Boston Beer Company CEO Dave Burwick will step down and retire from the company’s board of directors, effective April 1. Michael Spillane, a Nike executive and lead director on Boston Beer’s board of directors, will supplant him.
Boston Beer Company has “gotten over the hump as a supplier” and become an “important” part of its wholesalers’ and retailers’ businesses, founder, chairman and CEO Jim Koch told analysts during the company’s Q1 2026 earnings report Thursday evening.
Boston Beer Company’s first quarter got off to a slow start, with year-over-year (YoY) declines in both shipments (-6.9%) and depletions (-4%), and a 4.4% decline in net revenue to $433.9 million.
A pair of Boston Beer Company brand leaders are leaving the company. After nine years of rising through Boston Beer’s rank, Matt Withington will depart this week, while Samuel Adams head of brand Lauren True is exiting the company after nearly four years.
With recent warmer weather comes an uptick in bev-alc dollar sales, which flipped to positive (+0.5%) in the two-week period ending April 4 – a sequential improvement from -0.8% in the four-week window and -1.2% in the 12-weeks, according to the latest analysis of NIQ data from Goldman Sachs Equity Research.
A jury entered a $175.5 million verdict in favor of Ardagh Metal Packaging USA against Boston Beer Company for allegedly failing “to purchase contractual minimum volumes of certain aluminum beverage can containers from 2021 to 2025,” according to an 8K filed by Boston Beer Friday with the U.S. Securities and Exchange Commission.
Dogfish Head is looking to extend its long, strange trip back to growth in 2026. Following the launch of Grateful Dead Juicy Pale Ale last year – which helped return Dogfish Head to growth – the Boston Beer Company-owned craft brewery is leaning even further into its partnership with the Grateful Dead and releasing a “Volume 2” collaboration: Citrus Daydream Lager.
Sixteen leaders from 12 bev-alc brands (and adjacent) were named to Inc.’s 2026 Female Founders 500. Representing craft beer are Holidaily Brewing (Golden, Colorado) founder Karen Hertz, Hot Plate Brewing (Pittsfield, Massachusetts) founder Sarah Real and Talea Beer Co. (Brooklyn, New York) co-founders LeAnn Darland and Tara Hankinson.
Check out news items were initially reported in the Brewbound Insider Newsletter March 2-4, including headlines from Boston Beer Company, Constellation Brands, NIQ and more.
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.
Boston Beer Company has closed out another year in a state of contraction, according to fiscal year 2025 (FY25) data shared today by the company.
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.
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.
Young Lion Gets New Owner; Ex-Employee Sues Legion Brewing; Samuel Adams Drop a Cherry Bomb; Budweiser Drops Super Bowl LX Ad; People Moves at Holidaily, Bell’s; Athletic’s Bill Shufelt on Bold Names; Womrtown’s Patriot Place Taproom Gets a ‘Glow Up.’
It may be time for beer to finally address its pricing issues. That was one of the main takeaways from Day 1 of the Beer, Wine and Spirits Summit Sunday, hosted by Beer Business Daily and Wine & Spirits Business Daily in Coronado, California.
