News

As uncertainty continues around spirits due to tariff whiplash, Louisville-based Brown-Forman reported a 5% decline in sales for its 2025 fiscal year.
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 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 ...
In 1956, Brown-Forman purchased the Jack Daniels Distillery in Tennessee for $20 million, and expanded its portfolio. Southern Comfort was under the company's umbrella from 1979-2016.
Brown-Forman said it will close its Louisville-based barrel-making facility by April 25, which will impact about 210 employees and is part of the overall global workforce reduction.
Brown-Forman, whose brands include Jack Daniel's, Woodford Reserve, Old Forester and el Jimador, among others, is expected to share its fourth quarter and fiscal year 2025 results on June 5.
Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 global workforce amid a downturn in sales for spirits.
LOUISVILLE, Ky. (WDRB) -- Louisville-based Brown-Forman announced a corporate restructuring that will cut 12% of its global workforce of 5,400 employees. In a news release Tuesday, the spirits ...
In 2024, Brown-Forman's stock had its worst performance since 1974 with a drop of 33.5%, according to FactSet data. Brown-Forman's stock was unchanged Tuesday morning.
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...