Reported about 9 hours ago
Brown-Forman, the maker of Jack Daniel's, exceeded Wall Street sales expectations for the first quarter, attributed to strong demand for its ready-to-drink beverages and whiskey brands, particularly in emerging markets. Despite a slight decline in U.S. organic sales, the company remains optimistic and maintains its annual forecast. However, uncertainties like potential tariff increases and geopolitical volatility pose challenges for future growth.
Source: YAHOO