Brown-Forman Stock Plunges After Jack-Daniels Maker Forecasts Tough Year

Brown-Forman Stock Plunges After Jack-Daniels Maker Forecasts Tough Year · The Wall Street Journal

In This Article:

Jack Daniels maker Brown-Forman forecast a disappointing year ahead, saying geopolitical uncertainty had hit consumers' discretionary spending. Brown-Forman’s net sales fell 7% last quarter from a year earlier.