Monthly Archives: July 2019

Boston Beer Revenue Soars 16.6%, Profit Advances 18.2%

Posted on July 25, 2019 by Joel Whitaker

Boston Beer Co. reports second quarter 2019 net revenue of $318.4 million, an increase of $45.3 million or 16.6%, from the same period last year.  Net income for the second quarter was $27.9 million, or $2.36 per diluted share, an … Continue reading →

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ABI U.S. Volume Falls 2.3%, But Sales Rise 1.8%; Globally, Best Quarter in 5 Years

Posted on July 25, 2019 by Joel Whitaker

Anheuser-Busch InBev reports U.S. sales grew 1.8% even though volume declined 1.8%.  U.S. market share continued to erode, falling 55 basis points in the second quarter alone. U.S. results would have been worse if the brewer’s above-core portfolio hadn’t performed so … Continue reading →

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Becle Volume Up 6.4%, Sales Up 3.8% in Quarter

Posted on July 24, 2019 by Joel Whitaker

Becke S.A.B. reports sales rose 6.4% on an underlying basis to 5.6 million cases and net sales were up 3.8% in the second quarter.  Net profit in the second quarter fell 40.9%. Net sales in Mexico increased 11.6% on an … Continue reading →

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3 Badge Beverage Extends Pasote Tequila with New Extra Añejo

Posted on July 24, 2019 by Joel Whitaker

3 Badge Beverage Corp. just introduced Pasote Extra Añejo, a new, high-end tequila. Pasote is sold in select U.S. markets by the company’s spirits division, 3 Badge Mixology, which has now released four Pasote artisan tequilas made from estate-grown blue agave … Continue reading →

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Drone Could Protect Vineyards, Other Agricultural Facilities

Posted on July 24, 2019 by Joel Whitaker

Birds cause $80 million a year in crop damages.  And that’s just in Washington State alone. But aerial drones significantly reduce that.  A study by Washington State University,  published earlier this year in the journal of the American Society of … Continue reading →

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Lidl Grocers to Debut ‘King of Wines’

Posted on July 24, 2019 by Joel Whitaker

When grocers push for the ability to sell wine or other alcohol in their stores, they aren’t doing it just to feature major brands or craft brands.  In many cases, their playbook will eventually expand to including private label. Which … Continue reading →

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