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Brown-Forman ready-to-drink strength offsets sluggish core alcohol, market talk

Brown-Forman says innovation and new product types are offsetting sluggishness in its core alcohol business. Ready-to-drink sales, including pre-mixed cocktails, rose 20% in the latest quarter.

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Brown-Forman says innovation and new types of products are helping to offset sluggishness in its core alcohol business.

Sales from the company's ready-to-drink portfolio, which includes pre-mixed cocktails, rose 20% in the latest quarter.

That offset pressures elsewhere in the business, including a…