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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.
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.
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.”
Boston Beer Company’s chief supply chain officer (CSCO) Phil Hodges has been promoted to chief operating officer, effective immediately, the company announced after market close Monday with a press release, and 8-K filing with the U.S. Securities and Exchange Commission.
Molson Coors Beverage Company will eliminate around 400 salaried positions across its Americas business unit by the end of December, the company announced today.
If the beer industry had a dollar for every time someone said “we’re controlling what we can control,” the category would possibly be in the black this year.
The beverage-alcohol industry has endured an “onslaught of negative news” about health concerns and alcohol consumption in 2025, Bernstein analyst Nadine Sarwat shared during a panel discussion this week at the National Beer Wholesalers Association’s (NBWA) Annual Convention in Las Vegas.
Constellation Brands’ recent volume woes are only temporary, beer division president and EVP Jim Sabia assured distributors this week during the National Beer Wholesalers Association’s (NBWA) Annual Convention in Las Vegas.
To open a conversation about craft beer in 2025, Boston Beer founder and CEO Jim Koch and Dogfish Head co-founder Sam Calagione went back about 15 years to revisit a beer they collaborated on nearly a decade before they joined their companies.
Tilray Brands’ 2026 first quarter – covering the all-important summer selling season – was “flat” due to the cannabis and craft beer platform’s Project 420 cost-savings initiative, Tilray chairman and CEO Irwin Simon shared Thursday during a call with investors and analysts.
Long-time Anheuser-Busch InBev sales leader Jake Kirsch will take over as president of its U.S. beyond beer business, effective January 1. Kirsch supplants Fabricio Zonzini, who has led the division since November 2019.
Constellation Brands has now revealed the Q2 trends that drove the company to lower its full-year guidance last month, and the numbers stand in stark contrast to a year ago.
Constellation Brands’ sales and volume declines accelerated in the company’s second quarter, according to its fiscal year 2026 Q2 earnings report. The company’s beer division – which imports Modelo, Corona, Pacifico and Victoria from Mexico – posted the following declines: Shipments (sales to wholesalers), -8.5% (-3.3% in Q1); Depletions (sales to retailers), -2.7% (-2.5% in… Read more »
A key c-suite executive is departing Molson Coors as new president and CEO Rahul Goyal realigns the company’s leadership team and organizational structure, unwinding its Americas Commercial Organization.
New Belgium Brewing is investing $20 million in Bell’s Brewery’s Kalamazoo production facility and Eccentric Cafe taproom, Crain’s Grand Rapids Business reported.
Heineken N.V. has struck a deal to acquire Florida Ice and Farm Company S.A. (FIFCO) in Central America and Mexico, the companies announced Monday.
Molson Coors named long-time chief strategy officer Rahul Goyal as the company’s new president and CEO, succeeding Gavin Hattersley who announced in April plans to retire at the end of the year.
