Boston Beer Company reported second-quarter depletions (sales-to-retailers) growth of 46% and shipments (sales-to-wholesalers) growth of 39.8% during the second quarter of 2020, according to financial results shared after the end of trading today.
Odell Brewing continues to expand its beyond beer offerings with Allkind Hard Kombucha, which will launch this fall. Last year, the Fort Collins, Colorado-headquartered craft brewery rolled out the OBC Wine Project, a collection of canned wines.
Nearly six months after the COVID-19 pandemic upended the beer industry, leaders from the three major beer industry trade organizations will return to discuss how the industry is meeting the challenges presented by the novel coronavirus, efforts to provide brewers with relief, the industry’s legislative priorities, and much more.
An 805 line extension is coming soon to California. Firestone Walker will start a 60-day test of 805 Cerveza — its first line extension of flagship 805 blonde ale — in early August in three California counties.
On this week’s Brewbound Frontlines, Danelle Kosmal, VP of Beverage Alcohol Practice at Nielsen, analyzes hard seltzer sales trends during the coronavirus pandemic, and leaders from Press Premium Alcohol Seltzer, Nauti Hard Seltzer and Bubs Hard Seltzer discuss how their regional and national brands are competing in the fast-growing segment.
Braxton Brewing has agreed to take over the taproom space and brewing equipment vacated by 3 Points Urban Brewery in Cincinnati, Ohio.
The CANarchy Craft Brewery Collective is leaning even harder into the seltzer space with two new mixed packs hitting retailers this fall, while also cashing in on the equity of its popular Jai Alai IPA with a low-calorie line extension called Jai Low. CANarchy’s plans for fall resets include the launch of Cigar City Jai… Read more »
The billion dollar weeks keep coming for the beer category in off-premise retailers. Beer category sales (beer, FMBs and cider) in off-premise channels increased 14.9%, to $1.007 billion, for the week ending July 11 compared to the same week one year ago, according to market research firm Nilesen. That makes eight consecutive weeks of beer category dollar sales in excess of $1 billion.
Two thirds of Texas craft breweries say their businesses will not survive until the end of the year under their state’s current operating restrictions, according to a survey conducted by the Texas Craft Brewers Guild (TCBG).
The Brewers Association (BA) today addressed criticism of its handling of racist actions by breweries within its membership. In an email to members titled “Bylaw and Governance Update,” president and CEO Bob Pease wrote that the BA has heard the criticism and its silence does not mean the calls to action have gone unheard.
On Saturday, the Massachusetts Brewers Guild and the Beer Distributors of Massachusetts announced an agreement that would cover all but two of the state’s craft breweries.
More legal drinking age consumers than ever before are drinking craft beer, market research firm Nielsen found in its sixth annual Craft Beer Insights Poll (CIP), conducted on behalf of not-for-profit trade group the Brewers Association (BA).
The fallout of Constellation Brands’ forced sale of its distribution rights in California to the Reyes Beer Division is still being felt. Anheuser-Busch and Triangle Distributing owner Peter Heimark announced Thursday an agreement to exchange distribution rights in California, according to a joint press release shared by A-B.
Molson Coors is seeking a permanent injunction to stop A-B from broadcasting additional Bud Light ads pointing out the use of corn syrup in the brewing process of its competitor’s flagship light lagers, Coors Light and Miller Lite.
