Big Beer

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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.

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.”

Additional Content

Leinenkugel’s Summer Shandy Buoyed by On-Premise Return, New Package Formats

Leinenkugel’s Summer Shandy Buoyed by On-Premise Return, New Package Formats

Boosted by an earlier-than-expected seasonal transition and the return of the on-premise channel, sales of Leinenkugel’s Summer Shandy have increased 13% year-to-date, according to the Molson Coors Beverage Company blog. “As we continued to excel with distribution and sales and the off-premise, we were able to quickly transition into Leinenkugel’s Summer Shandy,” Dick Leinenkugel, president and chief beer merchant of Jacob Leinenkugel Brewing Company, told Brewbound.

Legal Roundup: Sierra Nevada Counter Sues Matagrano; Grupo Modelo-Constellation Brands Lawsuit Continues

Legal Roundup: Sierra Nevada Counter Sues Matagrano; Grupo Modelo-Constellation Brands Lawsuit Continues

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.

Hard Seltzer Leaders: Segment Could Make Up 30% of Beer Category by 2025; Retail Shakeout Expected to Begin This Fall

Hard Seltzer Leaders: Segment Could Make Up 30% of Beer Category by 2025; Retail Shakeout Expected to Begin This Fall

Just how big a part of the beer category could hard seltzer be by 2025? It depends on who you ask. During this month’s Beverage Forum, Anthony Von Mandl and Jim Koch, the leaders of the companies that produce the two largest hard seltzer brands, White Claw and Truly, respectively, offered differing projections, according to analysts’ reports.

Anheuser-Busch Announces Executive Leadership Changes

Anheuser-Busch Announces Executive Leadership Changes

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.