Molson Coors Beverage Company

Anheuser-Busch InBev’s (A-B) trends continue to improve in the latest monthly off-premise scans report from market research firm Circana. Meanwhile, positive growth trends for Molson Coors and Constellation Brands – the two largest gainers from A-B’s declines – decelerated, according to data through May 19.

Production at craft breweries outside of the Brewers Association’s (BA) craft brewer definition collectively declined -6% on a comparable basis, to nearly 7.6 million barrels in 2023, according to data shared in the May/June edition of the New Brewer Magazine.

Molson Coors is shifting production of full-strength Peroni Nastro Azzurro to its brewery in Albany, Georgia, beginning in August.

Teamsters have voted to ratify a contract with Molson Coors, ending a more than three-month-long strike at the major brewer’s Fort Worth, Texas, facility.

Former Molson Coors exec Pete Marino has found a new role as president of Kentucky-based Bardstown Bourbon Co.

Move over domestic premiums, imports are king. Imports overtook domestic premiums in dollar sales in NIQ-tracked off-premise channels in the four-week period ending April 20, making imports the No. 1 beer segment in scans.

Craft finished Q1 with dollar sales nearly flat year-over-year (YoY), declining -0.3% in NIQ-tracked off-premise channels (total xAOC + liquor plus + convenience) through March 30, Bump Williams Consulting (BWC) reported in its first quarterly craft report for 2024.

Molson Coors net sales increased +10.7% (+10.1% in constant currency) in Q1 2024, as the company continues to record volume growth from its core brands, the company reported today.

As part of its ongoing commitment to environmental stewardship and community engagement, Molson Coors Beverage Company is undertaking a series of companywide initiatives and volunteer activities in its hometowns and brewery sites for Earth Week 2024.

Consumer sentiment toward Anheuser-Busch InBev’s (A-B) Bud Light continues to decline more than a year after the initial boycott of the brand, according to a HundredX survey, shared by Goldman Sachs in its latest Beverage Bytes report.

Constellation Brands is expected to be the biggest winner in shelf resets this spring, according to the most recent Beverage Bytes beer distributor survey by Goldman Sachs.

Molson Coors is bringing back one of its most famous advertising campaigns. The company is reviving the Miller Lite “Tastes Great, Less Filling” debate that started in 1975 and tapping a new generation of “Miller Lite All Stars.”

Teamsters are calling for a boycott of Molson Coors’ products as workers continue to strike at the beer giant’s Fort Worth production brewery.

Several news nuggets came out of Molson Coors’ annual 10K filing with the Securities and Exchange Commission (SEC) and first ever presentation at the Consumer Analyst Group of New York (CAGNY) conference earlier this week.