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IRI: FMBs and Hard Seltzers Account For Half of Beer Category’s Off-Premise Year-to-Date Gains

IRI: FMBs and Hard Seltzers Account For Half of Beer Category’s Off-Premise Year-to-Date Gains

With two months left in 2020, beer category sales at off-premise retailers remain elevated, as on-premise establishments continue to grapple with capacity restrictions and, in some states and cities, on-site service shutdowns. Year-to-date through November 1, beer category dollar sales are up 15.5%, to $37.4 billion, at off-premise multi-outlet grocery stores, mass retailers and convenience stores, according to market research firm IRI.

Boston Beer Stock Price Skyrockets Over $1K Post Q3 Earnings Report

Boston Beer Stock Price Skyrockets Over $1K Post Q3 Earnings Report

After posting strong double-digit growth in shipments, depletions and revenues on the back of Truly Hard Seltzer and Twisted Tea in the third quarter, Boston Beer Company stock (SAM) topped the $1,000 mark for the first time ever, up from $371.12 at the start of 2020. As of press time (2 p.m. ET October 23), shares were trading at more than $1,066 (+15% and more than $145 than the previous day).

Heineken USA, AriZona Reveal Sun Rise Hard Seltzer

Heineken USA, AriZona Reveal Sun Rise Hard Seltzer

Another major brewer is teaming up with a non-alcoholic beverage maker to create a hard seltzer. Heineken USA and AriZona Beverages’ Hornell Brewing Company are working together to launch AriZona Sun Rise Hard Seltzer nationwide in the first quarter of 2021.

Brewbound Podcast: Hard Seltzer, It’s Just Another Word for Innovation

Brewbound Podcast: Hard Seltzer, It’s Just Another Word for Innovation

Large beer and CPG companies are trading on the equity of their top brands to try to get a piece of the $3.49 billion hard seltzer segment. The latest edition of the Brewbound Podcast brings together industry experts to discuss a slew of new introductions.

Boulevard Brewing to Finish 2020 in the Black, Push to Make Quirk a Top 10 National Hard Seltzer Begins

Boulevard Brewing to Finish 2020 in the Black, Push to Make Quirk a Top 10 National Hard Seltzer Begins

The month of August was Boulevard Brewing Company’s “single best month ever,” even with the the company’s on-premise business cut in half, Duvel USA president Jeff Krum told Brewbound. In August, Boulevard shipped 19,000 barrels of product, which Duvel USA VP of sales Bobby Dykstra said was tied for the company’s biggest volume month ever, “but in revenue, blew past any month in our history.”

Anheuser-Busch to Launch Michelob Ultra Organic Seltzer in 2021

Anheuser-Busch to Launch Michelob Ultra Organic Seltzer in 2021

Anheuser-Busch InBev is cashing in on the popularity of its Michelob Ultra beer brand and launching Michelob Ultra Organic Seltzer, expanding its core portfolio to six hard seltzers, the company announced today.

Fast-Growing Ashland Hard Seltzer Expands in California, Pushes Toward 435,000 Cases By Year End

Fast-Growing Ashland Hard Seltzer Expands in California, Pushes Toward 435,000 Cases By Year End

Josh Landan believes he’s found another Saint Archer in the nearly nine-month-old Ashland Hard Seltzer brand. Landan, who co-founded the San Diego craft brewery in 2013 and sold it to Molson Coors in 2015, recalled growing the San Diego craft brewery from 7,200 barrels in Year One, to 17,000 barrels in Year Two and 35,000 barrels in three years. Now, Landan believes he’s found another rocket ship in Ashland.