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Rough Draft: 4 Growing Trends In Craft Beer
Wednesday, February 12, 2020 - 6:30pm | 548Read More...The beer industry is undergoing a shift in preference as consumers gravitate towards lower-calorie options or hard seltzer alternatives. According to the U.S. Brewers Association, U.S. beer volume sales were down 1% in 2018 but craft names actually grew 4%. Retail dollar sales of craft beer rose 7...
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Walmart Adds High-End Liquor To Shelves
Monday, January 6, 2020 - 4:13pm | 367Read More...Walmart Inc (NYSE: WMT) is looking to improve its alcohol selection by offering hyperlocal craft beers, high-end wines and top-shelf spirits. Walmart's Liquor Aisle Walmart's "core offerings" of alcohol today include everyday brands like Bud Light, Miller Light and...
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UBS Questions Boston Beer's Dogfish Head Purchase, Increasing Exposure To Difficult Craft Beer Category
Wednesday, May 22, 2019 - 11:31am | 442Read More...The craft beer market is getting crowded with new brews showing up and taking share away from established craft brewers. So, the recent decision by Boston Beer Company Inc (NYSE: SAM) to get even deeper into an increasingly competitive industry by buying another craft brewery is curious, says UBS...
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Busy Friday For Beer Investors
Friday, May 10, 2019 - 9:50am | 445Read More...Beer investors woke up to a busy Friday morning as Boston Beer Company Inc (NYSE: SAM) bought rival brewer Dogfish Head and Anheuser Busch Inbev NV (NYSE: BUD) is reportedly looking to spin its Asian business. Boston Beer Buys Dogfish Boston Beer, best known for its Sam Adams beer, announced...
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Eastside Distilling Receives Acceptance For Trademark Application Of Hemp-Based Beverage
Monday, March 4, 2019 - 4:00pm | 465Read More...Shares of Oregon-based maker of craft spirit maker Eastside Distilling Inc (NASDAQ: EAST) ticked higher Monday after the company's potential move into the CBD-infused beverages space became more clear. What Happened According to the webpage of the U.S. Patent and Trademark Office, Eastside...
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Breakfast Brew: IHOP's Pancake-Infused Stout Joins List Of Restaurant-Branded Beers
Wednesday, September 26, 2018 - 10:19am | 445Read More...Interested in trying pancake-flavored beer? If so, Dine Brands Global Inc (NYSE: DIN)'s IHOP chain has you covered. What Happened IHOP has struck a partnership with New York's Keegan Ales to sell IHOPS Pumpkin Pancake Stout beer. The company's buttermilk pancake mix is infused...
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Credit Suisse: A 'Unique Opportunity' Makes Molson Coors An Attractive Stock
Monday, February 12, 2018 - 3:17pm | 409Read More...Investors looking for a company that will see outsized benefits versus its peers from President Donald Trump's tax reform should consider Molson Coors Brewing Co (NYSE: TAP), according to Credit Suisse. The Analyst Credit Suisse's Laurent Grandet upgraded Molson Coors' stock from...
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Here's Where You Can Find The Cheapest Beer In America
Friday, June 30, 2017 - 3:34pm | 434Read More...The price of a 24-pack of beer varies from state to state, mostly due to taxes, Simple Thrifty Living found in a study. Based on prices of 12-fluid-ounce cans sold at Wal-Mart Stores Inc (NYSE: WMT) stores, beer drinkers in the state of Michigan pay the least amount. The price of a 24-pack of beer...
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Founders Brewing Co.'s Journey From Near-Bankruptcy To Best-Seller: 'Our Investors Thought We Were Crazy'
Monday, May 22, 2017 - 12:50pm | 1521Read More...At the Founders Brewing Co. headquarters in Grand Rapids, Michigan, evidence of the craft beer maker's exponential growth is everywhere. “Six months ago, this was a parking lot,” Cofounder and CEO Mike Stevens told Benzinga, while observing a new automated canning line from a...
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The Story Of Bell's Brewery: Larry Bell Grows From Stoner Beer Baron To Craft Beer Icon
Sunday, March 19, 2017 - 11:42am | 1386Read More...A few decades ago, Larry Bell would show up at parties with bottles of beer he brewed in his basement. Some people were leery of this self-described stoner’s early editions of bootleg booze. Bell doesn’t blame them. “There was a lot of bad beer in the beginning,” Bell tells...
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Craft Brew Alliance Hits All-Time High After New Deal With Anheuser Busch
Wednesday, August 24, 2016 - 4:27pm | 247Read More...Craft Beer Alliance Inc (NASDAQ: BREW) soared to new all-time highs after locking up a new distribution deal with Anheuser Busch INbev SA (NYSE: BUD). The deal runs until 2028 and will reportedly offer increased distribution, support and resources for several craft brands, including Kona...
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Top 10 Domestic Beer Brands By Sales
Friday, August 12, 2016 - 6:43am | 239Read More...Craft beer is bigger than ever in the United States. It's a $22.3 billion market and holds 12 percent of the total market share of the beer industry. While the craft market continues to grow, we have yet to see an individual craft beer crack the 10 in Bevnet U.S. Domestic Beer Sales....
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Are Craft Beer Stocks A Buy?
Friday, June 17, 2016 - 11:45am | 355Read More...Unfortunately for investors, it may be much easier these days to find a good beer than to find a good beer stock. According to Citi analyst Wendy Nicholson, U.S. consumers are drinking more wine and spirits, which has put pressure on the beer business. Craft beer has been a strong growth segment in...
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New Carnival Partnership Brings Craft Beer To Cruise Passengers
Monday, March 28, 2016 - 12:32pm | 203Read More...Carnival Corp (NYSE: CCL) detailed on Monday a new partnership in which guests will enjoy hand-crafted beers brewed right on board. Concrete Beach, an independently operating subsidiary of Boston Beer Co Inc (NYSE: SAM), will take charge in crafting various beers which will be inspired by and...
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Craft Brew Alliance Announces New Agreement With Pabst To Support 'Strategic Growth Objectives For Both Companies'
Tuesday, January 12, 2016 - 9:20am | 183Read More...Craft Brew Alliance Inc (NASDAQ: BREW), an independent craft brewing company, announced a new brewing agreement with Pabst Brewing Company, North America's largest privately held brewing company. As part of the new strategic agreement, Pabst Brewing Company's subsidiary, Rainier Brewing...
