Friday, 6 December 2024

Liquor giant Brown-Forman’s stock rises as it signals growth ahead despite market challenges

by BD Banks

Brown-Forman Corp.’s stock rose 8% in premarket trading on Thursday after the liquor maker beat Wall Street estimates for profit and revenue in its latest quarter and said it expects to generate positive net sales and operating income in its current fiscal year despite “macroeconomic uncertainties.”
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