Brown-forman reports year-to-date fiscal 2024 results; updates full year outlook

Louisville, ky.--(business wire)--brown-forman corporation (nyse: bfa, bfb) reported financial results for its third quarter and nine months ended january 31, 2024. third quarter reported net sales decreased 1%1 to $1.1 billion (-2% on an organic basis2) compared to the same prior-year period. in the quarter, reported operating income increased 116% to $373 million (+5% on an organic basis) and diluted earnings per share increased 189% to $0.60. for the first nine months of the fiscal year, the.
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