Brown-Forman reiterates FY24 outlook as organic net sales stay near flat
Brown-Forman said it expects fiscal 2027 benefits from previously announced restructuring and reiterated that organic net sales for FY24 are approximately flat, after reporting first-quarter results.
WASHINGTON (dpa-AFX) - While reporting financial results for the first quarter on Wednesday, beverage alcohol maker Brown-Forman Corp. (BFA, BFB) reiterated its organic net sales to be approximately flat.The company believes it will benefit in fiscal 2027 from the previously announced restructuring…