Jack Daniel's substantial brand equity has helped Brown-Forman secure a competitive edge.
Wide-moat Brown-Forman’s second-quarter results slightly outpaced our top-line outlook for the year, with underlying net sales up 7% year to date, driven by volume, versus the roughly 5% we had modeled. We plan to raise our annual sales forecast to incorporate stronger volume growth, as the firm's efforts to establish a foothold in faster-growing markets and attract a broader customer base through line extensions, like Jack Daniel’s Tennessee Rye and ready-to-drink offerings, yield further benef...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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