Forman, which is expected to generate savings up to $80 million annually, comes as inflation and changing consumer preferences cut into spirits sales.

Wall Street analysts see the positives as Brown-Forman seeks savings – in part via job cuts – to “position the company for continued growth”.

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 ...

Four leading spirits companies and the Kentucky Distillers’ Association (KDA) are joining forces with Precision Conservation ...

There are a ton of new bourbon expressions coming to market in 2025. We rounded up the brand-new bourbons that have us most ...

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 ...

Brown-Forman, the parent company of Jack Daniel's whiskey and Woodford Reserve bourbon, is laying off approximately 12% of ...

Brown-Forman's recent announcement of layoffs at its cooperage facility marks another major restructuring move for a ...

Brown-Forman Corporation (NYSE:BF.A) (NYSE:BF.B) created a stir this week when the Louisville-based company announced that it ...

Citi lowered the firm’s price target on Brown-Forman (BF.B) to $39 from $46 and keeps a Neutral rating on the shares as part of a Q4 earnings ...

Forman, the Kentucky spirits company that makes Jack Daniel’s Tennessee Whiskey and Woodford Reserve Bourbon, announced it will lay off 12% of its workforce and close its Louisville cooperage.

By McKenna Horsley Kentucky Lantern The Brown-Forman Corp., a giant spirts company based in Kentucky, announced Tuesday it ...