Just like the Kansas City Chiefs, draft beer also took an L in Super Bowl LIX. Draft beer volume declined -4.6% nationwide on Super Bowl Sunday, according to on-premise insights firm BeerBoard.
The once-booming flavored malt beverage (FMB) segment is “showing some concerning declarations over recent weeks,” Bump Williams Consulting (BWC) founder Bump Williams noted in a recent report. FMB volume gains dropped by half – from +2.2%, to +1.1% – from the four-week period to the one-week period ending May 18, according to NIQ retail measurement data cited by BWC.
Anheuser-Busch InBev (A-B) recorded double-digit shipments and depletions declines for its U.S. business in 2023, drawing to a close a tumultuous year for the company, A-B reported today.
Newly appointed Anheuser-Busch InBev CEO Michel Doukeris hosted his first earnings conference call today since taking the reins earlier this month from predecessor Carlos Brito. “Throughout my 25 years at the company, I’ve had the privilege to lead our business across different regions of the world, working alongside the industry’s most talented and passionate colleagues every step of the way,” Doukeris said. “Stepping into this role, I look forward to working together with the team to collectively drive our business into this next chapter.”
Anheuser-Busch plans to sell its wholly owned distribution business in Hawaii to multi-state wholesaler The Odom Corporation, the world’s largest beer manufacturer announced today.
More than two years after making a splashy acquisition of Houston-based Silver Eagle Distributors, Redwood Capital Investments will acquire another independent Anheuser-Busch wholesaler. This time, the private investment firm is set to acquire Pepin Distributing in Tampa, Florida, Brewbound has confirmed with multiple sources.
Anheuser-Busch InBev CEO Carlos Brito officially passed the torch Thursday to Michel Doukeris after 15 years with the world’s largest beer manufacturer.
Anheuser-Busch InBev has pulled from within its ranks for its next North American Zone and U.S. CEO, naming Brendan Whitworth to the post today.
Sierra Nevada has filed a counter lawsuit against Matagrano, Inc., the Chico-headquartered craft brewery’s former South San Francisco-based wholesaler, in the Superior Court of the state of California, County of San Mateo. The trademark lawsuit between Constellation Brands and Anheuser-Busch InBev’s Grupo Modelo over the former’s ability to produce and sell Corona Hard Seltzer will continue, despite Constellation’s motion to dismiss, a federal judge ruled this week.
Anheuser-Busch (A-B) announced a national campaign with the White House today, incentivizing adults to get vaccinated by offering free beer.
Anheuser-Busch’s (A-B) entire domestic beer and seltzer portfolio — including Bud Light, Michelob Ultra, and Brewers Collective craft brands — is now brewed with 100% renewable electricity from wind and solar power, the world’s largest beer manufacturer announced today.
Breweries that fall outside of the Brewers Association’s (BA) craft brewer definition collectively declined 5%, to 8.2 million barrels in 2020, according to data in the May/June issue of the New Brewer.
Four days after announcing a succession plan for its top leadership post, Anheuser-Busch InBev revealed several executive leadership changes with its wholesaler partners, effective immediately.
Anheuser-Busch InBev’s first quarter earnings call today was overshadowed by an earlier announcement that CEO Carlos Brito will step down this summer after 16 years of leading the world’s largest beer manufacturer. “When I joined Brahma in 1989, I never imagined the journey our company and I would embark on over the next three decades,”… Read more »
Anheuser-Busch InBev CEO Carlos Brito will step down after 15 years at the helm of the world’s largest beer manufacturer, effective July 1, and North America zone president Michel Doukeris will supplant him, the company announced today.
Steve Crandall, the co-founder of Devils Backbone Brewing Company, has died at the age of 64, nearly three years after being diagnosed with cancer.
Suzie’s Brewery, maker of Suzie’s Organic Hard Seltzer, and Anheuser-Busch InBev agreed earlier this week to settle the Oregon company’s lawsuit against the world’s largest beer manufacturer for allegedly engaging in deceptive advertising practices for its Michelob Ultra Organic Seltzer brand.
