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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.”
The legal sparring between exporter CraftCanTravel LLC (CCT) and Anheuser-Busch InBev (A-B) continues. CraftCanTravel sued A-B in federal court last year, alleging that the brewer infringed upon its exclusive rights to export the former Craft Brew Alliance (CBA) portfolio of brands, including Kona Brewing, “to most of the world.”
The beer category’s current bogeymen aren’t what’s plaguing Constellation Brands, leaders explained during Deutsche Bank’s dbAccess Global Consumer Conference last week.
Tilray Brands chairman and CEO Irwin Simon doesn’t believe the narrative that drinkers – including the youngest legal-drinking-age consumers – are giving up alcohol.
Total bev-alc dollar sales declined -2% both year-over-year (YoY) and week-over-week (WoW) in Circana-tracked off-premise channels through May 18, according to the market research firm’s latest weekly report.
Anheuser-Busch InBev (A-B) has revealed its new energy drink line Phorm Energy, as the beer giant seeks to make its presence felt in a category that has become increasingly important, and unstable, to beer distributors in recent years. Using the tagline “We do the Work,” Phorm Energy aims to deliver “energy, hydration and focus” through a zero-sugar, four-SKU line of 16 oz cans in four flavors.
Volume at craft breweries outside of the Brewers Association’s (BA) definition of small and independent declined 4% on a comparable basis, to 6.752 million barrels, in 2024, the trade group reported in the May/June edition of The New Brewer magazine.
Distributors have become increasingly more pessimistic about beer. But how do they feel about the biggest suppliers and their outlooks for 2025? Investment banking firm Jefferies asked this question in its latest beer distributor survey, which represented portfolios from Tilray (60% of respondents), Constellation (55%), Anheuser-Busch InBev [A-B] (50%), Molson Coors (50%), Boston Beer (40%) and more.
Softer than expected Q1 trends have caused distributor sentiment to wane for the beer category, according to survey results from investment banking firm Jefferies.
Beverage-alcohol’s embrace of flavor and craft beer’s shifting distribution trends were among spotlighted issues during last week’s Beer Marketer’s Insights Spring Conference in Chicago. Leaders from BeatBox Beverages, Boston Beer Company, Atomic Brands, Columbia Distributing and Anheuser-Busch InBev (A-B) shared where their business and the beer category is heading. Here are a few soundbites from the conference.
Anheuser-Busch InBev (A-B) is shaking up its distribution network for its spirits-based, ready-to-drink (RTD) cocktail brands. The moves are concentrated in California, where A-B told Republic National Distributing Company (RNDC) it would move the Cutwater Spirits RTD family to Southern Glazer’s Wine and Spirits (SGWS).
Five of the top 25 beer vendors in Circana-tracked off-premise channels eked out both dollar sales and volume growth in the L4W (data ending April 20), according to the latest monthly report from the market research firm.
There’s a big change coming to this year’s Bourbon County Brand Stout (BCBS) release: It’s getting smaller. Goose Island will package Original BCBS in 4-packs of 10 oz. bottles.
Anheuser-Busch (A-B) InBev recorded mid-single-digit losses in revenue (-5.1%), shipments (-6.7%) and depletions (-5.4%) in the U.S. during the first quarter of 2025, the company reported Thursday.