Brown-Forman’s batch dips after Jack Daniel’s parent’s sales tumble brief of estimates

Brown-Forman Corp. ‘s batch fell 4.6% early Wednesday, after a primogenitor of Jack Daniel’s whiskey’s mercantile third-quarter sales fell brief of estimates, overshadowing a distinction beat.

The Louisville, Ky.-based association BF.A BF.B posted net income of $285 million, or 60 cents a share, for a entertain to Jan. 31, adult from $100 million, or 21 cents a share, in a year-earlier period. Sales fell 1% to $1.069 billion from $1.081 billion.

The…

This entry was posted in Featured Articles and tagged . Bookmark the permalink.