Brown-Forman sees FY25 organic net sales up 2%-4%

Sees FY25 capital expenditures $180M-$190M. Sees FY25 organic operating income up 2%-4%. The company said, “The operating environment continues to be increasingly volatile due to geopolitical uncertainties and global macroeconomic conditions. Based on the currently known factors, we anticipate a return to organic net sales and organic operating income growth for fiscal 2025.”