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Brown-Forman not out of US woods yet – results data

Olly Wehring
Last updated: 29/08/2024 at 3:27 PM
By Olly Wehring
29 August 2024
3 Min Read

A second consecutive quarter of sub-US$1bn sales for the Jack Daniel’s owner.


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Sales in three months to end of July - Q1 of fiscal 2025 - decline 4% to US$951mTop-line slide a repeat of previous quarter, to end of AprilFiscal 2025 expected to deliver sales rise of between 2% and 4%Brown-Forman remains in negative mid-single-digit range, as sales in the group's latest quarter came in down 4%.Following on from Q4 fiscal-2024's 5% sales slide in June, the most recent figures represent a slow start to the current fiscal year, but are "in line with our expectations", according to CEO Lawson Whiting. The Jack Daniel's brand owner also noted a stronger year-prior comparison, wh

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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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