Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face ...
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Brown-Forman shake-up wins praise amid spirits industry downturn
Wall Street analysts see the positives as Brown-Forman seeks savings – in part via job cuts – to “position the company for continued growth”.
Brown-Forman price target lowered to $38 from $50 at TD Cowen
TD Cowen lowered the firm’s price target on Brown-Forman (BF.B) to $38 from $50 and keeps a Hold rating on the shares. The firm noted they ...
Brown-Forman Corp. Cl B stock falls Wednesday, underperforms market
Shares of Brown-Forman Corp. Cl B BF.B shed 2.18% to $33.69 Wednesday, on what proved to be an all-around favorable trading ...
Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up
Jack Daniel’s maker Brown-Forman is slashing 12% of its workforce as more consumers cut back on their alcohol consumption, ...
Kentucky whiskey giant Brown-Forman laying off hundreds, closing Louisville cooperage
Brown-Forman, the Kentucky spirits company that makes Jack Daniel’s Tennessee Whiskey and Woodford Reserve Bourbon, announced ...
Social media user claims to find King of Kentucky bourbon at Cosco. Why is it so rare?
Reddit has been abuzz with a rumor that a shopper found a bottle of King of Kentucky bourbon on the shelves at Costco in ...
TD Cowen adjusts Brown Forman price target amid extended slowdown in spirits demand
TD Cowen maintained its Hold rating on Brown Forman (NYSE:BFb) (NYSE:BF-B) shares but reduced the price target significantly from $50.00 to $38.00. This adjustment follows the company's announcement ...
Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink
Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of ...