News

Craft beer industry news.

Indeed Brewing Company Releases Giant for a Day Double IPA

Indeed Brewing Company is introducing a new core beer to its lineup. Giant for a Day Double IPA is a limited release that will be available in Minnesota, North Dakota, and Wisconsin in March and April.

Anheuser-Busch InBev Revenue Tops $54.3 Billion in 2021; Volume Hits All-Time High

Anheuser-Busch InBev Revenue Tops $54.3 Billion in 2021; Volume Hits All-Time High

Anheuser-Busch InBev’s global revenue reached $54.3 billion in 2021, the company reported today during its full-year and Q4 2021 earnings report. CEO Michel Doukeris noted that the world’s largest beer manufacturer’s volume hit an “all time high” in 2021, increasing +9.6% for full-year 2021, to nearly 581.7 million hectoliters (495 million barrels).

Rhinegeist Launches in Michigan

Cincinnati-based Rhinegeist Brewery is excited to announce its expansion into Michigan, bringing its full line of products to the Great Lakes State for the first time. Starting March 1st, Rhinegeist will be available on draft, and in cans and bottles throughout Michigan.

Squatters Founders Buy Back Restaurants and Brewpubs

Squatters Founders Buy Back Restaurants and Brewpubs

Squatters founders Peter Cole and Jeff Polychronis’ PRC Restaurant Company, along with boutique investment firm Sentry Financial and local investors, acquired the Salt Lake Brewing Company from CANarchy.

Molson Coors Full-Year Shipments Decline -0.5%, Net Sales Increase +6.5% as Company Focuses on Premiumization

Molson Coors Full-Year Shipments Decline -0.5%, Net Sales Increase +6.5% as Company Focuses on Premiumization

Molson Coors’ net sales increased +6.5% for the full 2021 fiscal year and +14.2% in the fourth quarter, the company reported today. The company posted net sales of $10.279 billion for the year that ended December 31. Worldwide, shipments (sales to wholesalers) declined -0.5% and brand volume (similar to depletions, which are sales to retailers) declined -1.7% over the course of the year.