Boston Beer Company’s Q3 financials were described by one analyst, Bernstein’s Nadine Sarwat, as “a messy set of results.” The company’s portfolio – including Samuel Adams, Dogfish Head, Truly Hard Seltzer, Angry Orchard, Sun Cruiser and Hard MTN Dew – reported a -1.9% year-over-year (YoY) decline in shipments (sales to wholesalers) and -3% decline in depletions (sales to retailers) in the quarter.

Boston Beer Company eked out a year-over-year (YoY) increase in revenue in Q3, despite another quarter of contracting shipments and depletions, and several impairment charges for its craft brands.

Craft ‘Ohana announced a pair of “strategic partnerships” for the future of the Modern Times Beer brand and hospitality business that will see the Hawaii-headquartered company step back from the daily operations to “focus and double down” on growing Maui Brewing.

Craft declines continue to soften in off-premise scans, according to market research firm Circana. Craft dollar sales in Circana-tracked off-premise channels (multi-outlet + convenience) declined -3.6% and volume -5.4% year-over-year (YoY) in the four-week period ending October 6.

Beer trends remained “relatively stable” in the convenience channel in Q3, according to Goldman Sachs analyst Bonnie Herzog in the latest BevBytes report. Goldman Sachs surveyed retailers representing 28,000 locations, or 19% of total c-stores. Respondents reported +3% year-over-year (YoY) sales growth for beer in Q3.

The “diversification” of craft brewery portfolios with beyond beer products “is a good thing,” according to American Homebrewers Association (AHA) executive director Julia Herz, who kicked off Boston Beer Company’s annual media brunch in Denver last week during the Great American Beer Festival (GABF).

More than 270 breweries and cideries won medals at the Brewers Association’s (BA) Great American Beer Festival (GABF) on Saturday in Denver. The BA awarded 326 medals to 273 competitors in the 38th year of the competition and 42nd year of the festival.

Craft breweries made an average of $1,511.35 in total revenue per barrel of beer sold in 2023, according to the Brewers Association’s (BA) financial benchmarking survey.

Jack’s Abby and Hendler Family Brewing Company (HFB) are adding another Massachusetts brewery to their portfolio. HFB has agreed to purchase Everett, Massachusetts-based Night Shift Brewing. Financial details were not disclosed.

Crowns & Hops has stepped away from the Circle of Crowns Beverage Group (CCBG), the strategic alliance that was formed earlier this year with fellow California-based and Black-owned beverage brand Full Circle Brewing, as well as the latter’s sibling brands Speakeasy Ales and Lagers and Sonoma Cider.

Constellation Brands unveiled today the Q2 financials that showed slowing growth, which led to the company lowering its fiscal year 2025 (FY25) guidance last month.

Gulf Distributing SVP Rebecca Maisel made a rallying cry for beer distributors to get energized and invest in their businesses during her first speech as National Beer Wholesalers Association (NBWA) chair on Tuesday at the trade group’s annual gathering.

In the wake of Hurricane Helene, Sierra Nevada Brewing Company company is focused on ensuring its employees in Mills River, North Carolina, “are safe and accounted for,” while “still assessing” the damage sustained at the brewery, president and CEO Pryce Greenow told the company’s distributor partners on Tuesday.

For both the beer industry and the larger political and social environment, “there are new rules to the game,” National Beer Wholesalers Association (NBWA) president and CEO Craig Purser said in his opening remarks of the trade group’s Annual Convention in San Diego.