A month after Molson Coors’ sunny Q2 earnings call with investors, CEO Gavin Hattersley gave an update on continued positive trends at the Barclays Global Consumer Staples Conference.
Before the Great American Beer Festival, Brewbound’s Brew Talks meetup in Denver will explore draft beer trends in Colorado, one of the most mature craft beer markets in the U.S.
Mass. Bay Brewing is hitting the reset button on its partnership with Dunkin’ for beverage-alcohol products in Year Six. Mass. Bay co-founder and CEO Dan Kenary, CMO Val Toothman and chief growth and ventures officer Nathaniel Davis share why they moved from beer centric releases to the Dunkin’ Spiked line of hard coffees and hard teas in 2023.
The average case price for beer in grocery stores has increased +16.7% since 2019, with consumers now paying more than $4 more in 2023 than they were pre-pandemic, according to Bump Williams Consulting (BWC) founder Bump Williams in his monthly industry update.
The craft brewery that led the Black is Beautiful charitable beer initiative is seeking a new equity partner to buy out one of its co-founders and take a majority stake in the business. Weathered Souls Brewing Company co-founder Mike Holt is seeking an exit from the San Antonio craft brewery that he helped found with Marcus Baskerville in 2016.
Asheville, North Carolina-based Green Man Brewing and Boone-based Appalachian Mountain Brewery’s (AMB) announced a joint venture today in which Green Man will produce AMB’s beers for distribution.
Despite some ebbs and flows, on-premise sales velocity over the last 12 weeks (ending August 26) has remained flat versus the same period in 2022, according to CGA, a NIQ-powered on-premise market research firm.
As the college football season officially kicks off, Exile Brewing’s Swarm golden ale – a beer collaboration with the Swarm Collective, a 501(c)3 non-profit that supports University of Iowa athletes via name, image and likeness opportunities (NIL) – has sold 20,000 cases in its first two months in market.
BrewDog USA has announced a reorganized sales team structure ahead of 2024. The U.S. branch of the Scotland-headquartered craft brewery will transition from a regional sales structure to a “more streamlined, divisional structure” with three divisions – Central, East and West – effective November 1, according to a press release.
Leaders from Dogfish Head, Buffalo Wild Wings and Tamarron Consulting will explore national draft trends and the opportunities during Brewbound’s Brew Talks meetup in Denver on Thursday, September 21.
Brown-Forman net sales increased 3% to $1 billion in Q1 FY 2024, but took a hit in the U.S. due to slower whiskey sales, supply chain challenges, and rebuilding inventory.