Boston Beer Rings Up Impressive Third Quarter

Boston Beer announced that third-quarter revenue climbed 25% to $269.7 million versus same period last year, driven primarily by a 23% increase in core shipment volume, to 1.2 million barrels. Depletions were up an impressive 21%, bringing year-to-date depletions growth to 25%. Notably, advertising, promotional and selling expenses increased by $8.9 million, or 16%, during… Read More…

SABMiller Down in US, Up in Global Sales

SABMiller, the second largest brewer in the world, reported an increase of 3% in beer volume in the first three months of its financial year. The strongest markets were in Africa and Europe. The US did not fare so well. In the company’s first fiscal quarter which ended June 30th, domestic US depletions were down… Read More…

Boston Continues Growth Rally

The Boston Beer Company, which has surprised some in the industry with a string of double-digit quarters, reported yet another solid growth spurt with first quarter 2014 core shipments up 32%. Net revenue was $183.8 million, an increase of $47.9 million, or 35%, over the same period last year. Net income for the first quarter… Read More…

Boston Beer Rides the Tide

The Boston Beer Company, Inc. reported fourth quarter 2013 net revenue of $205.4 million, an increase of $52.4 million or 34% over the same period last year. Net income for the fourth quarter was $18.1 million. Depletions grew by an impressive 23% from the comparable 52 week period in the prior year. The company spent… Read More…

Boston Beer Has Big Third Quarter Gains

The Boston Beer Company reported third quarter 2013 results highlighted by a big jump in depletions which grew 26% from the comparable 13-week period in the prior year, primarily due to increases in the Angry Orchard, Samuel Adams and Twisted Tea brands. Full year 2013 depletions growth is now estimated to be between 21% and… Read More…

CBA Shows Growth in 2nd Qtr.

Craft Brew Alliance announced that second quarter portfolio depletion volume grew 12% over the second quarter of 2012 and 9% year-to-date compared to the same period last year. Net sales were up 10% “We are pleased with our depletions growth of 12% for the second quarter and 9% year-to-date. Our second quarter results are in… Read More…

Boston Beer Booms in Qtr. 2

The Boston Beer Company reported a 23% increase in second quarter net revenue. The big revenue increase was attributed to a core shipment growth of 21%. Net revenue in qtr. 2 2013 was $181.3 million, an increase of $33.8 million over the same period last year. Depletions were up a whopping 24%. Jim Koch, Chairman… Read More…

Cider Does it Again for BBC

The Boston Beer Company Inc.’s profit slipped in the first quarter as higher costs put a downer on sales gains. Shipments were up 18% for a total of 632,000 barrels with Twisted Tea and Angry Orchard being the big growth brands in the portfolio yet again. Jim Koch, Chairman and Founder of the Company, commented,… Read More…

Fosters Helps Fuel SABMiller Growth

SABMiller posted a 12% increase in first half (six months through September) profits with beer volumes up 4%. The acquisition of Foster’s helped the world’s second largest brewer offset slowing growth in some emerging markets and tough economic conditions in Europe and the United States the company said. SABMiller spent $11.8 billion to buy Foster’s… Read More…

Boston Reports Strong Qtr

Boston Beer Co.’s third-quarter profit jumped 27% as the brewer reported a jump in volume and higher prices which helped to offset some increased spending on advertising and promotional efforts. Core shipment volume increased 17% to about 772,000 barrels for the quarter. Depletion’s rose 15%, due mainly to increases for Angry Orchard, Samuel Adams seasonals… Read More…