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Strong craft beer market helps with GrainCorp results

““GrainCorp Malt continues to perform well with strong demand for specialty products delivering high capacity utilisation. The business remains well positioned for key customer segments and has made good progress with the expansion of the Pocatello facility and its craft distribution network.” Part of that strong performance for GrainCorp Malt has come through the expansion […]

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Craft Brew Alliance Inc Declines A lot Today, Is Now One of The Worst Performer

“Out of 4 analysts covering Craft Brew Alliance (NASDAQ:BREW), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Craft Brew Alliance has been the topic of 8 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, August 5 by Citigroup. The rating […]

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Rumor Central: What Can We Learn from Brewery Buyouts?

“In recent years, beer lovers have followed this cycle with glee and horror as investments and brewery sales have become a regular part of the industry. Along the way, hearts are broken and curious minds churn, wondering what’s next for these businesses. But there’s also the question of “who’s next?” Speculation into who AB InBev or […]

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Craft Brew Alliance details its enhanced deal with Anheuser-Busch (and more!) in Q3 report

“Third quarter depletion growth of just under 1 percent was fueled by robust 18 percent depletions growth for Kona Brewing Co. The CBA says this “Kona Plus” strategy combines the strength of Kona as a leading national brand family supported by a stable of distinctive local craft brands, including strategic partners Appalachian Mountain Brewery and Cisco […]

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Does US election throw Cuervo IPO into doubt?

“Despite polls forecasting as much as a five-point lead for Democratic candidate Hillary Clinton, Republican nominee Donald Trump clinched a shock victory overnight. As the results came in, the Mexican peso fell by more than 13% against the US dollar to an all-time low. The currency has since regained some ground, but is still down […]

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Craft Brew Alliance’s (BREW) CEO Andrew Thomas on Q3 2016 Results – Earnings Call Transcript

“There’s so much to discuss A-Bout Q3 that candidly was challenging to find them apps construct for this call. Taking a step back and just looking internally, there’s a progressive evolution of our partnership with A-B, the continued robust growth with Kona, the second consecutive quarter of forward momentum for our Kona Plus strategy, the […]

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The company that started the craft beer movement has gone flat

“Boston Beer shares are now half the price they were in early 2015, and it still doesn’t look like a bargain, with the company’s most recent quarter showing another drop in beer shipments of 12% and revenue falling 14% from the same quarter last year. Depletions, or beer shipped from distributors to end consumers or […]

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Applying for a liquor bond? Here’s a breakdown of the costs

“The bond price you will end up paying is directly linked to the liquor bond amount that you are asked to provide. The federal or state authorities that require the bonding are the ones who set the bond amounts. On many occasions, you will be asked to post a bond in the range of $2,000 […]

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5 Essentials for Your Crowdfunding Project to Succeed

“These days, media is full of successful crowdfunding stories, so people create more projects every year. Stories like The Veronica Mars movie, The 10-Year Hoodie and Fidget Cube make it look like crowdfunding is an easily-achievable goal. Yet, more projects fail than succeed on these websites. How do you fund your project on Kickstarter and […]

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Sam Adams: Love the Beer, Not the Stock

“Boston Beer’s success is partly attributable to catching a huge wave. According to data from the Brewer’s Association (industry trade group), craft beer had 12% volume share of the U.S. beer market in 2015 (and 21% dollar share). That’s a sizable increase since 2008 (first year of reliable data that I can find), when craft […]

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We unpack Boston Beer’s brutal third quarter sales which have investors concerned

““We remain prepared to forsake short term earnings, as we invest to return to long-term profitable growth, commensurate with the opportunities and the increased competition that we see,” said Martin Roper, the company’s president and CEO. “We have provided our preliminary view of 2017 growth rates but these rates are difficult to predict and subject to […]

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After Raising $3.5 Million, Fort Point Beer Company Prepares for Next Round of Funding (CA)

““We’re actively ready to raise more money for the next 18 months ahead of us,” co-founder and CEO Justin Catalana told Brewbound. “The majority of that will go to launching new territories and cities.” In just its third year, the San Francisco-based company is already on pace to sell more than 10,000 barrels of beer […]

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