Brown-Forman Reports First Half Fiscal 2024 Results; Revises Full Year OutlookPosted by On

LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its second quarter and first half of fiscal 2024 ended October 31, 2023. Second quarter reported net sales increased 1%1 to $1.1 billion (-1% on an organic basis2) compared to the same prior-year period. In the quarter, reported operating income increased 8% to $339 million (+9% on an organic basis) and diluted earnings per share increased 6% to $0.50. For the first six months of the fisca

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