Eased Supply Chain Woes, High-Growth Categories Drive B-F Sales in H1

Dear Client:   Brown-Forman recorded double-digit net sales growth on a global basis for both the second quarter and first half of fiscal 2023, ended October. Global net sales were up 10% in Q2, and up 11% in H1.  "This performance was led by the strength of our portfolio of brands, which continued to benefit from strong consumer demand. We also benefited from the rebuilding of distributor inventories, which continued to recover as supply chain disruptions and constraints eased, particularly