Boston Beer Growing Retail Sales Faster Than Any Other Beverage Company
FILED DECEMBER 18, 2014 Boston Beer is one of CLSA's "top ideas heading into 2015," and they've upgraded the company from outperform to buy, per latest report. CLSA noted that the "combination of 11-12% estimated revenue and 20% EPS growth through 2017" helped warrant the raise. Read More
Founders Announces 30% Stake Sale to Spain's San Miguel
FILED DECEMBER 17, 2014 And the latest deal comes via fast-growing craft brewer in the Midwest: Founders Brewing Co. has announced a partnership with Spain's Mahou San Miguel, who will now be minority investor, with 30% ownership in the brewery. The deal is expected to close in January 2015. Read More
Arizona Beer Bill: New Proponent and TV Showdown
FILED DECEMBER 16, 2014 We've been keeping a close eye on the progress of the Arizona Beer Bill, which aims to allow "microbrewers" to maintain certain benefits even after they pass the state's 40,000-barrel threshold [see CBD 11-25-2014]. Read More
These Breweries Grow Up So Fast Nowadays
FILED DECEMBER 15, 2014 Indianapolis-based Sun King Brewing started out back in 2009 hitting about 5,000 barrels. Now they're on pace to produce 28,500 barrels this year, per report by Indianapolis Business Journal. Generally, this rapid growth is considered a major feat but for Sun King it unearths a dilemma due to state regulation. Read More
BA Sends Letter to the Hill, Issues Response to NBWA
FILED DECEMBER 12, 2014 CEO of the Brewers Association, Bob Pease, has shared with us a sample message they're delivering to Congress, which aims to garner support for the Small BREW Act. Read More
Trends Near End Year
FILED DECEMBER 11, 2014 Craft is cruising the latest 13 weeks to November 30 in IRI. Dollar sales are up 20.8% YTD, and 18.2% for 13-weeks in multi-outlet and convenience. Craft is a little softer in the food channel up 18.6% YTD and 16.3% for the 13 weeks. Read More
Tony on New Brewery Whereabouts, and Doing What you Gotta
FILED DECEMBER 10, 2014 Continuing our coverage of Lagunitas's 2014 from Monday: A lot of people are curious as to the whereabouts of their next brewery (chief Tony Magee has promised at least one more). Read More
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