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Why Is Jack Daniel's Parent Brown-Forman Stock Trading Higher Today?
Summary
Brown-Forman reported a 3% decline in Q3 sales to $1.03 billion, missing estimates. However, the company exceeded EPS expectations at $0.57. Despite a contraction in operating margin, gross margin expanded by 40 basis points.
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Read Full ArticleArticle published on March 5, 2025 by benzinga