Justin Kendall provides daily coverage of the beer industry on Brewbound.com, conducts live-streamed interviews during Brewbound’s events and co-produces the Brewbound podcast. Kendall is a nearly 20-year career journalist who led alt-weekly newspapers in Kansas City, Missouri, and Des Moines, Iowa.
Distributor sentiment cratered in February 2025, with the National Beer Wholesalers Association’s (NBWA) Beer Purchasers’ Index (BPI) survey recording a 14-point, year-over-year (YoY) decline to an index of 35.
Monster Beverage Company reported a $130.7 million impairment charge on its alcohol brands in Q4 2024, bringing its total write down on its bev-alc business over the last year to more than $138.7 million, the energy drink giant reported yesterday in its Q4 and full-year 2024 earnings report.
Sapporo Holdings has taken a more than $91.5 million (JPY 13.9 billion) impairment charge on the goodwill of its Stone Brewing business, which the Japanese brewing giant acquired nearly three years ago for $165 million.
Non-alcoholic (NA) beer claimed a record 4.2% share of beer category grocery sales during Dry January, according to an analysis by Bump Williams Consulting chief strategy officer Dan Wandel. NA beer recorded double-digit year-over-year (YoY) increases in dollar sales (+23.5%) and volume (+20.2%) in U.S. food stores tracked by market research firm NIQ for the four-week period ending February 1.
The Yuengling Company launched draft in Illinois on January 27, the eighth expansion state for the Pennsylvania brewery’s joint venture with Molson Coors.
Tilray Brands is moving large-scale production from Revolver Brewing’s facility in Granbury, Texas, to other facilities, the company confirmed in a statement to Brewbound. Revolver’s Texas location “will continue to operate, focusing on unique and innovative brews, and the taproom will remain open.”
Non-alcoholic beer maker Athletic Brewing Company has struck a multi-year sponsorship deal with Live Nation to make its beer available in 117 concert venues and at four major music festivals.
Total Wine & More shared its list of the top brands sold in its Kansas City and Philadelphia area stores for the Super Bowl. Home-market brand families – Boulevard in Kansas City and Surfside in Philly – topped the lists in their respective cities.
Japanese brewing giant Asahi has enlisted Molson Coors vet Paul Verdu to serve as managing director of Asahi Beer USA and Octopi Brewing in the U.S, the company announced today.
Ball Corporation’s full-year earnings call proved eventful, with the world’s largest can manufacturer announcing plans to build a new dual-line can manufacturing facility in Oregon, as well as acquire a Florida manufacturer in a $160 million deal.
Resealable packages, smaller sizes and non-carbonated beverages are among the hot bev-alc trends Total Wine & More’s senior leadership team are watching in 2025.
President Donald Trump announced plans to levy 25% tariffs on goods imported from Mexico and Canada, as well as 10% additional tariffs on China over the weekend. However, duties on goods imported from Mexico received a one-month reprieve on Monday following a border security deal.
The beer category is in the black to start 2025, with off-premise dollar sales growing +3% and volume +0.7% year-to-date (YTD) through January 18 in NIQ-tracked channels (total U.S. xAOC plus liquor plus convenience).