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…

CBA Depletions Up 3% in Qtr. 2

Craft Brewers Alliance reported net sales of $82.8 million and net income of $1.3 million for the six months ended June 30, 2012, as compared with net sales of $73.8 million and net income of $8.2 million a year ago. Depletions increased 5% for the YTD period, but were up only 3% for the second… Read More…

Boston Beer Up 7% – Plans Sales Force Increase

Boston Beer Co.’s second-quarter earnings slid 49% due to a prior-year glass recall settlement gain and increased spending on brand investments and barley costs increase. Net revenue however was up 10% at $147.5 million, an increase of $13.5 million over the same period last year, mainly due to core shipment growth of 7%. Core shipment… Read More…

ABInBev Revenue Up – Sales Down

Once again, the world’s largest brewer increased profits and revenue while selling less beer. Anheuser-Busch InBev announced second quarter earning yesterday with revenue up 4.7% over same period last year, to $9.9 billion while overall beer sales declined 0.1 percent. The biggest decline in sales came in the U.S., were volume was off 2.1% with… Read More…

CBA Reports Strong Qtr. 1

Craft Brewers Alliance reported net sales of $38.5 million, an increase of $6.2 million, or 19 percent, to $38.5 million compared with the same quarter of 2011 Non-contract shipment growth was up 10% and depletion growth was 8% for the quarter. “The first quarter of 2012 continued to demonstrate the success of our investments in… Read More…

MillerCoors Sales Down, Profits Up

In a familiar story in this new age of global consolidated major-brewers, MillerCoors domestic sales to retailers was down 1.6 percent in the first-quarter but net income rose 16.6 percent to $275.3 million compared with the same period last year, driven by positive pricing growth, cost management and favorable product mix. Overall profits were up… Read More…