Brown-Forman delivers mid-single-digit growth in H1

Jack Daniel’s owner Brown-Forman has reported a net sales increase of 5% to US$1.8 billion in the first six months of its 2020 fiscal year, boosted by Tequila and premium Bourbons. In the company’s six month period ending 31 October, operating income increased 1% in the quarter to US$600 million. Brown-Forman also reported its net sales for the second quarter, which were up 9% to US$989m. Operating income for the period increased 6% to US$352m.…

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