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.
Domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau shared by the Beer Institute (BI) reveal a slow start to 2022. U.S. brewers shipped 12.3 million barrels of product in January 2022, a 6.2% decline (-815,000 barrels) compared to January 2021’s 13.1 million barrels, according to the estimates shared by the BI.
Night Shift Brewing Company’s distribution partnership with the Sheehan Family Companies is helping the Everett, Massachusetts-headquartered craft brewery fill out the northeast. Earlier this month, Sheehan subsidiary Craft Vermont began distributing Night Shift’s offerings in the Green Mountain State.
Heineken NV reported its full-year 2021 earnings Wednesday, giving a picture into the state of its U.S. business. The Dutch brewing giant’s Heineken USA division posted low-single digit beer volume growth in 2021. However, the company recorded a nearly $231 million impairment charge related to Lagunitas.
Boston Beer Company’s full-year net revenue reached a record $2.058 billion, an 18.5% increase over 2020, the company reported today. However, the news coming out of the company’s Q4 earnings report wasn’t all rosy, with the effects of the hard seltzer slowdown dragging down the company’s results.
Boston Beer Company executive salaries for 2022 were shared in a U.S. Securities and Exchange Commission filing Tuesday. The company also announced that its top executives would forego bonuses for fiscal year 2021.
The rumored tie up between Constellation Brands and energy drink maker Monster Beverage is progressing and a deal could be completed in the coming weeks, according to a Bloomberg report.
Hair of the Dog Brewing Company founder Alan Sprints announced today that he plans to retire and shut down the 29-year-old, Portland, Oregon-based craft brewery later this year.
Hi-Wire Brewing’s third new taproom planned for 2022 will open “late this summer” in Birmingham, Alabama, the company announced this week. San Francisco-based Woods Beer & Wine Co. plans to open two new taprooms in Treasure Island and San Anselmo, as well as being distilling, according to the San Francisco Chronicle.
January started predictably slow for beer category sales in off-premise retailers. Beer category dollar sales declined -7.4% year-to-date through January 23 in multi-outlet and convenience stores tracked by market research firm IRI.
The Treasury, in conjunction with the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC), issued a 64-page report along with several recommendations that it said would “better level the playing field for small businesses and new marketplace entrants by enforcing existing laws that promote competition and modernizing outdated alcohol regulations.”
Athletic Adds Chief Sales Officer Non-alcoholic beer maker Athletic Brewing Company has hired Alex Boerger as its chief sales officer. “The hiring of Alex Boerger (CSO) and Andrew Katz (CMO) to run our commercial teams in sales and marketing has Athletic poised and ready for our next level of growth,” Athletic co-founder Bill Shufelt said… Read more »
The focus of Bump Williams Consulting’s February report zeroed in on the number of joint ventures (JVs), partnerships and alliances between large non-alcoholic beverage producers, beer manufacturers and even spirits companies.
North Coast Brewing Company has appointed Jennifer Owen as the Fort Bragg, California-based craft brewery’s next CEO, the company announced on January 27. Plus, new hires at Lord Hobo and Toppling Goliath.