LOUISVILLE, Ky. (WDRB) -- It's been a profitable few months for Louisville-based Brown-Forman Corp. The company says its second-quarter net income rose 10 percent to $173 million.
It benefited from a combination of price increases and lower costs.
But Brown-Forman says it could have made more, had distributors and retailers not pulled back, fearing price increases.
Net sales were flat at just over $1 billion.
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