NOW, BROWN-FORMAN DOES EMPLOY A LITTLE OVER A THOUSAND PEOPLE IN THE CITY OF LOUISVILLE, SO IT WILL STILL HAVE A FOOTPRINT HERE. LIVE I The announcement of Brown Forman's decision to close its ...

Industry sales tracker IWSR reported that sales of U.S. whiskey, including bourbon, Tennessee and rye, fell 1.2% in 2023, the ...

I would be willing to estimate Brown-Forman at something closer to a 25x P/E, the highest level of premium for a distiller/vintner I’d be willing to work with here. That still means however ...

With Brown-Forman coming under pressure in the US (which still accounts for 45% of annual net sales) in recent months and with the wider spirits market Stateside still in the doldrums, it wouldn ...

largely stemming from severances, as well as costs related to the closure of Brown-Forman Cooperage.

The Louisville-based company's facility, where barrel makers — also known as coopers — produce the white oak barrels that hold Brown-Forman's whiskey brands: Jack Daniel's, Old Forester, Woodford ...

Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face ...

Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 employees amid a downturn in spirits sales. The Louisville ...

The announcement of Brown Forman's decision to close its Louisville cooperage, and cut 210 jobs, could have a larger effect ...

(Reuters) -Brown-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 ...