LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Brown-Forman Corp. (BF.A) on Wednesday reported fiscal fourth-quarter profit of $266 million.
The Louisville, Kentucky-based company said it had net income of 56 cents per share.
The liquor company that makes Jack Daniel’s and other brands posted revenue of $964 million in the period.
For the year, the company reported profit of $1.02 billion, or $2.14 per share. Revenue was reported as $4.18 billion.
Brown-Forman shares have dropped 23% since the beginning of the year. The stock has decreased 29% in the last 12 months.
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