Category Archives: beer

Beer Shipments Fell 5.2% in June

Posted on July 25, 2019 by Joel Whitaker

Domestic tax-paid shipments fell 5.2% to 15,621,000 barrels, Beer Institute said.  A year earlier 16,470,000 barrels were shipped.  Through June 30, shipments have fallen  1.5% to 83,911,238 barrels.  Thus far this year, there has been only one month in which … Continue reading →

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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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North Carolina Firm Launches Sercy Spiked Seltzer

Posted on July 22, 2019 by Joel Whitaker

Sercy Spiked & Sparkling initially will be available throughout North Carolina, with other states to soon follow. “Sercy” is a traditional southern word for an unexpected gift, which Creators Trent Mooring and Stephen Hill embodies the spirit of Sercy Spiked … Continue reading →

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New York State Fines Heineken $1.25 Million for Liquor Law Violations

Posted on July 18, 2019 by Joel Whitaker

New York State Liquor Authority accepted a conditional no contest offer of $1.25 million from Heineken USA Incorporated for charges of providing illegal gifts and services to retailers.  In April 2018, the SLA received information from the Alcohol & Tobacco … Continue reading →

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Molson Coors Boosts Dividend 39%

Posted on July 18, 2019 by Joel Whitaker

Molson Coors Brewing Co. raised its quarterly dividend 39%, to 57 cents a share from 41 cents, payable Sept. 13 on stock of record Aug. 30.

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