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Jack Daniel's maker Brown-Forman reports 5.6 percent rise in sales

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Reuters
Last Updated : Jun 06 2018 | 5:35 PM IST

(Reuters) - Spirit and wine company Brown-Forman Corp reported a 5.6 percent rise in quarterly sales on Wednesday, helped by higher demand for its signature Tennessee whiskeys.

Net income for the Jack Daniel's whiskey maker fell to $110 million, or 23 cents per share, in the fourth quarter ended April 30, from $144 million, or 30 cents per share, a year earlier.

Net sales rose to $733 million from $694 million.

(Reporting by Nivedita Balu in Bengaluru; Editing by Arun Koyyur)

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First Published: Jun 06 2018 | 5:26 PM IST

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