Shares of Brown-Forman Inc (NYSE: BF) stumbled today following a dip in quarterly earnings and a 5% drop in sales. The Louisville-based company, known for iconic brands like Jack Daniel’s and Old Forester, reported earnings per share of 47 cents for the second quarter, falling shy of the projected 48 cents. Despite the decline in profits and revenue totaling $1.036 billion, Lawson Whiting, the company’s President and CEO, noted that performance aligned with expectations. The company remains optimistic, reaffirming its full-year outlook. Brown-Forman Inc produces a diverse portfolio of renowned spirits such as Woodford Reserve, GlenDronach, and Herradura among others. For further details, visit Benzinga.com.