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.
Following Molson Coors’ Q4 and full-year earnings report Tuesday, CEO Gavin Hattersley fielded questions from analysts on a range of topics from the stickiness of his company’s share gains, to why draft trends are struggling, to overall industry performance.
Molson Coors’ gains at the expense of competitor Anheuser-Busch InBev’s losses continued to show in the company’s fourth quarter and full-year earnings reports.
The 2024 Super Bowl ad rankings are beginning to filter in, and the results are all over the place for the big game commercials from Anheuser-Busch InBev (A-B) and Molson Coors.
A former spirits executive will be the next president and CEO of Sierra Nevada Brewing Company.
The founders of the Craft Beer Cellar retail franchise and its flagship retail store and restaurant have filed for Chapter 7 bankruptcy liquidation for both business entities (Craft Beer Cellar Group and Craft Beer Initiative LLC), according to filings in the U.S. Bankruptcy Court for the District of Massachusetts.
The three-year legal battle between Sheehan family members appears to be coming to a resolution as a deal to “consolidate ownership” of the multi-state distributor under four of Gerald “Jerry” Sheehan’s sons has been reached.
California canned cocktail and hard kombucha maker JuneShine has received a seven-figure investment from private equity firm InvestBev.
The price of beer increased across the board last year. The average case price of craft beer in 2023 increased +3.6% year-over-year, to $42.41 across all outlets, according to NIQ data shared by Bump Williams Consulting.
Craft cans gained +3.6% share of craft dollars in 2023, and now account for 69.9% off-premise craft dollar sales, according to NIQ data shared in Bump Williams Consulting’s 2023 craft recap.
Dedicated non-alcoholic (NA) beer maker Athletic Brewing is taking a page out of 2010s craft beer check-in culture and run-tracking with its new app feature. Athletic launched “Track Record” earlier this month in order to give its app users a way of recording their alcohol-free days and creating streaks.
Smuttynose parent company Finestkind Brewing has acquired Wachusett Brewing in a deal that will unite two New England legacy craft beer brands.
Seven of the top 25 craft growth brands in 2023 were non-alcoholic (NA) offerings, according to full-year NIQ data shared in Bump Williams Consulting’s 2023 craft review.
Danish multinational brewer Carlsberg has acquired a 20% stake in Mikkeller from New York-based private equity firm Orkila Capital, the Denmark-based craft brewery announced.
Another Heineken executive is moving over to the Lagunitas team. The Heineken-owned, Petaluma, California-based craft brewery announced today the appointment of Peter Green as head of sales. Green will officially take over the role on March 1.
