BeerBoard: On-Premise Open Rate Returns to Previous High of 93%

BeerBoard: On-Premise Open Rate Returns to Previous High of 93%

The open rate of bars, breweries and restaurants tracked by BeerBoard has returned to 93% during the February 24-27 weekend, the highest it has been since May 2020, according to the Syracuse, New York-based on-premise tracking firm.

Monster Execs Discuss Alcohol Strategy; CANarchy Deal Closed February 17

Monster Execs Discuss Alcohol Strategy; CANarchy Deal Closed February 17

On February 17, Monster completed its acquisition of CANarchy Craft Brewery Collective LLC for $330 million, bringing a roster of craft beer brands into its portfolio including Oskar Blues, Cigar City, Deep Ellum, Perrin Brewing, Squatters and Wasatch.

Anheuser-Busch InBev Revenue Tops $54.3 Billion in 2021; Volume Hits All-Time High

Anheuser-Busch InBev Revenue Tops $54.3 Billion in 2021; Volume Hits All-Time High

Anheuser-Busch InBev’s global revenue reached $54.3 billion in 2021, the company reported today during its full-year and Q4 2021 earnings report. CEO Michel Doukeris noted that the world’s largest beer manufacturer’s volume hit an “all time high” in 2021, increasing +9.6% for full-year 2021, to nearly 581.7 million hectoliters (495 million barrels).