Brown-Forman (BF-B) Struggles with Weak Spirits Demand and Canada Headwinds

Brown-Forman Corporation reported first-quarter results marked by a sales decline and broad-based weakness across its portfolio, though the company achieved an earnings beat on a per-share basis. Net sales reached $911 million, representing a 1% year-over-year decline and falling slightly short of analyst expectations of $914.9 million. However, adjusted earnings per share came in at $0.38, exceeding the estimated $0.37. The company maintained its full-year guidance, projecting flat organic sal