Brown-Forman's profit rises 18 percent on strong demand

March 6 Wed Mar 6, 2013 8:02am EST

March 6 (Reuters) - Brown-Forman Corp, maker of Jack Daniel's whiskey and Finlandia vodka, reported an 18 percent rise in third-quarter profit, helped by strong global demand for North American whiskeys.

Net income rose to $157.6 million, or 73 cents per share, in the quarter ended Jan. 31, from $133.1 million, or 62 cents per share, a year earlier.

Sales rose 7 percent to $1.03 billion.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.