Liquor companies such as Brown-Forman and Constellation Brands are struggling due to increased costs for essential ingredients like agave. This has caused their quarterly profit margins to fall by 3.3 percentage points, bringing them down to 59.4%.
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HomeAlco-BevAlcohol Industry UpdatesJack Daniel's Maker Brown-Forman Falls Short of Quarterly Goals Due to Weak...
Jack Daniel’s Maker Brown-Forman Falls Short of Quarterly Goals Due to Weak Demand
Auhored by Aabkari Times Team
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