Led by strong sales for its whiskey and tequila brands, Brown-Forman Corp. reported higher fourth-quarter net income Wednesday despite taking a hit from the Trump administration's tariff fight.
American whiskey producers face stiff retaliatory tariffs in the European Union, the industry's biggest export market, as part of the Trump administration's trade disputes. It's a headache that's continuing into the company's new fiscal year. The company said it's assuming tariffs remain in place for all of the current fiscal year, compared to about seven months of tariff impact in the just-ended fiscal year. Brown-Forman's earnings-per-share projection for the new fiscal year is in the range of $1.75 to $1.85.
The strong dollar was another drag on Brown-Forman's earnings, costing the company another 2 percentage points in its net sales growth during the recently ended fiscal year. Brown-Forman reported net income of $159 million, or 33 cents per share, for the quarter ended April 30, which topped expectations by 3 cents. That's compared to $110 million, or 23 cents per share, a year ago.
Anyone drinking Jack Daniels can afford the hit.
Where are the stories of the hits/crimes/assaults committed by illegal aliens
Louisville bourbon trail gets triggered by this.
Time for home grown & made in America like itt once was many decades ago.
Shut production down,
When you put a chimpansee in the drivers seat, don't be surprised of the outcome...
Good. Glad to see things hurting in KY, home of the Mitch
Your state put him in there!!
Clown Trump and his puppets
fakenews
They need to take a hit they never paid the real American who really made Jack Daniels since he was a slave
Good. He’s their boy.
WTF!!!
They’re going after whiskey now? Doesn’t that violate the Geneva Convention as some kind of war crime? 🤣
Jack Daniels is sugar water....
Louisville thank Mitch McConnell for enabling DerangedDonald.
Are We supposed to feel sorry for a Product that destroys Peoples lives through addiction and bad decisions?
How about instead of everyone else taking one for 'the team', Trump takes one for the team.
Oh...ABC is trash.
Nobody cares when greedy libs impose grossly excessive sin taxes on booze, over and over. One puny temporary tariff and they run around like Turkey Lurkey: 'The sky is falling!!' LOL
I don't drink ....
Hey if he comes gunnin for Harley Davidson, Jack is not off limits
JackDaniels_US is garbage whiskey.
This is putins plan to destroy America. With trump has a Trojan 🐎.
ETTD. TrumpTradeWars will lead to TrumpPence recession.
The same ones who don’t care about these tariffs will be crying soon, when it hits their pockets when they go to buy a new car, washing machine and many other products.
If you like Tennessee Whiskey and more do, country music, I know you’ll like my cover of The Grand Tour. Check it out!
Silly people! Look who you voted for. Live with it and the loss of future profits.
Good. Maybe they will put a stop on their simply horrendous commercials.
Oh no, how ever will we pay for the $0.05 price increase :”( WE’RE RUINED
Nobody frikin understands tariffs. Everyone's saying the US consumer pays Tariff. BS - Mexico or the Import Co. Pays - money goes to government. If you then buy a inflated charge imposed by co., then that's your stupid problem.
What about tequila...asking for a friend he likes it a lot...
Don’t take away my whiskey!
No need to worry. There are enough Americans that drink Jack
Lol... Louisville? Another stellar job of reporting!
It's ok though because Trump's toxic leadership is pushing top line revenue growth on JD to outpace the hit to the bottom line caused by the tariffs
Keep voting Republican 😈😈😈😈
China targeting republicans, meddling in our elections
Cheers
It won’t stop me. 🥃
SAYS SafetyMentalst Beer for me ! JackDaniels_US OLD 7, FOR MY Texas horse !! TradeWars SUCK !!
Louisville? Please. My Jack is made in Lynchburg, Tennessee. . JackDaniels_US
Only the drunks care. Drink the kool aid.
Call Mitch quick. It’s hit home...
Fuck it, it’s still the best, pay up and enjoy.
Now jack daniels can tell the Dems to do their job and change the immigration law and no more tariffs. Boom!! Done
vkimsha
Now you’ve done it, realdonaldtrump
Trump was smart with that company than. Dems love to drink and get drunk. So the trade war hits the alcohol= Dems get stressed= Dems need a drink= Alcohol sales skyrocket lol WTG Trump!
And so will taquilla.
Now he’s gone too far
*Trump Wins Tariff Oscar* The Gold Milk? award for the worst performance by a celebrity manipulating global tariffs goes to President Trump. The award was named in honor of one of the hardest hit groups from the ill-considered tariff wars, the U.S. dairy farmers.
Dont think paying 5% more for a bottle of jack will make a difference
Drink more❤️
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