Jack Daniel's maker Brown-Forman reports 5.6 percent rise in sales

(Reuters) - Spirit and wine company Brown-Forman Corp reported a 5.6 percent rise in quarterly sales on Wednesday, helped by higher demand for its signature Tennessee whiskeys.
Net income for the Jack Daniel's whiskey maker fell to $110 million, or 23 cents per share, in the fourth quarter ended April 30, from $144 million, or 30 cents per share, a year earlier.
Net sales rose to $733 million from $694 million.
(Reporting by Nivedita Balu in Bengaluru; Editing by Arun Koyyur)
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First Published: Jun 06 2018 | 5:26 PM IST
