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Brown-Forman posts slightly higher net income
2014-12-03 16:26:55| Food - Topix.net
Spirits maker Brown-Forman Corp. said Wednesday its second-quarter net income rose slightly because of sales growth for its flagship Jack Daniel's brand along with its tequilas and pricier premium whiskeys, offsetting declines for some of its other staples. Underlying net sales for the entire Jack Daniel's brand grew by 7 percent in the first half of the company's fiscal year, led by double-digit growth for Jack Daniel's Tennessee Honey thanks to the product's expansion to new overseas markets.
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