Brown-Forman Initiates FY24 Organic Net Sales Growth Outlook - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, beverage alcohol maker Brown-Forman Corp. (BFA, BFB) said it now expected organic net sales growth in the 5% to 7% range to reflect the strength of its portfolio of brands, pricing strategy and strong consumer demand.
The company added that it anticipates continued input cost pressures to be partially offset by lower supply chain disruption costs.
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Brown-Forman Boosts FY23 Organic Net Sales Growth Outlook - Update
While reporting financial results for the second quarter on Wednesday, beverage alcohol maker Brown-Forman Corp. (BFA, BFB) said it now anticipates organic net sales growth in the high-single digit range for fiscal 2023 to reflect the strength of its portfolio of brands, stronger consumer demand, and the easing of supply chain constraints.
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