Jack and Coke RTD No.2 Growth Driver for B-F US Sales in F23

Dear Client:     Brown-Forman finished fiscal year 2023, ended April 30, off strong, with global net sales up 8% on a reported basis. For the fourth quarter alone, reported global net sales grew 5%. "If we take a step back and consider the headwinds we faced throughout fiscal 2023, it helps to appreciate the quality of our performance even more," said B-F chief Lawson Whiting on this morning's earnings call, citing factors like supply chain challenges, inflation driving up input