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Joel Whitaker

Molson Coors Sees 21% to 24% Plunge in Underlying Net Before Taxes for 2026

Molson Coors Beverage Co. said it expects its underlying net profit before taxes to plunge 21% to 24% this year. Sales are expected to slip 1% to 2% on a constant-currency basis, it said. It noted that global beer industry volume, which has been softer in the second and

EXCLUSIVE: PR Newswire Down Since at Least Sunday Owing to 'Technical Issue"

PR Newswire, a major news release distribution service used by soome major distribution services, has been down since at least Sunday. According to a PR Newswire spokesperson, "We are currently experiencing a technical issue and are actively working toward a resolution." A time for restoration of the service

Imported Beer Volume Plunges 13.8% in September; Taxable Removals Down 4.3%

Imported beer volume fell 13.8% in September from a year earlier, as beer imports from Mexico fell 14.4%. The year to date trend for beer imports from Mexico is down 1.5%, and the year to date trend for overall beer imports is now 3.2%, Andrew Heritage,

Sazerac Buys Full Sail Brewing

Sazerac Co. acquired Full Sail Brewing Co., one of Oregon's oldest craft breweries. Terms weren't disclosed. "The Full Sail team has created a strong business plus production and manufacturing capabilities, and this acquisition enables us to add additional capacity and capabilities to our network."

Lake Hour Adds

Lake Hour Adds

Lake Hour, the premium spirits-based RTD brand co-founded by actor Wyatt Russell and film producer Rich Peete, is expanding its tequila portfolio with the launch of Passionfruit Tangerine Tequila Seltzer, its first new tequila flavor since 2023, and first-ever Tequila Seltzer Variety Pack. The brand is also

Turning Visitors into Repeat Customers: Lessons for Mid-Atlantic Wineries

By CLAUDIA SCHMIDT and KATHY KELLY Penn State Extension Prioritize recent visitors and combine timely follow-up with messages tailored to customers' locations, tasting-room experiences, wine preferences, household characteristics, and interest in loyalty programs. Those are the keys to success in turning visitors into repeat customers. But don&

Bev/Al Stocks Top Dow Industrials' Stunning 3.03% 1 Day Advance

Nine of the 10 largest publicly traded alcohol beverage stocks beat both the Dow Jones Industrial Average and the Standard & Poors 500 indexes in trading yesterday. The explanation for the outperformance weren't had to find. Investors expect changes in President Trump's tariff regime along how