Brown-Forman Reports First Quarter Results; Reaffirms Full Year Growth Outlook for Fiscal 2020
Louisville, KY, August 28, 2019 – Brown-Forman Corporation (NYSE: BFA, 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%…