Boston Beer Company reported second-quarter depletions (sales-to-retailers) and shipments (sales-to-wholesalers) growth of 17 percent, according to financial results issued after the end of trading today. Through the first 26 weeks of 2019, Boston Beer’s depletions (+15 percent) and shipments (+23 percent) are up due to its Truly Hard Seltzer and Twisted Tea brands.
Anheuser-Busch InBev today reported global revenue growth of 6.2 percent in the second quarter of 2019, despite ongoing volume declines in the U.S. A-B, the world’s largest beer manufacturer, recorded revenues of more than $13.9 billion during the quarter, and a gross profit of $8.7 billion. The company credited “healthy volume growth, global premiumization and revenue management initiatives” for its increased revenue worldwide.
Rogue Spirits, one of the original craft distillers in Oregon, has launched its first sparkling canned cocktail line redefining the ready-to-drink category with authentic, bar quality recipes that taste good in a can.
Smuttynose Brewing Co., New Hampshire’s craft brewery since 1994, is thrilled to announce its first core label redesign in 25 years, putting iconic Granite State locations at the forefront of the beers you’ve known and loved for a quarter-century.
Cisco Brewers is excited to share two new IPAs with more fans across the Northeast, offering Getaway IPA and Crantucket Brut Rosé IPA in 12 oz. can 12-packs and 6-pack bottles.
Efforts to protect endangered Burrowing Owls are getting a boost from Big Storm Brewing Co. and its customers. A portion of the proceeds from the brewer’s new Kentucky Common Burrowing Owl beer will go to support the non-profit Cape Coral Friends of Wildlife (CCFW) and its work to save the threatened species.
The Weland gFoup has acquired the company Kodverkstan. The acquisition means that Weland Solutions now completely owns the WMS (Warehouse Management System) Compact Store, which was previously developed together with Kodverkstan.
Everyone’s favorite childhood action sports hero, Tony Hawk, and the crew at Birdhouse Skateboards have teamed up with rapidly-growing, Oceanside, California-based craft beer brewery, BLACK PLAGUE Brewing, to create an incredibly smooth beer honorably named, Tony Hawps IPA.
PRESS Premium Alcohol Seltzer has announced its expansion into Colorado. Through a distribution agreement with New Age Beverages, PRESS, the largest independent alcohol seltzer brand and only woman-owned, is now available statewide.
Funkwerks is proud to begin serving their neighbors to the east as they expand their distribution into Kansas this week through Crown Distribution and Central State Beverage.
Iron Hill Brewery & Restaurant (Iron Hill) announced today they have signed a lease in the Buckhead neighborhood of Atlanta, GA. This comes on the heels of their recent announcement to open their newest location in Newtown, PA, in the spring of 2020. As part of their “20 by 20” initiative, in which the Iron Hill team plans to open and operate 20 locations by the year 2020, Iron Hill Buckhead will serve as the company’s 18th announced location overall, and their second in the southeast.
Gibson Mill in Concord, North Carolina recently announced its development of the Gibson Mill Market, a food hall-style dining and shopping experience that will open on the campus early 2020. The first tenant signed to Phase 1 of the project is High Branch Brewing Co.
Lakewood Brewing Company (LBC) continues to come out with seriously fun beers in their Limited Can Series line. The extremely limited beer series has been well received by fans, for both the inventive beer and the fun, hand-drawn can designs.