Craft Brew Alliance shared additional details about its fourth quarter and full year 2014 earnings this morning, highlighting record sales, core brand growth and bottom line improvements during a call with investors. On the year, CBA increased net sales 12 percent against 2013 numbers, exceeding the $200 million mark in the process, both record figures in the company’s history. Gross Profits rose 17 percent while operating income increased 50 percent, to $5.7 million.
Craft Brew Alliance, Inc. (“CBA”) (Nasdaq: BREW), a leading craft brewing company, today announced final financial results for the fourth quarter and full year ended December 31, 2014, in line with preliminary results released February 5, 2015. The Company also reconfirmed previously reported guidance for 2015, with a continued focus on driving sustained top line growth and strengthening its bottom line
BARTRENDr, a social networking app designed to enable bar-goers to connect and share their night out, announced today the launch of a new feature allowing users to share data from within their own homes, called ‘MyBar.’ By increasing social interaction among BARTRENDr’s growing user base outside of the bar scene, MyBar will also generate tangible data on the consumption habits of users from within their homes and other private settings – something that wasn’t available, until now.
The nonprofit trade group that advocates on behalf of the nation’s craft brewers grew its surplus more than 69 percent last year, topping $4.2 million. The organization made net revenues of $21.1 million – with nearly half of that coming from the many events the organization hosts in a given year – up from $17.6 million the year prior, according to the report.
On April 9th, Southbound Brewing Company will be tapping a special Small Batch Release of “Damn Yankee”, an oatmeal stout crafted by WTOC’s Don Logana and Southbound.
The Roscoe NY Beer Co. is pleased to announce the launch of two new craft beers, Trout TownTM Rainbow Red Ale and Trout TownTM Brown Ale, which will be available this April. Trout TownTM Rainbow Red is an India style red ale with floral and citrus hop aromas that starts out with a rich burst of malts then carries into a hop bitterness and has an ABV (alcohol by volume) of 7.5 percent.
This year’s allotment of Pliny the Younger has come and gone in Colorado but the financial contributions made by the craft beer community will leave a lasting impact on local breast cancer support center, Sense of Security.
On March 3rd, Hangar 24 Charities received approval from the Redlands City Council to hold the Hangar 24 AirFest & 7th Anniversary Celebration on May 16th at the Redlands Municipal Airport.
Mission Brewery is proud to announce the launch of its Hard Root Beer. The idea for Hard Root Beer, which is available in Mission Brewery’s tasting room and coming soon to retailers nationwide, originated before a baseball game.
With many parts of the country buried in snow, it’s a good time to start thinking about the joys of summertime, including another season of New Belgium Brewing’s Tour de Fat.
Oskar Blues is rolling out PINNER Throwback IPA in 6-packs of 12-ounce CANs nationwide this month, following the release of PINNER in mixed 12-pack CANundrum and on draft. Coming in at 4.9 percent ABV and 35 IBUs, this primo dry-hopped brew is easy to throw back. To put it bluntly, PINNER is the lowest year-round ABV beer to blaze out of Oskar Blues’ brewhouses.
Coronado’s Award-Winning ales have attributed to continued growth in 2014 including a 58 percent growth in total revenue year-over-year and brewing almost 30,000 barrels, a 36 percent increase from 2013.
The future ownership structure of Full Sail Brewing, an employee owned beer company based in Hood River, Ore., could be known as early as Friday afternoon. Last week, Full Sail CEO Irene Firmat and executive brewmaster Jamie Emmerson told The Oregonian that 78 current and former employee-owners would vote on a possible sale to Encore Consumer Capital, a San Francisco-based private equity firm.
