Justin Kendall provides daily coverage of the beer industry on Brewbound.com, conducts live-streamed interviews during Brewbound’s events and co-produces the Brewbound podcast. Kendall is a nearly 20-year career journalist who led alt-weekly newspapers in Kansas City, Missouri, and Des Moines, Iowa.
This was a heavy Boston Beer news week — which you’ll get on the heels of the company’s Q3 earnings report, the announcement of its first tequila-based ready-to-drink canned cocktail AND one of its annual business planning (ABP) meeting with wholesalers.
Critiques of PepsiCo’s Blue Cloud Distribution (BCD) arm were plentiful during the National Beer Wholesalers Association’s (NBWA) annual convention earlier this month in Chicago. NBWA leaders criticized the way Hard MTN Dew – which Boston Beer has licensed to produce and is distributed through Blue Cloud – has been merchandised and cross-promoted in some accounts,… Read more »
Boston Beer Company is expanding its ready-to-drink canned cocktail portfolio with the addition of Loma Vista Tequila Soda, the company’s first tequila-based RTD.
Scout Distribution and Columbia Distributing’s joint venture, Scout Idaho, announced its launch portfolio today. The company will begin taking orders in southern Idaho on October 31, with deliveries following on November 1.
This week was all about the numbers as the third quarter data is now in the books. Brewbound managing editor Jess Infante and reporter Zoe Licata hosted a Data Club deep dive into the summer selling season and what’s ahead with 3 Tier Beverages consultant Mary Mills and NielsenIQ VP of alcohol industry thought leadership… Read more »
Boston Beer Company reported a -6% decline in depletions, while shipments increased +1.4% in its third-quarter 2022 earnings report today. Boston Beer recorded a $27.1 million non-cash impairment of intangible assets related to the Dogfish Head brand
The average price per case of craft beer is up +4.6% year-to-date and “continues creeping into the $40+ per case range,” according to Bump Williams Consulting, citing NielsenIQ data through October 1. The average price paid per unit is up +2% compared to a year ago, the firm added.
Off-premise craft beer sales through the first three quarters of 2022 are in the red (-5.1%), although trends have “slowly [creeped] toward break-even” through the summer months (July, August, September), according to the latest craft breakdown from Bump Williams Consulting (BWC), citing NielsenIQ data through October 1.
The last couple of weeks are a bit of a blur, and how couldn’t they be when you’re running the post-Labor Day acronym gauntlet: NACS, GABF, NBWA, BI, AFWB. OK, I missed one of those but that’s why Jess Infante is this team’s road warrior and deserves all the airline status. A weekly reminder of the top storylines of the week seems in order.
U.S. grocery chain giants Kroger and Albertsons are involved in merger discussions, which would create the largest supermarket chain in the U.S., Reuters reported.
Government affairs leaders from the largest U.S. beer manufacturers are gearing up for battles with the liquor industry over tax equalization in several states in 2023.
The first goal of incoming Beer Institute (BI) chairman Anheuser-Busch CEO and North American zone president Brendan Whitworth is to continue delineating the differences between beer and hard liquor. In his address to the annual meeting of the trade group representing the country’s largest brewers, Whitworth highlighted three goals for his term leading the BI… Read more »
Nadine Sarwat, equity research analyst and director of European and American alcoholic beverages at Bernstein Autonomous LLP, shared why she doesn’t believe PepsiCo’s Blue Cloud Distribution poses a threat to traditional beer wholesalers. Plus, Sierra Nevada’s Ellie Preslar talks e-premise and Troy Aikman touts Eight.