LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Brown-Forman Corp. (BF.A) on Thursday reported fiscal first-quarter net income of $170 million.
The Louisville, Kentucky-based company said it had profit of 36 cents per share.
The liquor company that makes Jack Daniel’s and other brands posted revenue of $924 million in the period.
Brown-Forman shares have dropped 18% since the beginning of the year. The stock has declined 32% in the last 12 months.
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