Brown-Forman Looks At 'Uncertain Year' Ahead, As Sales Start To Recover
Brown-Forman, the parent company of Jack Daniel's, has said that it expects to 'continue to face uncertainty' in the coming fiscal year, despite a solid performance in the first nine months of its financial year.
“While near-term uncertainty remains, we believe we are operating from a position of strength, and will emerge even stronger from this crisis, continuing to grow market share and drive long-term sustainable growth for all stakeholders,” Jane Morreau, the company's chief financial officer, said of the coming year.
“The company’s financial and business fundamentals have remained strong throughout the entire pandemic allowing us to deliver solid growth in this challenging environment.”
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