Brown-Forman “in pretty good state” as cost pressures fail to fluster

The senior management team at Brown-Forman has voiced optimism about the group’s ability to weather rising costs, as expansion plans have been laid out for the longer term. On a conference call yesterday, following the announcement of a 17% rise in 12-month sales, CEO Lawson Whiting and CFO Leanne Cunningham painted a positive picture of the Jack Daniel’s brand owner in the months and years ahead. As consumer packaged goods companies continue to raise their prices due to increased energy and raw materials costs, Whiting highlighted Brown-Forman’s +27% sales showing in the final quarte