Brown-forman reports continued momentum with strong first quarter fiscal 2023 results

Louisville, ky.--(business wire)--brown-forman corporation (nyse: bfa, bfb) reported financial results for its first quarter of fiscal 2023 with reported net sales1 increasing 11% to $1.0 billion (+17% on an organic basis2) compared to the same prior-year period. in the quarter, reported operating income increased 19% to $343 million (+32% on an organic basis) and diluted earnings per share increased 30% to $0.52. lawson whiting, brown-forman's president and chief executive officer stated, “bui
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