Beer Industry News, Insights, Jobs, & Events
Ball CEO: Beer ‘an Important Category’ But ‘Not Our Only Category’
Beer, carbonated soft drinks and energy drinks are “delivering growth” for Ball Corporation, but beer is no longer the largest share of the aluminum can manufacturer’s business, CEO Ronald Lewis shared during the company’s Q2 earnings call.
Diageo Unveils $1 Billion Cost Reset; Investment in RTDs, Guinness Growth
Diageo CEO Dave Lewis unveiled a $1 billion cost-cutting plan for the struggling drinks giant today.
Molson Coors ‘Not Satisfied’ With Share Performance, But Maintains FY26 Guidance Despite Q2 Losses
Molson Coors’ year-over-year (YoY) losses accelerated in Q2, as the company continues to tackle slowed momentum from its core beer brands. But declines have yet to sway the company away from its previously stated guidance for the full 2026 fiscal year (FY26).
Heineken USA Volume Down ‘High-Single-Digit,’ Lagunitas Gains Share; Shareholders Approve New CEO
Heineken’s U.S. business unit recorded a “high-single-digit” decline in volume in what the company called “a challenging beer market” during the second quarter, the Dutch brewing giant shared in its Q2 and half-year earnings this week.
Featured Jobs
CEO Michelle Ivey Dives Into Lake Hour’s Strategy
How can a new brand make a splash in the increasingly crowded ready-to-drink waters? A winning combination of differentiated flavors, artistic packaging and a willingness to work the market day in and day out. That’s what has been working for Lake Hour, according to CEO Michelle Ivey, this week’s featured guest.
Brewbound Newsletter: 🍻 Beer Drinkers Feel the Summer ‘Squeeze’
Total U.S. beer industry supply declined 2.1% YoY in June, according to the latest volume report from the Beer Institute. The loss outperformed YTD volume (-3.9% thru June). Note: total industry supply includes domestic tax paid shipments, imports and state-level shipments.
The State of Bev-Alc Distribution: Suppliers Reckon With A Shifting Middle Tier
Republic National Distributing Company (RNDC) filed for Chapter 11 bankruptcy in July, closing out a slow-motion collapse that has reshaped bev-alc’s distribution tier and emboldened new total beverage power players.
Heimark Distributing Strikes Deal for Alford Distributing in Southern California
Independent red network wholesaler Heimark Distributing has reached an agreement to acquire Alford Distributing in Imperial, California, the companies announced today.
Press Clips: Openings & Closings, More Apple Beer & the World Cup’s 2M Case Effect
Check out news items initially reported in the Brewbound Insider Newsletter August 3-5, including headlines from Prost, JuneShine, the Beer Institute and more.
Investors Double Down On Uncle Arnie’s Two-Track THC Approach
Cannabis beverage maker Uncle Arnie’s has raised a fresh $2 million on top of a round led by previous investors Mindset Capital and the investment office of Harry Rubin, the founding partner of Boston Beer Company.
June Beer Industry Supply Declined YoY; Losses Eased Compared to May, per BI
Total U.S. beer industry supply declined 2.1% year-over-year (YoY) in June, according to the latest volume report from the Beer Institute (BI). That figure – which includes data for domestic tax paid shipments, imported beer and state-level shipments – outperformed year-to-date (YTD) volume, which declined 3.9% YoY through the end of June.
Off-Premise Declines Consistent Through Late July, per NIQ Weekly Scans
As the industry rumbles through the quiet zone between the Fourth of July and Labor Day (September 7), off-premise scans remain relatively unchanged from previous reports, according to the latest figures from market research firm NIQ.
Cann Launches Dwyane Wade Golf-Themed Flavor
Cann is bringing out a big name this summer, as investor and NBA Hall of Famer Dwyane Wade has collaborated with the cannabis beverage maker on a new golf-inspired release.
Under Sazerac, Minute Maid Spiked Chases Hard Tea’s Shift To Spirits
Minute Maid Spiked is adding Vodka Lemonade Iced Tea to its lineup, marking the brand’s first entry into the hard iced tea set. The launch also lands as the brand’s first release since Sazerac took over distribution in partnership with Coca-Cola’s newly restructured “firewalled, wholly owned” bev-alc subsidiary, Red Tree Beverages.