Dear Client: Yesterday we reported that multi-state bev alc distributor, Breakthru, is consolidating its Molson Coors business in Southern Nevada. But as they have some level of beer operations in about seven states (plus Canada), we wondered what trends they’ve seen in this very unusual year. Overall, it’s basically what many others are seeing: Crazy … Continue reading “What This Big Liquor Distributor is Seeing in Beer”
Or at least not as badly as originally thought. Supermarket chains still rule the inner cities, and Wal-Mart has not been able to capture those important dollars. The data show that supermarkets are still the king of American shopping habits. There is something else that is giving supermarket chains a tough financial time: the inability to raise pricing.
René Hooft Graafland, a member of Heineken’s Executive Board, has a somewhat grim view of the beer market worldwide in general and the U.S. market in particular. While Heineken is doing well in food channels, it is getting hit on premise. Just how bad is it, and is Heineken maintaining share in its core markets?
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This is supposed to be the c-store decade, yet sales are in the doldrums. Who is gaining share in this channel, who is losing, why are c-store sales down, and why do we care?
Those are the words of a jubilant Paul Shipman, President and CEO of the Redhook Ale Brewery, which announced shipments of 67,900 barrels in the second quarter of 2003, compared to 63,100 barrels, a 7.6% increase. Considering it was such a terrible quarter for the beer business in general, it points to a silent trend that has bee creeping up on us: craft beers are growing.
A-B’s shipments exceeded depletions for two quarters running. Something’s got to give. Plus, we look at Molson USA’s half year sales trends, a new beer called Bavaria, July supermarket trends, and SABMiller’s interim guidance.
Boston Beer was up against some tough numbers with last year’s rollout of Sam Light. However, they were able to achieve a 2% growth in STRs in Q2, not bad during these hard times in the beer industry. Also, BBC tightens distributor terms and update on Tumwater dispute.
Full text of Boston Beer’s Q2 2003 results.
FEMSA, the Mexican brewer of Tecate, Carta Blanca, Sol, Dos Equis, and Bohemia, experienced a slowing of export sales volume to the US by 4.5%. In an earnings release, FEMSA said that US sales slowed due to “weakness in the import segment.” Plus, FEMSA brass comments on Interbrew lawsuit.
With A-B and Coors both reporting a mediocre quarter, it appears that Miller Brewing Co. may have had an even worse quarter. Will they be able to turn it around? We take a look.
Coors 2003 Q2 ResultsJuly 24, 2003 — Golden, CO — Adolph Coors Company (RKY) today announced higher consolidated sales for the second quarter of 2003. The company also reported higher net income and earnings per share, driven by a reduction in the company’s effective tax rate in the quarter. For the 13-week quarter ended June … Continue reading “Coors Reports Second Quarter Results, 2003”
The sharks are circling, but Coors brass defended its strategies yesterday despite a weak domestic second quarter. Also, Beer Inst. estimates June shipments were dead flat.
The second quarter is best forgotten. Even A-B turned in flat numbers, albeit still strong as forty acres of garlic as it continues to increase its market share. The story here is that while volume was flat, pricing was up, promos were down, and July is back on track. Here are the Q2 highlights.
We’re selling beer for a change. July is turning out to be a great beer industry month if we can keep momentum going. Also, a Prague adman gives Miller some interesting advice.
Three beer distributors are now using or installing various levels of automated picking systems from Vertique. We uncover several surprise benefits of warehouse automation.