Whiskey, Tequilas Set Up B-F for Success in F2018

Brown-Forman's decision to focus on a narrow subset of the larger spirits category (i.e. whiskey and tequila) continues to pay off. Globally, net sales were up 7% to about $2.5 billion. In the US, net sales were up 5% for the nine months ended January 31.Growth in the US was driven by the strength of its American whiskey portfolio. Woodford Reserve and Old Forester's sales were up double digits, as were the tequila brands. Jack Daniel's extension products (including Honey,