Craft Brewing and Distilling News for August 9, 2018August 9, 2018
•The Craft Brew Alliance (CBA) has posted a 2% net sales increase to $61.8 million for the second quarter of 2018, with its Kona Brewing Co. driving gains with a 7% rise over the previous year. Growth for Kona was fueled by Big Wave Golden Ale, which was up 22%, and supported by the brand’s new Kanaha Blonde Ale. CBA reports that Kona’s sales were especially strong in the on-premise, which grew 35%. Though Kona’s depletions grew, CBA’s overall depletions declined by 2% in the second quarter. Looking forward, the company expects full-year 2018 depletions to drop by up to 2% or grow by up to 3%, and prices to increase between 1% and 3%. In addition to Kona, CBA’s portfolio includes Redhook, Widmer, and Omission, among other brands.
•Colorado-based Avery Brewing is bringing back The Kaiser, billed as an Imperial Oktoberfest lager. Made with Vienna and Munich malts and Hallertau and Bravo hops, The Kaiser was retired in 2016 to make room for other brews in the Avery portfolio, but is returning due to consumer demand. The 8%-abv beer is rolling out now through October in 6-packs of 12-ounce cans. Avery’s year-round lineup includes White Rascal Belgian-style ale, Avery IPA, El Gose, and Ellie’s Brown, among others.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.