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Constellation Brands Raises Financial Guidance; Shipments +11.7%, Depletions +7.3% in Q2; Takes $66M Obsolescence Expense for Seltzer
October 06. 2021
Constellation Brands’ beer business increased both shipments (+11.7%) and depletions (+7.3%) during the second quarter of its 2022 fiscal year, the company reported Wednesday….
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Whisper Creek Launches Spiked Coffee Cocktails
October 06. 2021
The multi-award-winning, Whisper Creek Tennessee Sipping Cream, a spirit brand of Pennington Distilling Company, announces launch of new product—Whisper Creek Spiked Coffee cocktails….
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Willie’s Superbrew Hires New Chief Brand Officer Greg Owsley to Lead Rebrand
October 05. 2021
Massachusetts-based Willie’s Superbrew has hired former-New Belgium CMO Greg Owsley as its first chief brand officer (CBO)….
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Jefferies: Distributors Predict Flat Volumes Through 2026; Only 20% Are Confident in Hard Seltzer’s Growth Outlook
October 05. 2021
Beer volumes will be flat in 2022 and for the next several years, due to a drastic slowdown in the previously meteoric growth of hard seltzer, distributors told financial services firm Jefferies in a recent survey….
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Press Clips: A-B Considers $1.2 Billion Sale of German Brands; Molson Coors Rolls Out Topo Chico Margarita Hard Seltzer Variety Pack
October 05. 2021
Anheuser-Busch InBev (A-B) is exploring selling some of its German beer brands, valued at $1.2 billion, Bloomberg reported Monday, citing “people familiar with the matter.”…
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PepsiCo CEO Discusses Hard MTN Dew, Creation of Distribution Network During Q3 Call
October 06. 2021
PepsiCo CEO Ramon Laguarta emphasized that the soft drink maker has “been investing a lot in R&D” and believes its “pipeline is strong” during Tuesday’s third quarter call with investors and analysts….
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Incoming NBWA Chair Peter Heimark Discusses Terminations, Consolidation, Executive Order
October 05. 2021
New National Beer Wholesalers Association (NBWA) chairman Peter Heimark laid out his vision for what beer (and beverage) wholesalers will be facing over the next year during his remarks at the NBWA’s annual conference Tuesday….
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Dallas Cowboys and Revolver Brewing Release 3 Limited Edition Beers
October 05. 2021
This fall, Texas-based Revolver Brewing is joining forces with the Dallas Cowboys and LEGENDS Hospitality to debut three new, limited-edition beers as part of AT&T Stadium’s Teamwork Brews series. …
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Craft Maltsters Guild Debuts 2022 Advanced Class in Craft Malt Production
October 05. 2021
The Craft Maltsters Guild will offer a four-day intensive workshop in the days leading up to the 2022 Craft Malt Conference in Portland, Maine (CMC 2022)….
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Dust Bowl Brewing Signs with Arizona Beer & Cider Company
October 05. 2021
Dust Bowl Brewing Co. announced its latest wholesaler agreement with Arizona Beer & Cider Company based in Phoenix, AZ, making Arizona the seventh state in Dust Bowl’s growing distribution footprint….