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World: AB InBev records increase in 2023 revenue in spite of dip in US sales
Hiking beer prices led Budweiser owner Anheuser-Busch InBev to profit and revenue growth last year, even though U.S. sales of staple brand Bud Light were curbed by boycott action.
The worlds ...
Published 29/02/2024
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Japan: Non-alcoholic beer consumption up more than 20% since 2018 in Japan
Out of all the alternatives to alcohol, non-alcoholic beer has so far made the greatest inroads.
Whether its the rise of specialists like Athletic Brewing in the US or Big Drop ...
Published 29/02/2024
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Brazil: Ambev sees 10.9% decline in Q4 net profit as total volumes were slightly down
Brazilian brewer Ambev reported on February 29 a decline of 10.9% in fourth-quarter net profit, missing market forecasts as total volumes were down slightly by 0.1%, dragged down by South ...
Published 29/02/2024
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USA: AB InBev reaches tentative deal with union, Molson Coors strike continues
Top U.S. brewer Anheuser-Busch InBev reached a five-year tentative labor deal with Teamsters that significantly raises pay, improves healthcare and retirement benefits, and provides job security for all 5,000 union ...
Published 29/02/2024
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USA, WI: Wisconsin farmers tapping into malting barley
Jim Pingel has raised four kids on his farm in Chippewa County. He had about 100 head of dairy cattle40 that he milked up until about 2000. Hes grown corn, ...
Published 29/02/2024
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Chile: Compania Cervecerias Unidas SA reports results for the quarter ended in December
Compania Cervecerias Unidas (CCU) on February 27 reported fourth-quarter earnings of $46.6 million, the Washington Post said.
On a per-share basis, the Santiago, Chile-based company said it had net income of ...
Published 28/02/2024
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USA, MA: Boston Beer shares plummet on earnings miss, weak guidance
Shares of The Boston Beer Company, Inc. plummeted 11.16% in aftermarket trading following the release of its fourth quarter financial results, which fell short of Wall Street expectations. The company ...
Published 28/02/2024
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USA: Spirits exports up 8% in 2023
Spirits exports rose 8% in 2023 to $2.2 billion, according to the Distilled Spirits Council of the United States, following the European Union's suspension of 25% retaliatory tariffs on American ...
Published 28/02/2024
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USA, TN: Common Law Brewing announces permanent closure
Common Law Brewing, a brewery that opened two years ago in Spring Hill, has announced they have closed for business, the Williamson County Source reported on February 28.
In a social ...
Published 28/02/2024
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New Zealand: Demand for beer experiences noticeable decline in 2023
In data released on February 27 from Statistics New Zealand on the volume of alcohol available for consumption for the year ending December 2023, it has become apparent that the ...
Published 27/02/2024
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