As Constellation Brands navigates uncharted stormy waters, the company’s leadership remains focused on “controlling the controllables,” CEO Bill Newlands said Tuesday.
Domestic beer shipments drop back into the red in July, according to the Beer Institute’s (BI) latest monthly economic report.
21st Amendment Brewery is ceasing operations after 25 years, as founders Shaun O’Sullivan and Nico Freccia seek a buyer for the legacy craft beer brand.
Garage Beer, the light beer brand that achieved national prominence when NFL stars Travis and Jason Kelce invested in it last year, has received “strategic growth investment” from Durational Capital Management, the company announced today.
Columbia Distributing leaders believe they’ve tapped into a pipeline for the next generation of beer industry workers. On the latest edition of the Brewbound Podcast, Columbia president and CEO Chris Steffanci, VP of sales, Portland Chris Watzig and former intern Rebecca Logan share the ins and outs of the Pacific Northwest distributor’s Beer Careers Program.
Consumers’ interest in single-serve and other “alternatives to the norm” in package sizes could be a sticky trend across not just beer, but other bev-alc categories as well, according to the latest monthly report from Bump Williams Consulting (BWC).
Who drinks draft beer these days? The draft beer drinker is an older white man who is “relatively affluent” and spends around $201 monthly on dining and drinking in on-premise outlets, according to the latest “On Premise Draft Opportunity” report from CGA and Draftline Technologies.
Dan Kleban, founder of Freeport-based Maine Beer Co., has entered the race to unseat longtime U.S. Senator Susan Collins. Kleban is the latest candidate to join a growing field of challengers in the state’s Democratic primary to take on Collins, a Republican, in 2026.
Bev-alc’s negative trends remained relatively unchanged ahead of Labor Day, according to the latest weekly report from market research firm Circana.
Two months after reporting a down Q1, Constellation Brands downgraded its guidance for fiscal year 2026, according to a press release issued today.
Sierra Nevada is committed to craft brewing. Not that there was any doubt that the family-owned, Chico, California-headquartered brewery is all in on craft beer, despite a downturn in the segment’s trends.
Despite requesting an extension to its previous deadline, getting stockholder approval for a reverse stock split earlier this summer (which it ultimately decided against) and the stock hitting a low of … $0.35 a share at one point in the past year – Tilray was able to keep its stock above $1 a share for 10 consecutive days this month, and thus get off the NASDAQ’s naughty list.
It appears beer wholesalers are not very optimistic for an end-of-summer boost in sales, according to the latest Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).
The thriving partnership between Celsius and PepsiCo is entering a new phase. The two companies announced an expansion of their long-term strategic alliance this morning that positions Celsius Holdings as PepsiCo’s “strategic energy lead in the U.S.”
