Brown-forman delivers strong fiscal 2021 results

Louisville, ky.--(business wire)--brown-forman corporation (nyse: bfa, bfb) reported financial results for its fourth quarter and fiscal year ended april 30, 2021. for the fourth quarter, the company's reported net sales of $812 million increased 14%1 (+19% on an underlying basis2) compared to the same prior-year period. in the quarter, reported operating income decreased 10% to $168 million (+7% on an underlying basis) and diluted earnings per share declined 6% to $0.25. for fiscal year 2021,
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