In this week’s edition of Last Call: Brewers Association CEO Bob Pease weighs in on the Boston Beer-Dogfish Head deal; Rob Tod wins a James Beard award; Bell’s and Loveland head to arbitration; the Texas Senate strips to-go-sales amendment from a bill; and more industry news.
Anheuser-Busch InBev today reported global revenue growth of 5.9 percent in the first quarter of 2019, despite continued declines of its two biggest brands in the U.S. A-B, the world’s largest beer manufacturer, recorded global revenue growth of nearly $12.6 billion during the quarter, and a gross profit of more than $7.7 billion, as its worldwide volume increased 1.3 percent. The company’s revenue per hectoliter also grew 4.6 percent during the period.
In the latest edition of Press Clips: The Boston Globe outlines the turmoil within the Craft Beer Cellar franchise; Texas beer-to-go sales amendment passes the House; Arcadia founder transfers brewery property ownership to its bank; and Anheuser-Busch responds to MillerCoors’ corn syrup lawsuit.
ud Light’s expanding its popular citrus peels portfolio with new Bud Light Lemon Tea. The new innovation is a light lager brewed with real lemon peels and aged over real black tea leaves to give the beer its distinct flavor profile.
Today, Anheuser-Busch announced the company is expanding its emergency drinking water program in partnership with the National Volunteer Fire Council (NVFC) to deliver critical hydration to volunteer firefighters across the country.
Former Anheuser-Busch InBev chief marketing officer Miguel Patricio has been tapped to lead The Kraft Heinz Company as its next CEO. Patricio, who will supplant outgoing Kraft Heinz CEO Bernardo Hees on July 1, 2019, spent about two decades with A-B InBev.
Budweiser unveiled its new Discovery Reserve American Red Lager, a limited-edition beer brewed to celebrate the 50th anniversary of the Moon landing and the determination of the American spirit
In this week’s Last Call: Patagonia sues Anheuser-Busch for trademark infringement; Stanford researchers find consumers more negatively view beer made by women; Maryland lawmakers pass franchise law reform and modernization bill; and more industry news.
In this week’s edition of Last Call: Deschutes tells Roanoke city officials it is unlikely to build a production facility by a 2021 deadline; Trillium spends $13 million to acquire Canton real estate; Deschutes hires ex-Dogfish Head VP of marketing; BrewDog shares Q1 highlights; and more industry news.
Big beer’s “corntroversy” is moving from television screens to the courtroom. MillerCoors today filed a lawsuit in the U.S. District Court for the Western District of Wisconsin that claims Anheuser-Busch’s Bud Light Super Bowl ads and its subsequent “transparency” ads are part of a “false and misleading advertising campaign” aimed at deceiving health-conscious consumers.
The NCAA men’s basketball tournament officially tips off on Thursday, and several major beer manufacturers are already jockeying for fans’ attention. MillerCoors, Anheuser-Busch InBev, Craft Brew Alliance (CBA) and D.G. Yuengling are among the beer companies hoping consumers will want to catch a buzz with their products while watching for buzzer beaters this month.
Anheuser-Busch InBev today said it planned to make a number of changes to its board of directors, including the appointment of former Altria CEO Martin Barrington as chairman and the addition of three more female board members. The changes are subject to shareholder approval and expected to become official on April 24, following the company’s annual shareholder meeting.
In the latest edition of People Moves: Long-time beer executive Bill Hackett retires from Constellation Brands; Crook & Marker hires Bai president; and Anheuser-Busch InBev board chairman set to resign.
Don’t be alarmed if your next Natty beer run has you crossing paths with a fun-loving flock of flamingos because Naturday season is officially her. Natty Light is introducing Naturdays, a sessionable light lager brewed with phenomenal strawberry lemonade flavor.
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