Beer Industry News

A collection of Beer latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

telegraph.co.uk - Tim Wallace - Strike ballot threatens 'beer drought
Strike ballot threatens 'beer drought
The Telegraph

Unlock unlimited access to telegraph.co.uk, plus the latest news updates and daily newspaper in our app. Cancel anytime. Britain risks running short of beer this summer as lorry drivers and logistics workers threaten strike action over a…

cnbc.com - Amelia Lucas - Boston Beer stock tumbles 21% after weak Truly hard seltzer sales weigh on earnings
Boston Beer stock tumbles 21% after weak Truly hard seltzer sales weigh on earnings
CNBC

Shares of Boston Beer tumbled 21% in premarket trading on Friday. The previous afternoon, the Sam Adams brewer reported second-quarter earnings and revenue that fell short of Wall Street's expectations. The company blamed weaker-than-expected…

yahoo.com - Brian Sozzi - Boston Beer stock is crashing because the hard seltzer boom is basically over
Boston Beer stock is crashing because the hard seltzer boom is basically over
Yahoo | Mail, Weather, Search, Politics, News, Finance, Sports & Videos

Bottom line: The hard seltzer boom is over. Shares of Boston Beer crashed 20% in pre-market trading on Friday as the maker of Truly hard seltzer and Sam Adams badly whiffed on its earnings expectations and slashed full-year guidance. The culprit:…

bostonglobe.com - Anissa Gardizy - Boston Beer stock plunges more than 20 percent after it 'overestimated' demand for Truly Hard Seltzer
Boston Beer stock plunges more than 20 percent after it 'overestimated' demand for Truly Hard Seltzer
BostonGlobe.com

Boston Beer Company's stock was down more than 23 percent when the markets opened Friday, after the company reported weak earnings and revenue results, citing fizzling demand for its Truly Hard Seltzer brand. Dave Burwick, the company's president…

businessinsider.com - Ethan Wu - Boston Beer stock price crashes as weak hard seltzer demand drives earnings miss
Boston Beer stock price crashes as weak hard seltzer demand drives earnings miss
Business Insider

Beer tumbled more than 25% on Friday after revealing a bruising earnings miss on Thursday. On an earnings call, the Sam Adams maker reported earnings per share were $4.75 versus an anticipated $6.69. Boston Beer's off-target expectations were a…

cnn.com - By Jordan Valinsky, CNN Business  - The hard seltzer craze has come to an end
The hard seltzer craze has come to an end
CNN

New York(CNN Business) The once unstoppable growth of hard seltzer has gone flat. That warning is coming from Boston Beer, the creator of Truly Hard Seltzer, which said that popularity of the low-calorie drink has faded. Boston Beer (SAM)founder…

cnbc.com - Peter Schacknow - Stocks making the biggest moves premarket: Skechers, Boston Beer, Snap, Twitter & more
Stocks making the biggest moves premarket: Skechers, Boston Beer, Snap, Twitter & more
CNBC

Check out the companies making headlines before the bell Friday: American Express – American Express gained 3.3% after reporting quarterly earnings of $2.80 per share. That beat the consensus estimate of $1.66, with revenue above estimates…

queerty.com - Graham Gremore - Brett Kavanaugh, who likes beer, is having an absolutely terrible day
Brett Kavanaugh, who likes beer, is having an absolutely terrible day
Queerty

Supreme Court Justice Brett Kavanaugh is probably pounding back the beer this morning after new details about the FBI's investigation into sexual assault allegations made against him by Dr. Christine Blasey Ford in 2018 have been released. The FBI…

citizen-times.com - Mackensy Lunsford, The Asheville Citizen Times - Asheville 'best destination in the world for beer-lovers to visit,' says online service
Asheville 'best destination in the world for beer-lovers to visit,' says online service
The Asheville Citizen Times

ASHEVILLE - New data from Money UK, an online comparison service, named Asheville the best destination in the world for beer-lovers to visit, as the tourists spilling out of local breweries already seem to know. Money UK examined 40 destinations…

chicagobusiness.com - Ex-Coors marketer consults the beer playbook for booze
Ex-Coors marketer consults the beer playbook for booze
Crain's Chicago Business

That includes a vodka brand called “Cubist” that is specially designed to be stored in the freezer—a ploy that plays off of the custom many vodka drinkers have of putting the booze in the icebox. Cubist packaging uses…

abcactionnews.com - Larissa Scott - Dunedin breweries work together to become beer destination in Tampa Bay
Dunedin breweries work together to become beer destination in Tampa Bay
WFTS

DUNEDIN — In the City of Dunedin, 'local' is the name of the game. It's a charming small town with its own flare. “Dunedin is becoming more of a tourist destination,” said Michael Painter, Co-Owner of Woodwright Brewing…

news-journalonline.com - Ken Willis, Daytona Beach News-Journal Online - Beer pong in the Olympics? 5 'sports' that should be added to the Summer Games
Beer pong in the Olympics? 5 'sports' that should be added to the Summer Games
Daytona Beach News-Journal Online

In recent years, the governing bodies of billiards, bowling and fishing have requested acceptance — they have scratched, gutter-balled, and foul-hooked a catfish, however. Those games might be too yesterday for all those hipsters at the IOC.

reuters.com - Hard seltzer boom goes flat
Hard seltzer boom goes flat
Reuters

NEW YORK, July 23 (Reuters Breakingviews) - The hard seltzer boom is losing fizz. Boston Beer's (SAM.N) second-quarter results released Thursday tasted as bad as a Truly Pineapple drink left open overnight. Net income fell by almost 2% compared…

stocknews.pro - Stock News - Why Boston Beer Stock Got Crushed Friday Morning
Why Boston Beer Stock Got Crushed Friday Morning
Stock Markets News

Sam Adams beer maker Boston Beer shocked investors last night with a quarterly earnings report that fell far short of expectations. The stock is getting slammed this morning as a result with shares down more than 26% as of 10:25 a.m. EDT. Boston…

westword.com - Thomas Mitchell - Why a Craft-Beer Pioneer Joined the Cannabis Industry
Why a Craft-Beer Pioneer Joined the Cannabis Industry
Westword

Support the independent voice of Denver and help keep the future of Westword free. We've seen no shortage of alcohol companies sticking their boozy little fingers into legal cannabis while one of the few brands we'd actually welcome into the pot…

Receive a Daily briefing on Beer Industry News