B-F Finds Momentum in H2, Returns to Growth YTD

Dear Client: Brown-Forman reported a global net sales increase of 6% on an organic basis for the third quarter ended January 31, bringing its nine-month trend to +2%.  Despite the current "highly dynamic environment with many uncertainties," B-F expects its second half of its fiscal year to be stronger than the first. "I'm proud to say that we executed our plan and delivered sequentially stronger top and bottom line results as we entered the second half of the year," said