Core Jack Daniel’s Drives B-F Sales, While Supply Chain Issues Persist

Dear Client:   Brown-Forman kicked off its fiscal year with sales up 11% globally for the first quarter ended July, driven by continued strong demand for core Jack Daniel's, Woodford Reserve, and Jack Daniel's RTDs.   In Q1, they also "benefited from an increase in distributor inventories as we continue to recover from supply chain disruptions and constraints that began impacting our results in the prior fiscal year," said chief Lawson Whiting on this morning's earnings call. JACK DANIEL'S RIDING HIGH.