CBA on Regional Plans, A-B Network Distribution

Dear Client: Craft Brew Alliance operations chief Andy Thomas characterized Q4 as a "solid finish to the strongest year in CBA history" on yesterday's earnings call. Again, all-channel STR growth for Q4 was 4%, 6.5% for the year. The SIG-tracked off premise channels grew at over 12%. By region, growth "continues to come from a healthy mix of home, existing and new markets." Despite price increases, the more developed Western region still grew over 1% for the quarter to finish