Brown-Forman (BF-B) Struggles with Weak Spirits Demand and Canada Headwinds

Brown-Forman Corporation (NYSE:BF-B), the maker of Jack Daniel’s, warned that alcohol demand in developed markets is likely to remain weak through fiscal 2027. The company reported first-quarter net sales of $911 million, down 1% year over year and slightly below analysts’ expectations of $914.9 million. Despite the sales miss, adjusted earnings of $0.38 per share […]