Brown-forman reports strong broad-based fiscal 2023 net sales growth

Louisville, ky.--(business wire)--brown-forman corporation (nyse: bfa, bfb) reported financial results for its fourth quarter and fiscal year ended april 30, 2023. for the fourth quarter, reported net sales increased 5%1 to $1.0 billion (+4% on an organic basis2). in the quarter, reported operating income increased 21%1 to $298 million (+3% on an organic basis) and diluted earnings per share increased 36% to $0.43 in the quarter. for the full year, reported net sales increased 8% to $4.2 billio.
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