Brown-Forman quarterly sales slip as tequila slows, WSJ reports
Brown-Forman said quarterly net sales fell 1%, citing slower tequila sales and the end of a wine deal. The Jack Daniel’s maker also reported an earnings beat versus analysts’ expectations.
By Laura CooperBrown-Forman said its quarterly sales slipped on slower tequila sales and the end of a wine deal, though the company's earnings beat analysts' expectations.The Jack Daniel's maker said net sales fell 1% in the most recent quarter, driven by the end of its Korbel California Champagne…