Closing in on 40 Years, Abita Still Finding Avenues of Growth

Dear Client:    Even though “original” southeastern craft brewer Abita Beer is nearing its 40th birthday, it is still finding growth in some old and new places.As you might know, the company has had a challenging stretch of years with production volume falling from about 130,000 barrels in 2018 to just under 75,000 bbls in 2022, per New Brewer stats. And this year could mark another down year for the brewer as Abita’s overall portfolio is down 5% YTD through 10/30.But,