Dear Client: For this piece, we look to Aristotle’s classic method of call and response, where we look at a recent beer distributor survey conducted by Bonnie Herzog and her team at Goldman Sachs regarding non-alc players getting into the hard seltzer business, and then we give you our take on what the distributors said. … Continue reading “Grokking the Monster/Topo Seltzer Issue with Distributors”
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.
Allows two cases a month, producers must get a permit. Plus, A-B may be sniffing around a couple of European breweries, and Miller makes some agency changes.
Tamarron Consulting recently completed their annual Malt Beverage Supplier Performance Survey Results for 2003, and BBD got its dirty little hands on a copy. Here are the highlights.
A-B expected to announce hikes for October 1 on many SKUs, Miller and Coors likely will match. Plus, we’re expected sunnier days ahead for the US beer business.
In the latest of our brand series, we spoke with about a dozen beer execs across the country today about their experiences with Corona Extra. Granting complete anonymity produces some interesting quotes. Take a look at what our sources had to say.
Deal secures Barton as the long term U.S. importer of St. Pauli Girl, after Interbrew purchased the brewery as part of its Beck’s acquisition.
Imports rebound in June.