Seeking Alpha

Pricier whiskeys boost results at Brown-Forman

  • Brown-Forman (BF.A, BF.B) reports it grew sales in emerging markets by 7% during the first half of its fiscal year.
  • Margins expanded during the period as the product mix for the company improved.
  • The Jack Daniels brands saw underlying sales growth of 10%, while sales for super-premium whiskey blend Woodford Reserve increased 27%.
  • PR

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