Brown-Forman cycles bumper year-prior as sales inch up in fiscal Q1 – results data

Three-month sales - to end of July - rise 2% to US$1.04bn Quarterly sales in the US slide by 9% Top line for fiscal 2024 - to end of April - forecast to finish up between 5% and 7% Brown-Forman has posted a near-double-digit decline in quarterly sales in the US but has played down the likelihood of a weaker long-term performance in its home market. For the three months to the end of July, the Jack Daniel's brand owner saw its domestic sales fall by 9%, although the group top line was up 2% on the corresponding period last year. In subsequent commentary, Brown-Forman flagged a "di