#Latest news with #BrownFormanCorpBloomberg4 days agoBusinessBloombergJack Daniels-Owner Plummets Most Since 2008 on Disappointing EarningsBrown-Forman Corp., owner of the Jack Daniels brand, fell the most in more than 15 years after reporting results that trailed expectations while projecting a sales decline for the current fiscal year. Sales in its fourth quarter sank about 7% to $894 million. Analysts on average estimated $968.4 million.
Bloomberg4 days agoBusinessBloombergJack Daniels-Owner Plummets Most Since 2008 on Disappointing EarningsBrown-Forman Corp., owner of the Jack Daniels brand, fell the most in more than 15 years after reporting results that trailed expectations while projecting a sales decline for the current fiscal year. Sales in its fourth quarter sank about 7% to $894 million. Analysts on average estimated $968.4 million.