Brewbound ICYMI: Craft Brewers Try to Find A New Groove

Brewbound ICYMI: Craft Brewers Try to Find A New Groove

Craft brewers have been living in turmoil for a few years now. Slowing growth, increasing competition, a pandemic, shifting consumer focuses, a consolidating middle tier, shrinking retail shelf space, supply chain turmoil, inflation, layoffs, increased minimum wage, skyrocketing rents have all taken a toll. So craft brewers continue to try to figure it out.

Monster ‘Pleased’ with Early Alcohol Performance

Monster ‘Pleased’ with Early Alcohol Performance

Monster Beverage Corporation reported net sales growth of 13.9% to $6.31 billion – up from $5.54 billion the year before – in its Q4 and full year 2022 earnings report yesterday. The results arrive as the company pushes forward with its expansion into new beverage categories, including alcohol.