Jack Daniel’s maker flags soft alcohol demand

The Manila Times 2 h Philippines

JACK Daniel's maker Brown-Forman said on Wednesday alcohol demand, especially in developed markets, is likely to remain under pressure this year, while renewed trade tensions with Canada pose an additional challenge. Yet, shares of the company, which also makes Tequila Herradura, were up about 4 percent after it narrowly beat quarterly profit estimates and stuck to its annual targets in a weak spe

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