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.
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 ...