Brown-forman delivers resilient year-to-date performance in a challenging environment

Louisville, ky.--(business wire)--brown-forman corporation (nyse: bfa, bfb) reported financial results for its third quarter and nine months ended january 31, 2021. for the third quarter, the company's reported net sales1 of $911 million increased 1% (flat on an underlying basis2) compared to the same prior-year period. in the quarter, reported operating income decreased 8% to $281 million (-8% on an underlying basis) and diluted earnings per share declined 5% to $0.45. for the first nine month
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