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Dear Client: Boston Beer chief Jim Koch is “encouraged” by “modest industry progress” led by beyond beer in Q1, but acknowledged on their earnings call yesterday that as one of category leaders, Boston has “not yet fully participated in the improvement in category trends.” Still, Boston reported some slight improvement, with depletions down 4% in Q1 vs. a 6% decline in Q4 ‘25 (and cycling a -1% comp YA). The trend has held, with the company estimating that YTD depletions
Manhattan Beer Taking on RNDC Suppliers in NY, Expanding Statewide to Service W&S
Dear Client: Manhattan Beer & Beverage Distributors is acquiring the distribution rights of certain brands from RNDC in New York, expanding their territory. Of course, that’s subject to supplier approval. Manhattan Beer does already have a sizable wine and spirits business anchored in Surfside/Stateside Brands. The deal is expected to close this summer. Leadership is calling it a “significant milestone” for the company, which “further solidifies” MBBD as the state’s leading beverage distributor. Noting that their recent name change from
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