Brown-Forman misses sales estimates, keeps annual targets
Brown-Forman (BF.A) missed first-quarter sales estimates and reaffirmed annual targets, citing a weak consumer environment in the United States and Europe affecting spirits demand.
Jack Daniel's Brown-Forman NYSE:BF.A missed first-quarter sales estimates and stuck to its annual targets, joining other spirits makers in warning of a weak consumer environment in the United States and Europe.U.S. consumers have become more discerning in their spending patterns as concerns about s…