Bump: Craft Off-Prem Sales Down Almost 10% for Q1 2022

Dear Client:  Bump Williams Consulting shared its first quarter report for 2022 (YTD through April 4) showing lots of slowdowns throughout the craft category.  Overall craft dollar sales are down nearly 10% for the quarter (across total US xAOC+ Liquor Plus Convenience). For comparison, the overall beer/FMB/cider segment is down 3.1% for the same period. Craft's decline has accelerated from "what we observed at the close of '21 (-6%) and [has] the steepest decline of ANY segment across all off-premise