Boston Beer Starts Year Up 8%

First-quarter revenue for Boston Beer Co. jumped 10.3% to $122.9 million, primarily thanks to an 8% growth in shipments. The Boston Beer Company reported first quarter 2012 net revenue of $113.3 million, an increase of 11% over the same period last year, mainly due to core shipment growth of 8%. Net income for the first… Read More…

Boston Beer Profits Make Big Jump

Boston Beer Co. fourth-quarter profit jumped 46% as the brewer reported higher shipment volumes, slightly higher pricing and an extra week in the reporting period for 2011 versus 2010. The company reported a profit of $17.8 million, or $1.33 a share, up from $12.2 million, or 87 cents a share, a year earlier. Core shipment… Read More…

Boston Up 7% in 3rd Qtr.

Profits and shipments were both up for Boston Beer Co in third quarter results according the a company press release yesterday. The company reported net income of $16.3 million compared with $15.4 million in the comparable period last year. Net revenue surged 8 percent to $134.8 million from $124.5 million a year earlier, driven by… Read More…

CBA Up 12% for Quarter

Craft Brewers Alliance also show good profit gains Craft Brewers Alliance reported a second quarter profit of $8.1 million on $44.8 million in revenue compared to second quarter profit of $1.7 million on $39.6 million in revenue one year ago. The company said it shipped 191,100 barrels in the second quarter, an increase of 11.8… Read More…

AB Sales in UD Down

ABInBev announces big profit increase but sales are sluggish Anheuser-Busch InBev doubled its profit to $964 million from $475 million and first-quarter sales increased 6 percent to $9 billion, but volume fell 0.4 percent. Beer volumes grew in all zones except North America, where volumes fell 3 percent. “In the United States, high levels of… Read More…

Boston Sales Up, Income Down

Boston Beer announces 10% increase in shipments but stocks dip on news of net income decrease Boston Beer announced last week that quarterly shipments were up 10% and depletions up 7% for the period ended March 6th 2011. Revenue was up $8.1 million although net income was down $2.3 million. The manic-depressive stock market plunged… Read More…

Boston Surges Again in 4th

Brewer reports 7% increase in sales in fourth quarter The Boston Beer Co. Inc., said Tuesday its fourth-quarter profit jumped 63 percent, aided by stronger sales and shipments. But go figure, the results fell short of Wall Street expectations, sending the company’s shares tumbling more than 9 percent, or $8.51, to $85.50 in aftermarket trading…. Read More…

MillerCoors Down in 4th – Except ‘Craft’

MillerCoors sales are down in fourth quarter, except ‘craft’ division MillerCoors fourth quarter domestic sales were down 2.5% to retailers and 2.2% to wholesalers. But the shining star in the portfolio was the Tenth and Blake craft and import beer business, launched in August, which saw double-digit volume growth on a percentage basis, driven mostly… Read More…

MillerCoors Down – Except ‘Craft’

Brewer is down 2.5% in 3rd quarter Domestic sales of MillerCoors brands to retailers were down 2.5% for the fiscal third-quarter, the beer brewer’s London parent company, SABMiller reported. The one bright spot? Faux craft and imporats. Beers from its Tenth and Blake craft brew division grew in the double digits. It reported 25% growth… Read More…

ABInbev and SABMIller Results

Sales-to-retailers in the US fell 4.0 per cent for Anheuser-Busch InBev, and the world’s largest brewer posted a 7.2 per cent decline in net profit globally for its third quarter due to asset sales last year. The company sold several units last year to finance its acquisition of Anheuser-Busch. The sold assets no longer contribute… Read More…