Good Morning, and Happy Friday! It's October 27, 2023.
Boston Beer Co. reports net revenue of $601.6 million, up 0.9% from the 2022 third quarter, ended Sept. 30. Net income soared to $45.3 million, or $3.70 a share, from $27.29 million, or $2.21 a share, a year earlier. Depletions decreased 6%
Marie Brizard Wine & Spirits reports third quarter sales were 6.1% lower than a year earlier. In Marie Brizard's home country of France, sales were down 4.2% from the like 2022 period, despite price increases. Sales of the group's strategic brands fell as the group cut back on promotional
Total Control States spirits sales 9 liter volume decreased by 5.8% from September a year earlier and 3.5% in dollar volume, resulting in a positive 2.3% price mix. With the significant decreases across most states, all spirit categories were negative with the exception of Cocktails +14.3%
Buffalo Trace Distillery released Eagle Rare 25, an ultra-aged bourbon that exemplifies the Distillery's relentless commitment to innovation and honoring tradition but embracing change. At 25 years old, Eagle Rare 25 marks the oldest expression released from the Eagle Rare portfolio. Buffalo Trace Distillery has conducted thousands of experiments
Wild Turkey Distilling Co. introduced Wild Turkey Generations, a first-ever collaboration from three generations of the iconic Russell family of whiskey makers. The ultra-premium and highly limited release from the storied Wild Turkey distillery reflects more than a century of bourbon-making prowess; it is an expert blend of four hand-selected
Los Magos Sotol, the most-awarded sotol brand and leader in its spirit category, officially launched its highly anticipated 6 Year Reserva. The new Los Magos 6 Year Reserva was distilled by the late fifth generation sotolero, Don Celso Jacquez, with only six barrels produced and in existence today.
Rabbit Hole Distillery released Seasong, a Kentucky straight bourbon finished in rum casks. Seasong is the latest release in the brand’s Distillery Series. Seasong is crafted from Rabbit Hole’s award-winning Heigold product and is drawn from fewer than 15-hand toasted and charred barrels.
Thanks for reading. See you over the weekend with our weekly wrapup, Kane's Beverage Week. We deeply appreciate your continued loyalty and support.– Joel