Brown-Forman (BF.B) is poised to strengthen from a robust brand portfolio, consumer demand and market recovery, despite the pullback from high inflationary costs.
The Beverages - Alcohol industry looks poised to gain from strong on-premise and off-premise demand, recovery in Travel Retail, innovation, and premiumization despite supply-chain disruptions. Players like DEO, BUD, STZ and BF.B will likely capitalize on the trends.
Brown-Forman's (BF.B) Q1 results reflect gains from the continued demand for its brands and growth across markets. The company's sales also gain from the revival of tourism and recovery in Travel Retail.