date:Mar 08, 2013
pleased with consumer reaction to its price hikes, and it is evaluating future price increases on a market-by-market basis, he said.
The Louisville-based company said it expects high single-digit net sales growth for the full fiscal year despite a fragile global economy.
The company also bolstered its advertising spending in the first nine months of its fiscal year to promote its brands. It predicted another uptick in the fourth quarter.
Net sales for its lucrative Jack Daniel's brand rose 10