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 ...
Brown-Forman to cut about 12% of global workforce as part of restructuring
Forman said on Tuesday it will lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid weak alcohol demand. The company has struggled with ...
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Liquor giant Brown-Forman’s stock rises on growth signals ahead despite market challenges
Brown-Forman Corp.’s stock rose 11% as the top gainer in the S&P 500 on Thursday after the liquor maker beat Wall ... Woodford Reserve and Old Forester brands. Truist analyst Bill Chappell ...