Jack Daniel’s Posts Growth in Q3

Dear Client: Brown-Forman execs hammered home the resiliency of Jack Daniel's and their continued focus on developing long term growth in their third quarter conference call today. US depletions for Jack Daniel's were flat for the nine months ended January 31 and grew 1% for the three month period. Meanwhile, depletions of Gentleman Jack and Single Barrel both grew double digits. The rest of B-F's brands saw depletions grow low-single digits in the US, helped by Corbel, Bonterra, Canadian Mist,