Brown Forman

Brown-Forman To Trim Around 12% Of Global Workforce

Brown-Forman has announced plans to lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid wea...

UK's Fundsmith Reveals Why It Shed Diageo Stake

Britain's Terry Smith made public for the first time why Fundsmith Equity Fund dumped its Diageo stake last year.

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The Future Of Alcohol Consumption In Europe: Trends And Insights

ESM explores how demographics and economics shape alcohol consumption in Europe, using a new report from Barclays.

Brown-Forman Beats Sales, Profit Estimates In Second Quarter

Brown-Forman beat second-quarter sales and profit estimates, helped by steady demand for its ready-to-drink beverages and spirits.

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What Would Donald Trump’s Re-Election Mean For Spirits Industry Tariffs?

Barclays has explored what a second Trump presidency might mean for the drinks industry, specifically with regard to tariffs on spirits imports.

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US Retailers Expect Spirit Sales To Improve In Next Quarter, Study Finds

Barclays has undertaken a survey of wholesalers and retailers to explore industry views on the US spirits outlook with some surprising results.

Jack Daniel's Parent Brown-Forman Misses Quarterly Estimates On Tepid Demand

Brown-Forman missed first-quarter profit and sales estimates, hurt by higher input costs and weaker demand for its pricey whiskey and spirits.

Jack Daniel's Maker Brown-Forman Beats Quarterly Profit Estimates On Price Hikes

Jack Daniel's maker Brown-Forman beat fourth-quarter profit expectations, as price hikes on its premium whiskey and tequila helped offset waning demand.