Craft beer industry news.
Anheuser-Busch InBev (A-B) recorded a positive Q4 in its U.S. business, marking a new “inflection point” for the company, leadership shared early this morning with the release of its Q4 and full-year 2024 financials, and accompanying earnings call with investors and analysts.
Boston Beer Company ended fiscal year 2024 with nearly flat revenue growth, and low-single-digit declines in both shipments and depletions, as the company continues to battle declines from Truly Hard Seltzer, it reported today in its Q4 and FY24 financials release.
In the wake of January’s Los Angeles wildfires, Russian River Brewing Company (RRBC) joined together with more than 180 breweries from 25 states and 4 countries to brew WE LOVE LA Wildfire Relief Beer. We are launching our own version of this beer on March 7th, 2025, and donating proceeds to the United Way’s Wildfire Response Fund.
Brown-Forman is ditching Republic National Distributing Company (RNDC) for evolving total-beverage distributor Reyes Beverage Group in California.
Inter Miami CF may still be chasing honors on the field, but the club’s trophy room of sponsorships is already glittering with silverware.
Maryland lawmakers are considering a bill that would expand beer and wine sales licenses to the state’s grocery, convenience, mass retail and warehouse stores. However, House Bill 1379 “faced tough questioning in committee and faces a tough road to passage in the House,” Maryland Matters reported, citing a nearly three-hour debate over it last week.
Georgia craft brewers may soon have more options to take their products to market, as the state Senate is considering a bill that would legalize self-distribution. The Craft Beer and Local Economy Revitalization Act (S.B. 122) would permit small breweries to sell up to 3,000 barrels annually “to retailers licensed in this state that are located within a 100-mile radius of the small brewer’s licensed premises,” the bill reads.
The first two months of the year have seen a flurry of transactions for brands like Spindrift, RISE Brewing Co. and Aura Bora, but the year’s first big M&A blockbuster arrived late yesterday. As we take in our first impressions of the deal, here are the threads we’re following.
For the past three years, Farthest Star Sake has been taking curious drinkers on flavor expeditions as the only sake brewery and taproom in New England. Founder and head brewer Todd Bellomy shares his journey and his thoughts on the segment in this edition of A Round With – a Brewbound Insider-exclusive Q&A with bev-alc leaders.
The energy drink market just got a little smaller, as Celsius Holdings announced today it has agreed to acquire competitor Alani Nu for $1.8 billion, comprising a mix of cash and stock. The transaction includes a potential $25 million earn-out based on 2025 performance.
Continuing to bolster its adult non-alc (NA) portfolio, Constellation Brands has acquired a minority stake in Hiyo, a functional ready-to-drink tonic, the company announced today.
Bell’s Brewery executive vice president (EVP) Carrie Yunker will depart from the company next month after more than two decades with the Comstock, Michigan-based brewery.
Constellation Brands is facing a federal securities class-action lawsuit from an investor who alleges the company shared false information about its positive outlook for its challenged wine and spirits division.
Beer category dollar sales were roughly flat (-0.3%) to start the year at off-premise retailers tracked by market research firm Circana. Sales reached $2.854 billion at multi-outlet grocery, mass retail and convenience stores (MULO+C) in the first four weeks of 2025, through January 26.
