UPDATE: Brown-Forman Posts 10% Surge In Q2 Profit, Raises 2013 Forecast
Posted on December 05, 2012 at 08:23 AM EST
Brown-Forman (NYSE: BF-B) reported a 10% rise in its second-quarter profit. Brown-Forman's quarterly profit surged to $173 million, or $0.80 per share, versus $157.6 million, or $0.73 per share, in the year-earlier period. Its net sales came in flat at $1 billion. However, analysts were expecting earnings of $0.78 per