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Brown-Forman Initiates FY24 Organic Net Sales Growth Outlook - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, beverage alcohol maker Brown-Forman Corp. (BFA, BFB) said it now expected organic net sales growth in the 5% to 7% range to reflect the strength of its portfolio of brands, pricing strategy and strong consumer demand.
The company added that it anticipates continued input cost pressures to be partially offset by lower supply chain disruption costs.
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Brown-Forman Boosts FY23 Organic Net Sales Growth Outlook - Update
While reporting financial results for the second quarter on Wednesday, beverage alcohol maker Brown-Forman Corp. (BFA, BFB) said it now anticipates organic net sales growth in the high-single digit range for fiscal 2023 to reflect the strength of its portfolio of brands, stronger consumer demand, and the easing of supply chain constraints.
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European Shares Edge Lower On US Debt Concerns
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China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.
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Thai Downgrades GDP Growth Outlook
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Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products
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Sensex, Nifty Marginally Lower As IT Stocks Drag
Indian shares were flat to slightly lower on Monday, with IT stocks leading losses after a U.S. credit rating downgrade.
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