Brown-Forman Corp. posted fourth quarter sales of $744 million, which was well short of the $762 million that Wall Street had expected, according to a survey by FactSet.
Net income was $159 million, or 33 cents per share, which topped expectations by 3 cents.
The Louisville, Kentucky, distiller said Wednesday that for the year, it had a profit of $835 million, or $1.73 per share, and revenue of $3.32 billion.
Portions of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BF.A at https://www.zacks.com/ap/BF.A