News

Craft beer industry news.

‘Cautious and Prudent’ Boston Beer Adjusts Financial Guidance

‘Cautious and Prudent’ Boston Beer Adjusts Financial Guidance

As a response to the instability in segments of the beer industry, Boston Beer Company has adjusted both its financial guidance and its approach to innovation, executives shared yesterday during the company’s third-quarter earnings conference call.

📉 Craft Scan Data Appears to Begin Hibernation

📉 Craft Scan Data Appears to Begin Hibernation

Craft declines have accelerated slightly as seasonal buying patterns return to the off-premise, according to Circana in the data firm’s monthly beer report.

Jack’s Abby Craft Lagers Partners With Ohanafy

Ohanafy, the leading beverage management platform built on Salesforce, is proud to announce that Jack’s Abby Craft Lagers has chosen them as their software provider.

Boston Beer Q3 Shipments -2.5%, Depletions -6%

Boston Beer Q3 Shipments -2.5%, Depletions -6%

Boston Beer Company has updated its full-year guidance following its Q3 earnings results, with slightly more pessimistic expectations for the year.

Pelican Brewing Launches Marine Haze

Pelican Brewing Company introduces Marine Haze Hazy IPA to their year-round line up of packaged beers.

Brewbound Podcast: Bernstein Analysts on Ozempic’s Effect on Bev-Alc Consumption

Brewbound Podcast: Bernstein Analysts on Ozempic’s Effect on Bev-Alc Consumption

Bernstein Autonomous analysts Nadine Sarwat and Trevor Stirling share what they know so far about Ozempic, Wegovy and other diet/diabetes drugs’ effect on alcoholic beverage consumption. Sarwat and Stirling break down why these drugs have entered popular culture conversations, what users are saying about their cravings, comparisons to past diet trends and much more.