Boston Beer Company’s second quarter earnings call in July set the stage for a tumultuous third quarter that saw the company pull its financial guidance and anticipate write-off costs related to excess hard seltzer inventory, which was followed by a rush of investor lawsuits. Although the Q2 earnings report left analysts flummoxed and disappointed, the company’s third quarter earnings report came with less of a jolt but more of the residual sting of the slowdown in hard seltzer growth and lowered expectations.
The Mass Brewers Guild’s 4th annual technical brewing and business conference (MBG Con) – presented by GHM Insurance – will return to Jack’s Abby Craft Lagers on Monday, Nov. 8 for a daylong series of workshops, panel discussions, lectures and networking to support the craft beer community.
Beach Juice, known for its laid-back, fun-loving brand of canned roses and cocktails, announced that its added industry vet Patrick Brane as vice president for sales, a key hire at a moment when the company has built considerable momentum in the Ready-to-Drink category.
Pandemic-driven declines and an inability to convert the space to include brewing capacity, food service and outdoor seating factored into Deschutes Brewery’s decision to shutter its Roanoke, Virginia-based tasting room later this year, executives explained yesterday.
From the brewery that produces big-ABV favorites – like The Truth Imperial IPA (8.7% ABV), Gonzo Imperial Porter (10% ABV) and Double Dog Double IPA (12% ABV) – comes Triple Dog Triple IPA, an all-new epic beast with a so-big-you’ll-need-to-clear-your-calendar-that-night-high ABV to match.
For the 2021 holidays, Northern California’s farm-to-barrel craft beer pioneers Almanac Beer Co. offer a fun and delicious way to give the craft beer enthusiast in your life a gift to remember.
EatOkra, the leading app amplifying Black-owned restaurants, chefs and food makers nationwide, will launch a dining series in October 2021 sponsored by New Belgium Brewing across Atlanta, GA.
In honor of International Pronouns Day, Truly Hard Seltzer, a leader and innovator in the hard seltzer category, is launching its TrulYou customizable can insulator that allows drinkers to display their pronouns right on their Truly can.
Anheuser-Busch continues to restructure its commercial leadership team, announcing Wednesday the appointment of a new president of its AB ONE division of wholly owned distributors
