A Talk With MillerCoors' Ed McBrien
FILED MAY 22, 2015
Occasionally we like to check in with the sales guys at the big brewers, because that's where the rubber meets the road. So this week before Memorial Day we sat down with longtime MillerCoors exec Ed McBrien to get a tune-up on their business prospects. You, my friends, are a fly on the wall.
Stella Drizly's Top Beer Now
FILED MAY 21, 2015
Beer delivery app Drizly has been in the news often lately: Weeks ago, Wine & Spirits Wholesalers of America announced a minority stake and board position. And then this week, the company secured another $13 million in financing from a group of investors -- including deal fixers and private equity company, First Beverage Group.
More (Amicable) Deals
FILED MAY 20, 2015
Yet another deal in the West. This time, MillerCoors/Constellation Beer house CenCal Beverage Co. told employees this week that they're selling to two California distributors: DBI Beverage and Valley Wide Beverage.
Corona, (Yes Corona), Fueling Constellation Beer's Growth
FILED MAY 19, 2015
Morgan Stanley released a note this weekend revealing some major tailwinds for Constellation Beer. According to an AlphaWise study they commissioned in April, improved macro trends (consumer spending) seem to be benefitting Constellation Beer more than other major beer suppliers. The bank gave the company an overweight rating.
A Drink is Not A Drink
FILED MAY 18, 2015
You'll recall that the Beer Institute has been combating spirits' campaign that "a drink is just a drink." Now other industry orgs are jumping onboard to deliver scientific evidence of hard liquors' variability.
Craft Share Moderating On-Premise
FILED MAY 15, 2015
Yesterday GuestMetrics VP strategy and insights Peter Reidhead took to Brewers Association Power Hour to share the state of the union on-premise. We continue to hear, per recent earnings calls, how embattled that channel is.
SABMiller Posts Mixed Results
FILED MAY 14, 2015
Bernstein has issued their take on SABMiller full fiscal year 2015 results. The brewer's marks were "broadly in-line" with their expectations and "slightly ahead of Company Consensus," attributed to "better than expected margins in Europe and less margin pressure than expected in Asia Pacific."