FILE - In this Dec. 5, 2011, file photo, bottles of Jack Daniel's Tennessee Whiskey line the shelves of a liquor outlet in Montpelier, Vt. The company that makes Jack Daniels took a hit from the Trump administration’s tariff fight, estimating that the standoff dragged sales growth down by a percentage point for the entire year. Brown-Forman Corp. (BF.A) on Wednesday, June 5, 2019, reported fiscal fourth-quarter net income of $159 million. (AP Photo/Toby Talbot, File)More
LOUISVILLE, Ky. (AP) — The company that makes Jack Daniels took a hit from the Trump administration's tariff fight, estimating that the standoff dragged sales growth down by a percentage point for the entire year.
Brown-Forman Corp. posted fourth quarter sales of $744 million, which was well short of the $762 million that Wall Street had expected, according to a survey by FactSet.
Net income was $159 million, or 33 cents per share, which topped expectations by 3 cents.sonos sonos One (Gen 2) - Voice Controlled Smart Speaker with Amazon Alexa Built-in - Black read more
The Louisville, Kentucky, distiller said Wednesday that for the year, it had a profit of $835 million, or $1.73 per share, and revenue of $3.32 billion.
Portions of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BF.A at https://www.zacks.com/ap/BF.A
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