Strong dollar, political instability hamper Brown-Forman Q1 results

Updated at 6:31 p.m. with details, stock price. Brown-Forman Corp. on Wednesday reported that first-quarter revenues and profit fell because of the strong dollar and weakness in emerging markets. The Louisville-based maker of Jack Daniel’s said net sales, at $661 million, were down 5 percent from the same quarter last year, while net income fell […]