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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.
The spiked sports drink competition is getting another major player. Boston Beer Company will officially launch Rally Dog Vodka Ade in four test markets in September.
Check out news items initially reported in the Brewbound Insider Newsletter August 20-21, including headlines from the Brewers Association, Constellation Brands, Sierra Nevada and more.
Boston Beer Company CFO and treasurer Diego Reynoso is leaving the company a year after it awarded him a $1.2 million stock retention bonus, according to an 8-K filing Thursday.
Diageo CEO Sir Dave Lewis has refused to share publicly the number of jobs the company is cutting as part of its ongoing $1 billion restructuring effort. However, the company’s annual report released Tuesday revealed Diageo cut its workforce by more than 6% in its 2026 fiscal year.
Workers at the Samuel Adams Boston Brewery in Jamaica Plain, Massachusetts, submitted an intent to unionize to Boston Beer Company on Thursday.
Check out news items initially reported in the Brewbound Insider Newsletter, including headlines from Asahi, Monster, Iron Hill and more.
Tilray Brands will shift brewing operations from Terrapin Beer Co.’s 100,000 sq. ft. Athens, Georgia-based brewery to other facilities within its network, beginning September 25, Tilray confirmed in a statement to Brewbound.
Beer, carbonated soft drinks and energy drinks are “delivering growth” for Ball Corporation, but beer is no longer the largest share of the aluminum can manufacturer’s business, CEO Ronald Lewis shared during the company’s Q2 earnings call.
Diageo CEO Dave Lewis unveiled a $1 billion cost-cutting plan for the struggling drinks giant today.
Molson Coors’ year-over-year (YoY) losses accelerated in Q2, as the company continues to tackle slowed momentum from its core beer brands. But declines have yet to sway the company away from its previously stated guidance for the full 2026 fiscal year (FY26).
Heineken’s U.S. business unit recorded a “high-single-digit” decline in volume in what the company called “a challenging beer market” during the second quarter, the Dutch brewing giant shared in its Q2 and half-year earnings this week.
Flavored alcohol’s command over industry conversations and innovation launches in the past 5+ years would lead many to assume the category now makes up a notable share of leading bev-alc companies’ portfolios.
Former Firestone Walker brand director Hannah Barnett has jumped to Pabst Brewing. Barnett is now brand director for the Pabst Blue Ribbon maker.
The largest beer companies in the U.S. continue to shift their attention toward their growing spirits-based offerings. And it’s tough to blame them, given beer’s performance so far this year.
