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Big Beer
Read the latest beer industry news relating to Big Beer including earnings reports and updates from key players such as A-B Inbev, Molson Coors, Constellation Brands, Heineken, Diageo, Boston Beer, and others. Explore market trends, global expansion efforts, and strategic partnerships within the beer industry.
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Anheuser-Busch InBev may be the top beer manufacturer in the world, but it has a way to go in spirits. “We are the competition,” A-B CEO Michel Doukeris said of the company’s position in the spirits category during Thursday’s Q2 earnings call.
Tilray Brands chairman and CEO Irwin Simon had a message for Wall Street during the company’s full-year fiscal year 2026 earnings call: “We are no longer defined by one category, one market or one regulatory outcome.”
Boston Beer Company has found another growth driver with its spirits-based hard tea brand Sun Cruiser, which continues to deepen its distribution footprint. But the hot ticket item continues to be unable to stop flooding volume from its sibling brands, as the company recorded yet another quarter of shipments and depletions losses.
Fiscal year 2025 (FY25) marked Boston Beer Company’s fourth consecutive year of shipments (sales to wholesalers) and depletions (sales to retailers) declines. But leadership’s remarks during Tuesday’s earnings call with investors and analysts were anything but negative.
Michelob Ultra Zero is now the No. 1 non-alcoholic beer brand by volume in off-premise scans tracked by Circana for the 12-week period ending February 8, Anheuser-Busch InBev shared this week. A-B hailed the brand as the “fastest-growing” NA beer in the industry. Although Michelob Ultra Zero is the top NA volume brand, it trails Heineken 0.0 in dollar sales.
Sparkling water fans are bracing themselves for a prolonged drought after The Coca-Cola Company confirmed that Topo Chico mineral water is temporarily unavailable in the United States due to production issues at the source in Monterrey, Mexico.
Molson Coors Beverage Company’s global business recorded declines across shipments, depletions and net revenue in 2025, the company shared Wednesday. In addition to reporting its Q4 and full-year financial results, Molson Coors’ top executives unveiled a new business strategy, Horizon 2030, during the CAGNY Conference in Florida.
Boston Beer Company’s top executives are receiving 3% raises, plus bonuses for 2025 performance, according to an 8-K filed Tuesday with the U.S. Securities and Exchanges Commission. Those bonuses are on the lower end of the 3% to 8% bonus range allocated by Boston Beer at the start of 2025.
Tilray Brands has signed a multi-year licensing deal with the Carlsberg Group to produce, market, sell and distribute the Danish brewer’s portfolio – including Carlsberg, Carlsberg Elephant, Kronenbourg 1664 and Kronenbourg 1664 Blanc – in the U.S. The partnership has an initial five-year term, beginning January 1, 2027.
Nick Fink’s appointment Thursday as Constellation Brands’ CEO-in-waiting sparked takes from Wall Street analysts on what the transition means for the future of the Mexican beer importer.
Strong performance from its standout brands – including Michelob Ultra, Busch Light and Cutwater Spirits – was not enough to offset declines in other areas for Anheuser-Busch InBev’s (A-B) U.S. business in 2025.
Heineken is expanding its non-alcoholic (NA) beer line with two new Heineken 0.0 flavors: Cold Pressed Lime and Nectarine Juniper. The first flavor varieties for the NA beer brand will launch next month in the U.S., Heineken USA CEO Maggie Timoney shared last week.
Heineken N.V. will slash around 7% of its 87,000-person global workforce over the next two years, the company announced Wednesday during its full-year 2025 earnings report.
Boston Beer Company CMO Lesya Lysyj will step down from her role, effective March 6, according to an 8-K filing with the U.S. Securities and Exchange Commission.
If December’s trends reversed craft beer’s fortunes in the off-premise, January’s easier comps added a strong tailwind. Craft continued to outpace the overall beer segment in the convenience channel, with dollar sales up 5.4% and volume, measured in case sales, up 0.4% year-to-date (YTD) through January 25, according to market research firm Circana.