We talk about difficulties facing the bourbon market — and how it might impact tourism —on this week's Access Louisville ...
largely stemming from severances, as well as costs related to the closure of Brown-Forman Cooperage.
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 ...
Brown-Forman is cutting about 12% of its global workforce, the maker of Jack Daniel’s whiskey said on Tuesday. “This organizational evolution will simplify and streamline Brown-Forman’s ...
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 ...
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 ...
Brown-Forman Corporation (BF.B) has seen its shares dive 30.4% in the past six months compared with the industry’s decline of 20.8%. This versatile global spirits company has also trailed the ...
LOUISVILLE, Ky. (AP) — Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting ...
Brown-Forman named new executives and said it will cut about 12% of its global workforce, or roughly 648 jobs, as it undergoes a restructuring aimed to position the company for growth amid a ...