BeerBoard: Q1 Draft Beer Volume -8.5%, Packaged +6.4%
Beer’s Q1 on-premise sales were a mixed bag, according to the latest data report from tech and on-premise data firm BeerBoard.
Beer’s Q1 on-premise sales were a mixed bag, according to the latest data report from tech and on-premise data firm BeerBoard.
Remember the days when the biggest gripes around tax and trade matters was that the TTB wasn’t approving new beer labels quick enough? Well, at least #TrumpTariffs are not holding Ryan Reynolds back – he’s now looking to dominate the boxed wine business (gin, it’s been real) and teaming up with the GALLO folks to create an Ugly Estates wine line, whose initial rollout will be in Texas.
Few were immune to beer’s tough March, even the country’s largest beer vendors, according to the latest monthly report from market research firm Circana.
Gavin Hattersley will retire at the end of 2025 after six years as CEO of Molson Coors Beverage Company. Molson Coors’ board of directors will begin a search for Hattersley’s successor, tapping “a nationally recognized search firm” to review internal and external candidates.
Family-owned, boutique craft distributor VT Beer Shepherd has sold part of its portfolio, including the distribution rights to Lawson’s Finest Liquids, and has ceased operations. Baker Distributing in Colchester, Vermont, has acquired the distribution rights to Lawson’s Finest and other brands from VT Beer Shepherd.
The Consumer Price Index (CPI) for beverage-alcohol away from home continued to outpace overall inflation through the first three months of 2025, according to the latest report from the Bureau of Labor Statistics (BLS).
Monster Brewing will cease operations in Utah late next month, the company announced Thursday. Production of its Utah-based brands Wasatch Brewing and Squatters Brewing will shift to other facilities within Monsters’ bicoastal network, according to a statement from Monster Brewing president Ray LaRue.
Constellation Brands’ lowering of its medium-term forecasts Wednesday may not have been a total surprise to industry members given the volatility of the beer market, stacked on top of today’s tumultuous economic climate.
Get out your day-glo body paint and fuzzy boots because festival season is about to start with Coachella’s two-weekend-long party – and this year the adult non-alcoholic (ANA) category is coming out in force.
BevNET spirits editor Ferron Salniker joins this week’s Brewbound Podcast to share the scuttlebutt from DISCUS’ annual meeting, including tariff talk, trends to watch, distributor consolidation and supplier jumps to beer distributors. Plus, Justin and Zoe share their experiences after attending Bell’s Oberon Day in Kalamazoo, Michigan and break down the latest craft-on-craft deal activity in Colorado.
Beer distributors’ top priority in lobbying visits with congressional members during the National Beer Wholesalers Association (NBWA) legislative conference was to push for permanence for lowered tax rates put in place by the 2017 Tax Cuts and Jobs Act (TCJA).
After months of avoiding a concrete answer on how tariffs could impact Constellation Brands’ Mexican beer import business, the company has now lowered its medium-term projections due to economic expectations.
Tilray Brands will cease operations at Hop Valley Brewing in Eugene, Oregon, in July, and transfer production of Hop Valley beers to other breweries owned by the global cannabis and U.S. craft brewing company, Brewbound has learned.
Craft off-premise declines accelerated last month, which should come as no surprise to anyone keeping up with March scans and data reports. In the last four weeks (ending March 23), craft beer dollar sales declined 5.1% year-over-year (YoY) and volume, measured in case sales, fell 6.4%, in Circana-tracked off-premise channels (total U.S. multi-outlet, plus convenience), according to the market research firm’s latest monthly report.