“Resilient” US Market Boosts B-F and Pernod Performance

Dear Client:  Brown-Forman and Pernod Ricard reported their latest earnings today. A key theme ran through both: the resiliency of the US market.  B-F CAPITALIZING ON COVID TRENDS Brown-Forman reported underlying net sales growth of 3% for the first quarter ended July 31, driven by performance in the US and other developed markets as well as by RTDs and flavored whiskies.   In the US, underlying net sales were up 9% for the quarter. The company's US business "has remained resilient