Brown-Forman will release its fiscal-2016 results on Wednesday

Brown-Forman will release its fiscal-2016 results on Wednesday

On Wednesday, Brown-Forman is scheduled to announce its fourth-quarter and full-year results for fiscal-2016. Here, just-drinks takes a look at the company's performance in the three months to the end of April.

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Q3 and YTD highlights

  • Year-to-date net profits were flat at US$545m
  • Net sales in the nine months to the end of January slipped by 2% to $3.08bn
  • Operating profits increased by 2% to $807m
  • Q3 net profits rose by 2% to $190m
  • Net sales in the three months to end of January dipped by 1% to $1.08bn
  • Operating profits were up by 2% to $278m