B-F Chief: “Many of the Headwinds We Faced are Beginning to Become Tailwinds”

Dear Client:   Despite supply chain challenges, Brown-Forman reported a global net sales increase of 9% for the first half of the fiscal year ended October 31. In the US, B-F's largest market, net sales were flat for the first half, but up 6% on an underlying basis.  "The key themes in the first half of this fiscal year are really about focused efforts on driving top line momentum but while absorbing the cost of the tariffs and significant increases