US consumer goods and drinks group, Fortune Brands, Inc., has reaffirmed its earnings outlook for both the second quarter and full year.
“Successful new products helped deliver April results that tracked our expectations,” said the company’s chairman and CEO, Norm Wesley. “For the second quarter, our target remains double-digit growth in diluted earnings per share. For the full year, we continue to feel well positioned to achieve our long-term goal of double-digit EPS growth with improved returns.”
Fortune Brands owns the Jim Beam Brands Worldwide wines and spirits group which includes Jim Beam and Knob Creek bourbons, DeKuyper cordials, The Dalmore single malt Scotch, Vox vodka and Geyser Peak and Canyon Road wines among its brands.