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 ...

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'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 ...

Brown-Forman Corporation (BF.B) has been making strategic initiatives to aid growth. The company has revealed a line of strategic efforts to poise it for growth in the versatile global spirits ...

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 ...

Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel ...

Now, the Brown-Forman Cooperage near Louisville's airport is closing. By the end of April, the 210 bourbon barrel makers who work here will be laid off. The company will shift to buying its barrels, ...

LOUISVILLE, Ky. (WDRB) -- Louisville-based Brown-Forman announced a corporate restructuring that will cut 12% of its global ...