Tenth and Blake Up Low-Single Digits in 2015, Despite Weak Q4

Dear Client:MillerCoors reported their fourth quarter and year-end earnings earlier this morning and its craft division, Tenth & Blake, finished the year off with low-single digit growth, despite declines in the closing quarter.The declines seen in the fourth quarter likely had something to do with the Jacob Leinenkugel Brewing Company dipping double digits in Q4. MillerCoors CEO Gavin Hattersley attributed Leinenkugel's sizable drop in the quarter to a "temporary production issue with the winter variety pack," but said the issue