BEERNET

Dear Client: Constellation Beer continues to outdo itself. The company — which recorded a rather robust Q1 this time last year, having grown depletions and shipments by about 11% — has cruised through those difficult comps in its latest Q1 results (three months ended May 31 2022) with depletion growth of nearly 9% and shipment … Continue reading “Another Boringly Great Quarter from Constellation Beer, Shipments up 17%”

Dear Client: It sounds like Boston is sharpening its historically very successful innovation process, as it seems to be entering one of its downturn cycles (see next story; we now have our first current sell rating).  The long-term BBD reader knows that Boston has always emerged victorious from such periods, via some (often) new brand … Continue reading “Much Ado About Boston”

Dear Client: The latest batch of IRI scans are in, and from a dollar share perspective, it’s the best performance that we have seen from Molson Coors in quite some time. The company was the second biggest dollar share gainer in IRI’s multi-outlet and convenience channel for the four weeks to June 12 (+0.18 points), … Continue reading “Molson Coors Snatching Share”

Dear Client: Is the recession causing trade down? It certainly ain’t hurting Busch Light, which in recent weeks has popped into the top 3 volume share gainers for beer in scandata, the four weeks to 6/12, per IRI data supplied by A-B.   And while Busch Light’s trends might be aided by trade down as … Continue reading “Busch Light Has Become Way Bigger Than You Think”

Dear Client: Massive Japanese brewer, Sapporo Holdings, has reached an agreement for its subsidiary, Sapporo U.S.A., to acquire Southern California’s own Stone Brewing. The transaction is slated to close in August, and carries a reported price tag of $165 million. Note, however, that this deal does not include Stone Distributing Company, which “will become an … Continue reading “Stone Set to Sell to Sapporo”

Dear Client: The Texas Alcoholic Beverage Commission lost not one, but two battles in the courts this week. One was a last ditch effort at a years’ long fight with CANarchy over to-go sales in the state, the other was another multiple-year dispute with Texas-based Gabriel Investment Group, owners of Gabriel’s Liquor and Don’s & … Continue reading “Tough Week for Texas ABC in The Courts”

Dear Client: Earlier this week we shared news that Teamsters Local 830 went on an abrupt strike over the weekend, involving employees from some of Philly’s biggest beer distribs at the start of summer. Looks like this is a theme. Sister publication Wine & Spirits Daily reported yesterday that a group of Chicago-area truck drivers … Continue reading “More Teamster Strike Action”

Dear Client: Watch out, because Mark Anthony Brand’s Cayman Jack is shooting up the ranks of the top FMBs. A year ago, Cayman Jack was the no. 10 FMB by dollar sales. Now it’s no. 6. “Cayman Jack is now a $150 million brand. Last year at this time, it was just under $100 million,” … Continue reading “Cayman Jack Angling to be a Top 3 FMB”

Dear Client: Athletic Brewing has just cut the ribbon on what it believes to be “the largest non-alcoholic beermaking facility in the world.” The 150,000-square-foot facility located in Milford, Connecticut, marks Athletic’s third production facility, and holds the ability to pump out more than 6 million cases annually. Recall that the piping-hot brewer laid out … Continue reading “Athletic Opens World’s Largest Non-Alc Brewhouse”

Dear Client: At the Deutsche Bank Global Consumer Conference yesterday, analyst Stephen Powers pointed to Coca-Cola’s now brimming portfolio of bev alc brands (through various partnerships: Fresca Mixed, Topo Chico Hard Seltzer, and more).   Stephen asked: Should Coke investors “no longer consider a foray into alcoholic beverages as an experiment for the Coca-Cola Company?”  Coca-Cola … Continue reading “Jack & Coke to Go Toe-to-Toe with Beer?”

Dear Client: Canopy Growth’s BioSteel, a brand aiming to shake up the $10 billion sports drink category, has opened itself a wide door with a move into Walmart.  Don’t forget the Constellation connection here: The brewer owns a stake in Canopy, and Canopy owns a majority stake in BioSteel. Plus, BioSteel mostly goes through Constellation … Continue reading “BioSteel Blitzes Into 2,200 Walmarts”

Dear Client: You know that Twisted Tea has been posting impressive double-digit growth this year (and actually, far prior to that). Part of its recent acceleration is related to its newfound focused media, like the year-old  “Tea Drop” campaign, which taps into real-life Twisted Tea fans.  But did you know that Twisted is making a … Continue reading ” Twisted Tea Inches Closer to Top 10 Beer Brand”

Dear Client: Survey says, Simply Spiked is seeing a fast start, despite having just launched this month. Recall, Molson Coors announced in January its plans to partner with Coca-Cola to launch Coke’s juggernaut juice brand, Simply, into the hard beverage stratosphere this summer. (Simply is the top juice brand, and Coca-Cola Company’s second-largest U.S. brand … Continue reading “A Simply Fast Start”

Dear Client: At the DISCUS conference last week in New Orleans, IWSR Americas COO Brandy Rand shared sobering news that spirits will likely overtake beer in both value and volume in 2023 — if you count RTDs (of any base) as a completely separate category, as they do.  But don’t panic, beer people: This merely … Continue reading “Spirits to Overtake Traditional Beer Next Year?”

Dear Client: Heineken USA informed distributor partners yesterday of the actions they plan to take to try and “partially offset” the “unprecedented and volatile” rise that it has seen in “ocean freight costs.” Those actions include a temporary freight surcharge starting next month and the intent to take a general price increase in the fall.  … Continue reading “HUSA Implementing Temporary Freight Surcharge in July, Taking General Price Increase in Fall”