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INSIGHTS Express

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INSIGHTS Express is designed for busy beer execs who want faster news and more info. Available via fax or email (your choice), INSIGHTS Express delivers subscribers breaking news, key numbers, pithy quotes, and other interesting info 2X a week. That's over 100 issues each year.

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Tho cfo Tim Wolf said “worst is behind us” as far as switching supply systems a few weeks back, lotsa headaches remain, especially for smaller distribs. “We are still facing challenges including stockouts and unusually low inventory levels of some products throughout our US business,” Coors acknowledged in Nov 12 filing at SEC. These glitches will “impact volume, cost and profit trends negatively” in 4th qtr, noted Coors, “aggravated by the fact that 4th quarter is typically a smaller volume qtr.” Coors also had not-so-rosy assessment of its Molson USA joint venture: “significant volume gains, but its operating results have not met our original expectations. We and our partners continue to evaluate the venture’s strategy for 2004 and beyond.” In all, Coors will be happy to put the year 2003 behind it. One bright note: paid down $170 mil in debt thru Sep 03.

Publishing Info

  • Year 2003
  • Volume 5
  • Issue # 61
“The intent is not to divest brands on an individual basis,” wrote Pabst CEO Brian Kovalchuk to distribs in letter confirming Pabst on block. Charitable foundation that owns Pabst required to sell by mid-2005 “assuming the availability of an appropriate buyer.” Could be extension if suitable buyer not found. Assuming mid-single-digit dropoff in 2003, Pabst volume about 8.1 mil bbls, just under 4 share. Pabst has hot PBR brand, decent trends on a few others (Lone Star/Colt 45), but tuff dropoffs on Old Mil, others.

Publishing Info

  • Year 2003
  • Volume 5
  • Issue # 59
11/03/2003

Costco

That

Publishing Info

  • Year 2003
  • Volume 5
  • Issue # 58
10/28/2003

US

US beer mkt

Publishing Info

  • Year 2003
  • Volume 5
  • Issue # 57
For 12 mos thru Sep 7, spirits dollar sales up 7% (in supers where all types of alc bevs sold), while beer up 3%, reported Bump Williams of IRI at NBWA convention. Wine $$ sales up 3%. Vodka (+11%), rum (+9%) and flavored brandy (+21%) key spirits gainers last 12 mos. All spirit categories increased $$ sales except gin and scotch whisky. Among beer categories, imports (+6.7%) and micro/craft (+7.3%) had best 12-mo dollar sales trends. Meanwhile 2d- largest liquor co Allied Domecq announced results for full year ended Aug '03: North American spirits volume up 9% and in US Sauza up 16%, Maker's Mark up 17%, and Stolichnaya up 14%. Allied also changed its organization in US to improve its efforts in another key channel: on premise. New structure

Publishing Info

  • Year 2003
  • Volume 5
  • Issue # 56
Sure, all malternatives dropped 15% yr-to-date thru Oct 5 in supers, according to IRI. But like coolers, it

Publishing Info

  • Year 2003
  • Volume 5
  • Issue # 55