Boston Beer Company emerged with a “buy” rating following the results of financial services firm Jefferies’ 11th bi-annual beer distributor survey. Jefferies equity analyst Kaumil Gajrawala cited Twisted Tea’s dominance of the flavored malt beverage (FMB) segment, and the “stabilization” of Truly Hard Seltzer trends leading to less volatility, among the reasons for the improved rating.
Boston Beer Company founder and board chairman Jim Koch was brutally honest about some of the company’s past failings in a fireside chat with Goldman Sachs analyst Bonnie Herzog today during the investment firm’s Global Staples Forum.
Hella Cocktail Co., known for its bitters and mixers, is making a foray into bev-alc with a ready-to-drink (RTD) line debuting this week, Hella Margaritas.
Vintage Wine Estates (VWE) has concluded another round of layoffs, the fourth time the company has done so in the past 14 months.
Sierra Nevada VP of sales Ellie Preslar has been promoted to chief commercial officer of the California-based craft brewery. Preslar fills the position left vacant by the retirement of Joe Whitney in October, after 17 years at Sierra Nevada.
Harley-Davidson is rolling into the non-alcoholic (NA) beer segment via a licensing deal with Wisconsin Brewing Company. Road King American Pils is rolling out now throughout the Badger State in 16 oz. can 4-packs.
If Tip Top Proper Cocktails had the resources, it would’ve released 11 new styles of canned cocktails this year. While they settled for about half that amount, the team still argues that constant innovation is what makes their brand the most in touch with cocktail culture—and helps a small company like theirs carve out a distinct position in a saturated category.
Former Molson Coors exec Pete Marino has found a new role as president of Kentucky-based Bardstown Bourbon Co.
Operating in a tourist-heavy city such as New Orleans can be a gold mine for hospitality businesses, but comes with its own challenges and hurdles, as COVID-19 taught business owners.. Urban South founder and CEO Jacob Landry shares what it’s like to run a brewery in the city in the latest edition of Brewbound’s Insider-exclusive Q&A series A Round With.
Russian River Brewing’s 20th annual Pliny the Younger release contributed $8.6 million in economic impact to the local economy in Sonoma County, according to the California-based brewery and the Sonoma County Economic Development Board (EDB).
Brewers Association (BA) chief economist and VP of strategy Bart Watson provides insights into the state of the craft brewing industry, while senior director of federal affairs Katie Marisic gives an overview of the trade group’s government affairs work on the latest edition of the Brewbound Podcast.
Brewbound Insider newsletter: Great Lakes’ leadership shakeup; A-B’s U.S. shipments and depletions decline double digits; Lead Dog Brewing founder buys back brewery; Goose Island’s Salt Shed location opens; and Boulevard hits the Jackpot with Tank 7.
BrewDog co-founder James Watt has stepped down as CEO of the Scottish craft brewery and will assume the new role of “captain” and co-founder, while also serving as a non-executive director on the company’s board of directors, according to multiple news reports.
Anheuser-Busch InBev’s (A-B) U.S. businesses recorded double-digit shipments and depletions declines in Q1, the final quarter before the company begins to lap initial accelerated declines from the conservative-led boycott of Bud Light that began in April 2023.
