BF.A first-quarter results meet expectations; full-year outlook reaffirmed
First-quarter results met expectations, supported by innovation in RTDs and Jack Daniel’s Tennessee Blackberry while declines in used barrel sales and tequila offset. Gross margin improved and cash flow was strong. Full-year outlook reaffirmed.
First quarter results met expectations, driven by innovation in RTDs and Jack Daniel's Tennessee Blackberry, offsetting declines in used barrel sales and tequila.
Gross margin improved, cash flow was strong, and the full-year outlook was reaffirmed, with confidence in reaching the favorable end of…