Forman Exceeds Sales Estimates as RTD Cocktails and Whiskey Offset Tequila Weakness
Brown-Forman reported a 2% increase in net sales to $912 million for its fiscal fourth quarter, surpassing analyst expectations. The growth was driven by strong performance from ready-to-drink (RTD) cocktails and whiskey products despite weaker results in the tequila segment.
Topics: earnings organic sales sales growth