Brown-Forman reports first quarter results
date:Aug 29, 2014
rst Quarter 2015 Performance By Market

Underlying net sales grew 15% (+10% reported) in the emerging markets, a continuation of the strong trends the company has been experiencing in these fast growing markets. The company drove double-digit growth in many emerging markets, including Turkey, Russia, Brazil, and Indonesia. Results in Mexico benefited from the comparisons to last year's first quarter inventory reduction, while results in Poland remained under pressure following the excise tax inc
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