Articles Tagged with 'Earnings'

Kona Carries CBA with 10 Percent Depletion Growth

Kona Carries CBA with 10 Percent Depletion Growth

While its legacy Widmer and Redhook brands continue to decline, Kona offerings are up double-digits year-to-date in a Craft Brew Alliance portfolio that has grown to include a number of regional craft brewery partners in recent years.

Kona Continues to Propel CBA in Second Quarter of 2017

Kona Continues to Propel CBA in Second Quarter of 2017

During a call with investors and analysts on Thursday, Craft Brew Alliance CEO Andy Thomas characterized the company’s second quarter results as “another win,” even though company-wide depletions dipped 2 percent amidst pressure from more than 5,500 breweries competing for an evolving consumer set that Thomas called “alien.”

Molson Coors Reports Second Quarter Earnings

Molson Coors Reports Second Quarter Earnings

Molson Coors today reported its second quarter earnings results, which were highlighted by a 2.3 percent increase in global brand volumes, to 26.4 million hectoliters.

Boston Beer Company Reports Improved Revenue, Depletions Trends

Boston Beer Company Reports Improved Revenue, Depletions Trends

After revenue and depletions declined 14 percent during the first quarter of 2017, Boston Beer Company rebounded in Q2, today reporting revenue growth of 1 percent and depletion decreases of just 3 percent versus the same period a year ago. In a press release, the company – which makes Samuel Adams beer, Angry Orchard Hard Cider, Twisted Tea, Truly Spiked & Sparkling seltzers and other offerings — said it sold nearly 1.1 million barrels of product during the 13-week period ending July 1, 2017. The company sold about the same amount of liquid during the second quarter of 2016.