Brown-Forman reports Q1 EPS 36c vs. 41c last year

Reports Q1 revenue $924M, consensus $910.34M. “Our solid first-quarter performance reflects the decisive actions we’ve taken to strengthen our business in a challenging environment,” said Lawson Whiting, Brown-Forman’s (BF.B) (BF.A) president and CEO. “Superior innovation and bold route-to-consumer strategies, in particular, have positioned us to deliver resilient results in the face of persistent headwinds. We are pleased to reaffirm our full-year outlook and remain confident in our ability to create long-term value for shareholders.”