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Brown-Forman hoping for double-digit lift in full year, but Q3 sales up only 5% – results data

Olly Wehring
Last updated: 08/03/2023 at 12:00 AM
By Olly Wehring
8 March 2023
1 Min Read

Brown-Forman has reported a third consecutive quarter of US$1bn+ in sales, although the group’s growth rate slowed markedly in the most recent three-month period.


A bottle of Jack Daniel's in an ice bucket on a bar
Credit: Marcin Dampc/Pexels
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Fiscal third quarter - to end of January - sees sales increase 5% to US$1.08bn For the nine months to end of January, top line rises 12%, totalling $3.18bn Full-year sales forecast to come in up between 8% and 10% Impairment charge of $96m taken on Finlandia vodka brand Brown-Forman has reported a third consecutive quarter of US$1bn+ in sales, although the group's growth rate slowed markedly in the most recent three-month period. Following on from H1's 17% top-line lift, posted in December, the Jack Daniel's owner has reported a year-on-year rise of 5% from the three months to

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TAGGED:Brown-Forman
Olly Wehring
ByOlly Wehring
Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.
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