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Brown-Forman posts profit of $156 million in 1st quarter


LOUISVILLE, Kentucky — LOUISVILLE, Kentucky — Brown-Forman Corp. (BF.A) on Wednesday reported fiscal first-quarter profit of $156 million.

The Louisville, Kentucky-based company said it had net income of 75 cents per share.

The liquor company that makes Jack Daniel's and other brands posted revenue of $699 million in the period.

Brown-Forman expects full-year earnings to be $3.40 to $3.60 per share.

Brown-Forman shares have increased 24 percent since the beginning of the year. The stock has increased 18 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BF.A at http://www.zacks.com/ap/BF.A


Keywords: Brown-Forman, Earnings Report

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