Brown-Forman earnings advance in Q4Christian Fernsby ▼ | June 6, 2019
Brown-Forman revealed a profit for its fourth quarter that advanced from the same period last year.
Brown-Forman The company's earnings totaled $159 million, or $0.33 per share
The company's revenue for the quarter rose 1.5% to $744 million from $733 million last year.
While reporting financial results for the fourth quarter Brown-Forman provided earnings and underlying net sales outlook for the full-year 2020.
For fiscal 2020, the company projects earnings in a range of $1.75 to $1.85 per share on underlying net sales growth of 5 to 7 percent. ■