Boston Beer Depletions -6%, Shipments -6% in 2023
Boston Beer Company’s shipments and depletions declined -6.2% and -6%, respectively, in 2023, the company reported today in its full-year and fourth-quarter earnings report.
News
Craft beer industry news.
Bart Watson: Hop Overstock Continues as 2023 Crop Outpaces 2022
This time last year, Brewers Association (BA) chief economist Bart Watson warned that the U.S. hop supply was becoming “unsustainable,” and predicted a drop in hop production in 2023.
Kroger/Albertsons vs The FTC: What Happens Next?
As speculated last week, the next challenge for the proposed $24.6 billion merger between Kroger and Albertsons is coming from the federal government. The Federal Trade Commission (FTC) today announced it has filed a lawsuit to block the merger in the U.S. District Court for the District of Oregon, alongside a bipartisan group of nine attorneys generals from Arizona, California, the District of Columbia, Illinois, Maryland, Nevada, New Mexico, Oregon and Wyoming.
Lazy Dog Beer Club Embarks on a Prehistoric Craft Beer Odyssey With Its Latest Quarterly Themed Kit and Announces Search for Chief Dinosaur Handler
Lazy Dog Beer Club, a quarterly membership club created by beer lovers, for beer lovers, introduces its 21st quarterly release, which is inspired by the age of dinosaurs.
Eight Lager Brand Enters Oklahoma, First Expansion Beyond Texas
Eight Elite Light Lager is expanding to Oklahoma this week, its first distribution move outside of Texas since launching in 2022. Entering its third year, the super premium lager brand backed by Monday Night Football broadcaster and former Dallas Cowboys quarterback Troy Aikman is now on shelves in the Sooner State via the Molson Coors network.
Calling All Breweries! Soldiers’ Angels Launches 2024 Hops for Heroes Fundraising Campaign
The national nonprofit Soldiers’ Angels is inviting American breweries of all sizes and locations to join the 2024 Hops for Heroes campaign and brew a Homefront beer as a fun and unique experience to support U.S. Service Members, Veterans, and their families.
Mexican Lager 12-Packs, 12 Years, and a GABF Medal: Lone Tree Brewing Publishes 2023 Year in Review
In 2023, Lone Tree Brewing won a coveted GABF medal for its best-selling Mexican Lager, introduced 12-packs of said lager to distribution, contributed $4,500 to causes the brewery cares about, and celebrated 12 years in the Colorado craft beer business.
Dublin, Ohio Lures the Irish With Free Beer
To attract visitors from Dublin, Ireland to the city in Ohio, Visit Dublin Ohio is extending an especially warm invitation across the pond in March – free pints of beer to any Dubliner who makes the 3,566 mile (or 5,738 km) trek from Ireland to the “other Dublin” from March 8-18.
Introducing Hero95: Low-Calorie, Low-Carb Beer Now Available in Massachusetts
Today marks the launch of Hero95 Crisp Low Calorie Lager, a high-end low-calorie, low-carb beer brewed for active lifestyles, now rolling out in the Boston area.
Boston Beer Increases 2024 Executive Pay +3-4% For All Except CEO; Achieves 95% on 2023 Bonus Target Scale
All of Boston Beer Company’s named executive officers (NEO) except for CEO Dave Burwick will receive salary raises in 2024, according to a U.S. Securities and Exchange Commision (SEC) Form 8-K filed on February 16.
Boulevard Announces Quirk Blueberry Slam in Partnership With Kansas City Royals
To celebrate the start of baseball season, Boulevard Brewing Co. is adding another Quirk flavor to its roster, Blueberry Slam.
Three Floyds to Launch Line of Ready-to-Drink Cocktails
Three Floyds, renowned for their innovative and ‘Not Normal’ craft beers, will debut four canned cocktails next week.
Dogfish Head Cocktails Launches New High-ABV Recipes, Pineapple Orange Rum Mai Tai & Passion Fruit Citrus Vodka Mule
Dogfish Head Cocktails introduces two new higher-ABV recipes, Pineapple Orange Rum Mai Tai and Passion Fruit Citrus Vodka Mule.
Braxton Brewing Co. Announces Private Barrel-Aging Program
Braxton Brewing Co., local brewery with national recognition, has announced a personalized private barrel program in Fort Mitchell, KY.