LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Brown-Forman Corp. (BF.A) on Wednesday reported fiscal first-quarter net income of $231 million.
On a per-share basis, the Louisville, Kentucky-based company said it had profit of 48 cents.
The liquor company that makes Jack Daniel's and other brands posted revenue of $1.04 billion in the period.
Brown-Forman shares have risen nearly 7% since the beginning of the year. The stock has fallen nearly 4% in the last 12 months.