Brown-Forman Reports Solid Underlying Growth; Revises Full Year Outlook
Louisville, KY, March 2, 2016 – Brown-Forman Corporation (NYSE:BFA, BFB) reported financial results for its third quarter and the first nine months of fiscal 2016 ended January 31, 2016. For the third quarter, the company’s reported net sales1 declined 1% to $1,083 million (+4% on an underlying basis2). Reported operating income grew 2% in the…