Jack Daniel’s Blackberry and Distrib Rework Lift B-F’s H1 Results

Dear Client: Brown-Forman reported a global net sales decline of 4% for the first half of fiscal year 2026, ended October 31, with sales flat on an organic basis. In just the second quarter, B-F global net sales were down 5% on a reported basis and down 2% on an organic basis.  Declines in Q2 were driven largely by the same factors that weighed down Q1– including impacts from divested brands as well as sales declines in the US and