Beer

In early 2007, officials at the Belgian brewing giant InBev started quietly talking about the possibility of taking over one of the biggest beer brands in the world. What made the Europeans start to think they could actually acquire Anheuser Busch, the makers of the iconic Budweiser brand, a name...

Beer company Heineken (OTC: HEINY) has shown investors top-line growth over the past few years by following a simple recipe: giving more choice to the consumer, company CEO Jean-Francois van Boxmeer told CNBC. Emerging Categories In Beer Some of the popular alcoholic beverages which contributed to...

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...

Sam Adams parent company Boston Beer Company Inc (NYSE: SAM) could see notable upside from the growth and "staying power" of hard seltzer, according to Credit Suisse. The Boston Beer Analyst Kaumil Gajrawala upgraded Boston Beer from Neutral to Outperform with a price target lifted...

Beer and football remain a natural pairing, but not so much in 2020 compared to prior years, according to BeerBoard. Kansas City An Exception BeerBoard, a real-time data, insights and consumer engagement platform, said in a Monday report that total beer volume fell 1.3% year-over-year on Super Bowl...

Alcohol beverages maker Diageo plc (NYSE: DEO) CEO Ivan Menezes said in a Thursday Bloomberg interview the U.S. premium alcohol segment is performing "very well." Diageo's premium segment is seeing notable strength, including double-digit growth in single malts while $50 bottles...

Molson Coors Beverage Co. (NYSE: TAP) said Wednesday it will buy craft beer maker Atwater Brewery as Molson continues to expand beyond its traditional mass-market offering and Atwater seeks to expand in an increasingly competitive craft market. Atwater is Detroit's largest craft brewer. Molson...

Investors looking for further evidence of the growth of hard seltzer should pay extra attention during Super Bowl LIV. Global beer giant Anheuser Busch Inbev NV (NYSE: BUD) will spend millions to showcase its Bud Light Seltzer, according to The Wall Street Journal. Anheuser Busch Showcasing...

Constellation Brands, Inc. (NYSE: STZ) reported fiscal third-quarter results Wednesday, and CEO Bill Newlands was a guest on CNBC's "Mad Money" to offer his take. 'Scratching The Surface' With Modelo Constellation's Modelo Especial is not only one of the few beer...

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...

It may seem counterintuitive but beer makers are more than eager to play a role in "Dry January." What To Know Beer sales typically drop in January in reaction to the month long sobriety pledge which traces its roots to the United Kingdom in 2013, according to CNBC. Data from Nielsen...

This week brought about two big moves in the food and beverage sector. Alcohol beverage giant Constellation Brands, Inc. (NYSE: STZ) sold its craft beer Ballast Point brand and associated production facilities, while PepsiCo, Inc. (NASDAQ: PEP) bought PopCorners maker BFY Brands. Constellation...

Beer maker Molson Coors Brewing Co's (NYSE: TAP) ongoing field-work of an experimental hard coffee beverage is off to a good start and management will decide next year if it will work to expand sales, according to the Denver Business Journal. What Happened With Molson's Hard Cold Brew...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Dec. 4, 1933, President Franklin Roosevelt signed an executive order establishing the Federal Alcohol Control Administration. Where The Market Was The S&P 500 traded around 9.97...