Molson Coors Reports Best Quarterly Growth in a Decade
Molson Coors (NYSE: TAP) reported its Q2 earnings Thursday, beating analysts’ top and bottom line estimates and posted, what the company called, “its best quarterly top-line growth in more than a decade.”
AB InBev Beyond Beer Revenue Up 45%
AB InBev’s Beyond Beer category enjoyed an impressive 45% increase in revenue this quarter thanks to the beverage titan’s portfolio of hard seltzers and ready-to-drink canned cocktails.
Kové Launches Hard Yerba Mate and New Taproom
Kové, launched in May of 2021, might be new to the ready-to-drink (RTD) scene but the brand is steeped in centuries of tradition.
Cocktail/Seltzer Hybrid Brand Raises $4.5M for Secret New Product
The makers of the popular “cocktail meets seltzer” brand, SESH, has raised an impressive $4.5 million in total investments this year. The funds will go towards growing the SESH brand as well as launching a new brand which is, according to the company, currently in “stealth mode.”
Hartwall Original Long Drink Officially Launches in US
Hartwall still uses the same recipe it did in 1952 to craft its Original Long Drink, which is also known as a “lonkero” in Finnish.
Seltzer Experience Pops-Up in Chicago
A pop-up bar dedicated to serving hard seltzer is now open in downtown Chicago. The Chicago Seltzer Shop, which offers “an immersive seltzery tasting experience,” is located inside the Kimpton Gray Hotel in Chicago’s dynamic Loop area.
Michigan Distilleries Lead in Canned Cocktails
Michigan’s Coppercraft Distillery just announced the launch of four new ready-to-drink (RTDs) canned cocktails, bringing the company’s pre-made portfolio to seven premium drinks.
Big Week For Seltzer Earnings as Competition Heats Up
This is a big week for the competitive public companies producing hard seltzer, as the product evolves with fierce competition -- a win for both consumers and savvy producers.
Five RTDs for a Sparkling National Tequila Day
National Tequila Day is Saturday, July 24. Looking for a lighter way to celebrate? Check out these five spiked and sparkling tequila based options, conveniently canned for all of your outdoor fiestas.
Boston Beer Stock Plummets as Management Underestimates Hard Seltzer Competition
The Boston Beer Company (NYSE: SAM) reported its Q2 earnings on Thursday afternoon. The beverage alcohol company’s shares plummeted 20% in after hours trading Thursday, with its top and bottom line falling short of analysts’ expectations.
