More Craft Brewers Alliance Results Are They Buyers?

April 5, 2011More Craft Brewers Alliance Results Are They Buyers?Dear Client:The call on CBA's Q4 results, expectedly, had little to do with Q4. It centered on the recent FSB sale and unique strengths and challenges of CBA's in-flux portfolio. BUT FIRST, THE NUMBERS. Revenues grew 4% to $30.3 mill, an increase of $1 mill over last year, driven by an increase of $740,000 in core product revenue and increase in contract brewing revenues (FYI, they'll still continue to contract brew