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Category Archives: beer
‘Beer Glass Bill’ Clears Final Florida House Committee
The measure would allow Florida bars and restaurants to receive up to three cases of free branded beer glasses from brewers. Smaller craft brewers oppose the measure, saying they can’t afford to keep up with what will likely be a … Continue reading
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Alabama Bill Would Move Brunch Drinks Time to 10 a.m.
Currently, alcoholic beverages can only be served on Sundays after 12 noon. The measure is being touted as a win-win. Restaurant operators say it will boost their sales and profits as well as boosting state collections of sales tax, income … Continue reading
Craft Brewers Lose Bid to Raise N.C. Distribution Limits
The North Carolina House Alcoholic Beverage Control Committee rejected a proposal to raise the self-distribution limit to 200,000 barrels from 25,000. The provision was pulled amid opposition from the North Carolina Beer & Wine Wholesalers Association, said Rep. Chuck McGrady, … Continue reading
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Tagged Rep. Chuck McGrady
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CBrands Net Soars 45% on 12% Sales Gain, Boosts Payout 30%
Constellation Brands this morning is reporting a 45% increase in net profit to $1.54 billion, or $7.52 a share, for all of fiscal 2017 as its sales rose 12% to $7.33 billion. It also announced a 30% increase in the … Continue reading
Posted in beer, Investing, Marketing, Spirits, Wine
Tagged Charles Smith, David Klein, Rob Sands
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NBWA Invites Nominations for Brewer Partner of Year Award
National Beer Wholesalers Association (NBWA) is seeking nominations for the Third Annual Brewer Partner of the Year Award. The award recognizes the brewer who does the best job producing great beer; building strong partnerships; providing valuable education; and offering support to … Continue reading
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ABI, Bacardi on Forbes’ Most Reputable
Forbes is out with its annual list of the world’s most valuable companies, and two bev/al companies are on the list. Anheuser-Busch InBev moved up to No. 72, and Bacardi moved up to No. 84. The rankings are based on … Continue reading