Tough Quarter for ABI

April 30, 2013Dear Client: It's brutal out there for everyone. ABI reported first quarter STRs down 4.2% for the quarter. Shipments declined by 5.2% driven by a tough weather comparable, short term pressure on consumer disposable income, and higher gas prices. In fact on weather, ABI saw negative quarterly temperature variances in some markets of more than 20°F compared to 1Q12. US beer-only revenue per hl continues to perform well, growing by 4.0% in the quarter. ABI estimates that the