Forman, which is expected to generate savings up to $80 million annually, comes as inflation and changing consumer preferences cut into spirits sales.
Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of ...
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face ...
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 ...
Wall Street analysts see the positives as Brown-Forman seeks savings – in part via job cuts – to “position the company for continued growth”.
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 ...
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Jack Daniel’s maker Brown-Forman is slashing 12% of its workforce as more consumers cut back on their alcohol consumption, ...
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 ...
Brown-Forman, the Kentucky spirits company that makes Jack Daniel’s Tennessee Whiskey and Woodford Reserve Bourbon, announced ...
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Brown-Forman slashes jobs as part of multi-pronged cost-savings planMore than 600 Brown-Forman workers are set to lose their jobs as the global spirits and wine maker seeks to realise up to ...
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