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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.

In each INSIGHTS Express, you'll find breaking news balanced with other info you just won't see elsewhere.International news.Articles about smaller brewers.Trends in other industries that bear on the US beer biz. Alcohol policy issues. Statistical snapshots. And much, much more.

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Miller “underlying domestic volume” trend improved slightly to -3.5% in 2d qtr from –5.3% in 1st qtr. That's not including Molson either yr (Molson part of Miller last yr, not this yr). So Miller shipped about 6% fewer bbls in 2d qtr, a drop of over 600,000 bbls. Meanwhile, oper income down double digits for 3d qtr in a row. Dropped $22 mil, 12% to $168 mil. In 1st half, Miller oper income down $50 mil 15%. PM pointed to “higher marketing spending” for core brands and lower Lite and Gen Draft volume, “partially offset” by increases on High Life and Foster’s. PM chairman Geoff Bible ac-knowledged Miller biz “soft,” but pointed to “modest signs of improvement in key business fundamentals.”

Publishing Info

  • Year 2001
  • Volume 3
  • Issue # 36
“Young Germans, in common with their peers elsewhere in Europe are switching from beer to wines, spirits and alcopops, leaving brewers struggling to fund foreign expansion…. A gradual downturn in German beer consumption has now forced the country’s brewers to think hard.” That’s what UK paper the Guardian wrote in article about Beck’s. Between better wine and spirits trends, plus explosion of mal-ternatives, beginnings of same pattern here. Key difference: beer consumption up in US.

Publishing Info

  • Year 2001
  • Volume 3
  • Issue # 38
07/23/2001

Light beer segments continue to clean up in supers. Look at YTD volume trends thru Jul 8, from IRI: import light +17.8% (hottest segment other than malternatives), premium light +3.4%; popular light +7.3%. Import regular segment up 8%, but pre-mium and popular regular segments down 3% each. Superpremium, budget light segments both down, but not as much as superpremium and budget regular. In toto, light segment up 2.2% YTD while total beer volume up 0.7, regular segment down 0.3%. Light beers grabbed 45.4 share, up 0.8.

Publishing Info

  • Year 2001
  • Volume 3
  • Issue # 38
Top-2 Mexican brewers continue to build export biz—mostly to US—at healthy pace. While Modelo exports jumped 20.8% in 2d qtr, Femsa exports up 11.6%. Key Mexican brand trends in supers YTD thru Jul 22: Corona +7.6%; Corona Light +18.9%; Tecate +0.5%; Dos Equis +13.1%; Pacifico +20.7%, Modelo Especial +1.4%. Corona Light jumped to #4 import in supers, closing in on Tecate. In Mexico, Modelo beer sales flat in 2d qtr, but Femsa off 4.3%.

Publishing Info

  • Year 2001
  • Volume 3
  • Issue # 42
For Diageo, that is. FTC cleared Diageo and Pernod $8-bil purchase of Seagram with conditions this week, such as selling off Malibu brand. Deal

Publishing Info

  • Year 2001
  • Volume 3
  • Issue # 68
When Coors completes announced purchase of Interbrew’s Carling UK biz for $1.7 bil, it will move into top-10 worldwide brewers with volume of about 32 mil bbls. In effect, Coors made statement that it’s in beer biz to stay, that it’s a buyer, not a seller. It’s “one more step in making us a bigger and better company,” Pete Coors told analysts in conference call this afternoon. A big change for Coors, as it takes on pile of debt: $1.5 bil. That’s a lot for co with mkt cap of $1.98 bil at presstime. (Its debt on Sep 30 was $105 mil.) Purchase makes Coors #2 brewer in UK, world’s 6th-largest beer market. Before deal, Coors sold less than 300,000 bbls outside North America (it sells about 1 mil bbls in Canada); as Carling owner, Coors will sell more beer outside NA than AB. Is Coors done buying? Pete Coors told NY Times he’d prefer to reduce debt before acquiring again, but added: “The world is shrinking. As opportunities become available, we’ll be look-ing.” Recall that Coors had invested in Spanish and Korean brewers in the 90s, but subsequently divested.

Publishing Info

  • Year 2001
  • Volume 3
  • Issue # 69