/PRNewswire/ The whiskey market is set to grow by USD 28.67 billion, progressing at a CAGR of almost 6% during 2021-2025. The report offers an up-to-date.
Brown-Forman Guides FY22 Sales Growth Above Estimates
WASHINGTON (dpa-AFX) - While reporting financial results for the third quarter on Wednesday, Brown-Forman Corp. (BFA, BFB) said it anticipates mid-single digit growth in underlying net sales and operating income for the full-year 2022.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.70 per share on net sales growth of 1.6 percent to $3.42 billion for the year. Analysts estimates typically exclude special items. We remain confident in the collective strength of our markets and should benefit from the re-opening of the on-premise channel and increase in tourism. Additionally, our portfolio remains well positioned to capitalize on the continuing spirits premiumization trend, said Jane Morrea, CFO.
Wall Street opens mostly higher
Shortly after the opening bell, the Dow was down 0.03% while the S&P 500 climbed 0.19% and the Nasdaq rose 0.45%
9.52am: Proactive North America headlines:
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