Molson Coors FY24 Shipments -6.4%, Depletions -3.4%; Expect Low-Single-Digit Growth in 2025

Molson Coors FY24 Shipments -6.4%, Depletions -3.4%; Expect Low-Single-Digit Growth in 2025

Molson Coors Beverage Company’s overall business remained in the red as the company closed its 2024 fiscal year. However, the fourth quarter showed improvement over the double-digit declines reported in Q3, and leadership is confident the company can return to growth in 2025, according to Molson Coors’ earnings call today with investors and analysts.

Brewbound Podcast: Lawson’s Finest CEO on a Decade of Sip of Sunshine

Brewbound Podcast: Lawson’s Finest CEO on a Decade of Sip of Sunshine

2025 marks a milestone year for Lawson’s Finest Liquids and its flagship Sip of Sunshine IPA. How will the Vermont craft brewery celebrate a decade of Sip of Sunshine IPA? CEO Adeline Druart shares details on the latest Brewbound Podcast.

Hailee Steinfeld Unveils RTD Cocktail Brand Angel Margarita

Hailee Steinfeld Unveils RTD Cocktail Brand Angel Margarita

Actress and singer Hailee Steinfeld is the latest celebrity seeking to make a splash in the crowded ready-to-drink cocktail space, announcing today the launch of Angel Margarita in partnership with Jordi Zindel and Rodrigo Hernandez of Premium Beers Group.

🤠 Tilray Holsters Revolver, Moves Production

🤠 Tilray Holsters Revolver, Moves Production

Tilray Ceases Large-Scale Production at Revolver; Boston Beer Boosts Executive Pay +3%-8%; DISCUS: 2024 Spirit Sales Flat; People Moves at the BA and Mass Brewers Guild; Circana: Bev-Alc in Red Ahead of Super Bowl; ‘We’re Confusing the Hell Out of Shoppers.’

Tilray Ceases Large-Scale Production at Revolver; Taproom Remains Open

Tilray Ceases Large-Scale Production at Revolver; Taproom Remains Open

Tilray Brands is moving large-scale production from Revolver Brewing’s facility in Granbury, Texas, to other facilities, the company confirmed in a statement to Brewbound. Revolver’s Texas location “will continue to operate, focusing on unique and innovative brews, and the taproom will remain open.”

US Spirits, Beer Advocates Brace For Steel And Aluminum Tariffs

US Spirits, Beer Advocates Brace For Steel And Aluminum Tariffs

American bev-alc suppliers are still in the crosshairs of a trade war. On Sunday, President Donald Trump reignited trade tensions with the European Union, threatening to bring back policies that hit American spirits exports hard in his first term.

Circana: Craft Posts 4-Week Dollar Sales Improvement to Start 2025

Circana: Craft Posts 4-Week Dollar Sales Improvement to Start 2025

Craft’s rolling four-week losses improved to start 2025, according to the most recent report from market research firm Circana. The segment’s off-premise dollar sales declined -3.1% and volume, measured in case sales, declined -4.6% in the four-week period ending January 26 (L4W) at multi-outlet grocery, mass retail and convenience stores (MULO+C). That marked an improvement over the prior four-week period (through December 29, 2024), when craft dollars declined -5.1% and volume declined -6.5%.