Anheuser-Busch InBev Q1: US Shipments -3.8%, Depletions -5% But Revenue +2.1%
Anheuser-Busch InBev increased total revenue (+11.1%), volume (+2.8%) and revenue per hectoliter (+7.8%) in the first quarter of 2022, the company reported today.
Anheuser-Busch InBev increased total revenue (+11.1%), volume (+2.8%) and revenue per hectoliter (+7.8%) in the first quarter of 2022, the company reported today.
Los Angeles-based Calidad Beer, known for its Mexican-inspired lager, launched its first brand extension today: Agua Fresca, a line of hard seltzers.
Hard kombucha maker JuneShine released Permanent Vacation today in collaboration with DJ, songwriter and JuneShine investor Diplo.
Russian River co-founder Natalie Cilurzo urged craft brewers to delve into the motivation and mission behind their businesses in her keynote address to the Brewers Association’s (BA) Craft Brewers Conference (CBC) in Minneapolis on Wednesday.
Heineken USA is getting into the spirit-based, ready-to-drink canned cocktail market with Dos Equis Margarita, a line extension of the imported Mexican beer brand that will hit retailers in 10 states by the end of June.
Former Anheuser-Busch InBev executive Felipe Szpigel is merging his high-end, ready-to-drink (RTD) canned cocktail brand Five Drinks Co. into a new beverage venture platform called Better Drinks, that will bring several Brazilian brands into the U.S.
“We’ll know the future of Modern Times by the end of June, I can confidently say that,” Jennifer Briggs, CEO of the San Diego, California-based brewery, said during a discussion Tuesday with Brewers Association (BA) president and CEO Bob Pease at the Craft Brewers Conference (CBC) in Minneapolis.
“How you interpret the numbers this year is really a matter of perspective,” Bart Watson, chief economist for the Brewers Association (BA), said in his state of the industry address today during Day One of the Craft Brewers Conference (CBC) in Minneapolis.
“Steeled by struggle, renewed by resilience, optimistic and independent, we are stronger than ever,” Brewers Association (BA) president and CEO Bob Pease said during the opening session of the 2022 Craft Brewers Conference (CBC) in Minneapolis.
The beer industry has continued to “revert to pre-pandemic trends” for the fourth consecutive month, according to the National Beer Wholesalers Association’s (NBWA’s) April Beer Purchasers’ Index (BPI).
Cycling a soft first quarter of 2021, Molson Coors Beverage Company reported a +16.7% increase in net sales, to more than $2.2 billion, in Q1 2022, the company reported today.
Shifting market dynamics in the beverage-alcohol industry have forced many manufacturers, distributors, and retailers to assess their business and rethink the way they operate to meet consumer demand. Labor challenges, limited packaging supplies, increasing fuel costs, and more inflationary headwinds are causing major supply chain issues, including more frequent out-of-stocks.
How can festivals make the beer community more welcoming to people who often don’t see themselves reflected in it? Barrel and Flow co-founder Day Bracey and Grace Weitz, founder of Beers With(out) Beards and the Queer Beer Festival, join the Brewbound team to discuss how their festivals offer inviting experiences to beer drinkers who buck the conventional stereotype of white, bearded, flannel-wearing men.
Two years removed from the pandemic’s interruptions in business and regular life, Allagash — the 23rd largest Brewers Association-defined craft brewery by volume (and 32nd largest brewery in the U.S. overall) — is well-positioned heading into the summer.