Anheuser-Busch InBev is buying Seattle-based Elysian Brewing Company for an undisclosed amount.» Read More
LONDON, Jan 21- International brewer SABMiller on Wednesday reported a rise in third-quarter sales despite ongoing weakness in China due to poor weather last year. SABMiller sells its own soft drinks in some regions, including Latin America, and sells Coca-Cola soft drinks in Africa. "Our Latin America and Africa businesses continued to grow both volumes and...
Constellation Brands raised its full-year earnings forecast after reporting higher-than-expected quarterly sales and profit.
Constellation, whose brands include Robert Mondavi and Rex Goliath wines and Svedka vodka, said in October it was expanding capacity at its Nava brewery in Mexico. Victor, New York- based Constellation raised its adjusted profit forecast for the year ending Feb. 28 to $4.25- $4.35 per share from $4.10- $4.25 per share. Constellation's net income rose to $222...
Jan 8- Alcoholic beverage maker Constellation Brands Inc reported a 7 percent rise in quarterly revenue, helped by higher sales of its beer brands such as Corona and Modelo. The company's net income rose to $222 million, or $1.10 per share, in the third quarter ended Nov. 30 from $211 million, or $1.07 per share, a year earlier. Net sales rose to $1.54 billion from $1.44...
Will a lost puppy, Clydesdales and Pac-Man be the winning combination this Super Bowl? Anheuser-Busch hopes so.
There's no need to spend $100 or more for a bottle of Champagne. Even a $9 bargain pick can offer value—if you don't make common serving mistakes.
Recipe for a great holiday gift: Add one of these bottles. Pour. Serve.
Fans of Goose Island Beer Company have their own annual Black Friday tradition: Standing in line for Bourbon County Brand Stout.
Rethink the airline beverage cart. Bartenders say it's easy for travelers to make a classier cocktail with mixers you can carry onto the plane.
Rob and Kurt Widmer, the founders of Portland's Widmer Brothers Brewing, have created a business that has made them the elders of craft brewing.
The craft beer movement is great for the beer business overall, Anheuser-Busch InBev CEO Carlos Brito told CNBC on Thursday.
LONDON, Nov 13- Brewing giant SABMiller reported weaker-than-expected profit and a dip in margins for the first half of its fiscal year, citing poor weather in China and intensified competition among retailers in Australia. Excluding the impact from the depreciation of currencies in Latin America and South Africa versus the dollar, SABMiller said EBITDA...
Fears that Russia's economic downturn will ravage European multinationals may have been overstated in some cases, with companies that sell beer and soap defying expectations.
Discussing the breakdown of the craft beer business, and consolidation among the brewer and distributor levels, with Bob Pease, Craft Brewers Association CEO.
Insight to the state by state issue regarding craft beer distribution, with Bob Pease, Craft Brewers Association CEO.
*U.S. weaker, Brazil stagnant, limited cost savings in Mexico. BRUSSELS, Oct 31- Anheuser-Busch InBev, the world's largest beer maker, increased earnings by less than expected in the third quarter as U.S. consumers drank less, Brazil fell into recession and Mexican cost savings dropped sharply. The maker of Budweiser, Stella Artois and Corona has coped with past...
Drink up: Cocktail and spirit pairings worth a raid of your kids' Halloween candy stash.
Graeme McDowell, professional golfer, discusses his new venture of brewing a series of craft beers.
Guinness plans to offer a series of limited-edition, luxury beers. Would you pay $35 for a bottle?
"Beer has to have water," says the manager of one brewery, who noted that a typical can of beer is 92 percent water.