ProBrewer.com

An Online Resource Serving The Beer Industry

  • News & Articles
    • Featured – Brewing Education
    • Beverage Industry News
    • Front of House
    • Operations
    • Packaging
    • Production
    • Real Estate
    • Sponsored
  • Events
    • All Events
    • Essential Virtual Resources for the Brewing Industry
    • Virtual Brewing Conference Guide
  • Classified Ads
    • Latest Ads
    • Ads By Category
    • Help Wanted / For Hire
    • Search Ads
    • Post Classified Ad
    • Post Catalog Ad
    • About Classified Ads
  • Jobs
  • Discussion
  • Tools
    • IBU Calculator
    • Beer Specifications
    • Water Chemistry
  • Advertise
    • Advertise & Sponsorship on ProBrewer
    • ProBrewer Advertisers
  • Allied Trade Directory
    • Search Allied Trade Directory
    • Your Companies
    • Submit New Allied Trade Company
  • Login / Register
    • ProBrewer Login
    • Register
    • Password Reset
» Beverage Industry News » CBA has tough quarter

CBA has tough quarter

Beverage Industry News» Beverage Industry Newsposted May 19th, 2009 12:00:00AM by Pat Hagerman

Craft Brewers Alliance Inc. recently reported a $1.07 million loss on $27.2 million in revenue in the first quarter.

Portland-based Craft Brewers Alliance formed July 1, after the merger of Portland-based Widmer Bros. Brewing Co. and Woodinville, Wash.-based Redhook Ale Brewery Inc.

The newly merged company reported results to allow comparison to last year’s first quarter. If the companies had been merged at the time, they would have generated a 2008 first-quarter loss of $1.1 million on revenue of $25.8 million.

In March, the company disclosed 2008 losses of $33.3 million on $86 million in revenue and said it had written down the value of the Widmer brand by $30.5 million, more than a third.

Anheuser-Busch owns 35.8 percent of Craft Brewers outstanding common stock. It is unknown what, if any changes may occur due to the InBev acquisition of Anheuser-Busch last year for $52 billion.

Share this:

  • Facebook
  • LinkedIn
  • Reddit
  • Twitter
  • Pocket
  • Email
Pat Hagerman

Posted by Pat Hagerman

Pat Hagerman is co-founder of ProBrewer.com. When he's not leading operations for ProBrewer you can find Pat working on Internet of Things (IoT) infrastructure and systems. If you're having a beer with him ask about some of the more original skills he's taught Alexa.

Search

Subscribe to ProBrewer Daily

ProBrewer Subscriptions

View previous newsletters.

Connect With @ProBrewerPage

 Instagram    Facebook    Twitter

 

 

 

Join the ProBrewer mailing list

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Privacy Policy and Cookie Policy

Connect With @ProBrewerPage

 Instagram    Facebook    Twitter

Go Somewhere Else

News • Classifieds • Help Wanted / For Hire • Discussion • Library • Contact • Advertise • Contact Details • Help

Copyright © 2021 · RealBeer Media · Privacy Policy · Terms and Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.