First quarter net sales grew 17% yoy to $106 million, while gross profit increased 12% to $42 million. Continuing consumer demand for premium global brands (particularly in international markets), the addition of acquired brands (Herradura) and a weaker US dollar contributed to the strong results, however the Casa Herradura acquisition hurt overall gross margin.Jack Daniel's … Continue reading "B-F SEES SLUGGISH CONSUMPTION IN THE US"