Brown-Forman Reports First Quarter Results; Reaffirms Full Year Growth Outlook for Fiscal 2020
LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) reported financial results for its first quarter of fiscal 2020. For the first quarter, the company reported net sales1 of $766 million, flat both on a reported and underlying basis2 compared to the same prior-year period. In the quarter, reported operating income declined 6% to $248 million (-8% on…
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