Underlying sales growth was driven by continued expansion into the emerging markets, which contributed over 40% of incremental growth year to date. Growth rates were particularly strong in Russia, Brazil, Turkey, Mexico and Poland.In the U.S., the company delivered strong results against the backdrop of an improving environment for spirits, contributing 40% of the company’s underlying sales growth year to date. The company’s premium brand portfolio has benefitted from consumers trading-up, as well as strong demand for North American whiskies.
Brown-Forman Reports Strong First Half Results And Raises Full Year Outlook
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