Brown-forman delivers double-digit net sales growth in the first half and raises full year outlook

Louisville, ky.--( business wire )--brown-forman corporation (nyse: bfa, bfb) reported financial results for its second quarter and the first half of fiscal 2023. for the second quarter, reported net sales1 increased 10% to $1.1 billion (+16% on an organic basis2) compared to the same prior-year period. reported operating income decreased 2% to $313 million (+8% on an organic basis) in the quarter, and diluted earnings per share decreased 4% to $0.47.
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