Beer Decelerates On-Premise

Dear Client: "On-premise trends were weak through the 4-week period ending May 17th, deteriorating slightly from weak April trends," per GuestMetrics trends released yesterday. Full service bar/restaurant traffic was down almost 3% the latest 4 weeks. "The question is whether higher wage rates and an improved economy will bolster on-premise sales over the next few months," per report. Beer unit growth was down 5.7% for the 4 weeks, worse than the -5.3% 12-week trend, and the the -3.4% for full