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.
A federal judge has denied Molson Coors’ attempt to toss a $56 million jury award to Stone Brewing in the San Diego craft brewery’s trademark infringement lawsuit over the 2017 refresh of Keystone Light packaging, according to an order filed Tuesday.
U.S. brewers shipped an estimated 16 million barrels of beer in June 2022, a -3.3% decline (or -540,652 barrels of beer) compared to June 2021, the Beer Institute reported, citing domestic tax paid shipments from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Due to the “greater than expected continuing decline in demand in the hard seltzer category,” Boston Beer Company has “reduced” its fiscal year 2022 volume and earnings guidance, founder and chairman Jim Koch said in a press release announcing the company’s Q2 2022 results.
Lagunitas is undergoing a brand refresh to bring more of a billboard effect to retail shelves and increase brand awareness across its portfolio. Although there have been tweaks here and there to designs over the years, this marks the first global packaging redesign for the brand.
Beer category (beer, FMBs, sugar-based hard seltzer, and cider) dollar sales increased +2.9% in off-premise retailers during the two-week period covering the July 4 holiday (ending July 9) compared to the same timeframe in 2021, market research firm NielsenIQ reported.
With Stone Brewing’s sale to Sapporo expected to close in August, the Escondido, California-headquartered craft brewery has promoted Nicole Williams and Robert Kuntz to lead brewing operations at its bi-coastal facilities in Escondido and Richmond, Virginia.
Following the New Jersey Division of Alcoholic Beverage Control’s (NJABC) move to enforce special conditions that restrict craft breweries’ ability to host events and offer food, state Sen. Michael Testa has announced he will introduce a bill to counter the restrictions.
Two St. Louis craft breweries are forming a partnership. Schlafly Beer and non-alcoholic beer maker WellBeing Brewing Co. announced a joint venture Thursday that will see Schlalfy manage sales and production of WellBeing’s brands while also working with the company’s existing contract brewing and distribution partners.
Another financial services firm has lowered Boston Beer Company’s stock (SAM). RBC Capital Partners today downgraded the company’s stock from an “outperform” rating to “sector perform.”
Weeks after a partial roof collapse at Buoy Beer Company’s facility in Astoria, Oregon, the company has resumed beer production and operations of its restaurant, as well as opened a summer pop-up pub.
The 2022 release of Russian River’s Pliny the Younger generated $6.1 million in economic impact, a record for the brewery and a $1 million (+20%) increase compared to 2020, the last year that the triple IPA was released.
U.S. beer shipments declined -2.2% in May 2022, to an estimated 14.6 million barrels, according to the Beer Institute, citing the latest domestic tax paid shipment estimates shared by the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Constellation’s beer depletions increased +8.7%, while shipments grew +17.3%, to 99.5 million case equivalents during the first quarter of its 2023 fiscal year, the company reported today. Net sales increased +21%, to more than $1.898 billion, with gross profit of more than $1 billion (+14%). The beer business’ operating income also increased +13%, to $762.8 million.