:. Food Industry News

Categories: Corporate Results

Brown-Forman Quarterly Profit Rises

Source: Reuters
29/11/2007

New York, Nov 29 - Alcoholic drinks company Brown-Forman Corp reported higher quarterly profit on Thursday, helped by the weak dollar and the acquisition of the Mexican tequila brand Casa Herradura.

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Brown-Forman, which also owns Jack Daniel's Tennessee Whiskey, Finlandia vodka and Woodford Reserve bourbon, said net income for the fiscal second quarter ended Oct. 31 was $129.4 million, or $1.04 per share, compared to $123.8 million, or $1.00 per share, a year ago.



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