Earnings

Anheuser-Busch InBev’s (A-B) U.S. volume declines accelerated in Q3, but the beer giant’s business continued to outperform category trends, the company reported today.

The owners of Cricket Hill (Fairfield, New Jersey) have listed the brewery for sale as they prepare to retire. At 24 years old, Cricket Hill is one of the Garden State’s oldest craft breweries. Ballast Point (San Diego, California) plans to lay off 37 employees effective December 15, according to a pair of Worker Adjustment and Retraining Notification (WARN) Act notices in California filed on October 8.

Boston Beer’s transformation from a craft brewer to an adult beverage company, which began in earnest about a decade ago, is looking like an even better bet as traditional beer’s declines outpace those of the beyond beer segment.

Boston Beer Company’s third-quarter shipments (sales to wholesalers) and depletions (sales to retailers) declined 13.7% and 3%, respectively, the company shared today.

Tilray Brands’ 2026 first quarter – covering the all-important summer selling season – was “flat” due to the cannabis and craft beer platform’s Project 420 cost-savings initiative, Tilray chairman and CEO Irwin Simon shared Thursday during a call with investors and analysts.

Constellation Brands has now revealed the Q2 trends that drove the company to lower its full-year guidance last month, and the numbers stand in stark contrast to a year ago.

Two months after reporting a down Q1, Constellation Brands downgraded its guidance for fiscal year 2026, according to a press release issued today.

Ball Corporation is making beer a smaller part of its mix after over-indexing in the category, CEO Daniel Fisher shared during the company’s Q2 earnings report earlier this week.

Molson Coors’ lackluster share performance was a driving factor in the company’s soft Q2 and lowered full-year expectations. However, leadership was still able to pull out some positivity during Tuesday’s call with investors and analysts.

Molson Coors has lowered its fiscal year 2025 (FY25) guidance once again after a softer than expected Q2, due to continued macroeconomic headwinds and “lower than expected U.S. share performance.”

Brand extensions of some of Anheuser-Busch InBev’s (A-B) top brands helped the company outpace U.S. beer industry trends in Q2, the company shared Thursday in its quarterly earnings release.

Tilray Brands’ 2025 fiscal year ended with mixed results, as the Canadian cannabis and U.S. craft beer platform generated $821.3 million in net revenue ($833.7 million in constant currency) across its various business units for full-year 2025 (FY25, ending May 31, 2025), marking a 4% increase year-over-year (YoY).

Hard tea continued to fill Boston Beer’s sails in Q2, but it was newbie Sun Cruiser that put in the brunt of the work rather than veteran Twisted Tea, company leadership shared Thursday during a call with investors and analysts.

Q2 was once again a thorn in Boston Beer Company’s side, despite a rosier Q1, according to financial results released by the company late Thursday. Boston Beer shipments (sales to wholesalers) declined 0.8% year-over-year (YoY), while depletions (sales to retailers) declined 5% for the three-month period ending June 28.