Craft Brewing And Distilling News for August 9, 2019August 9, 2019
•The Portland, Oregon-based Craft Brew Alliance saw core beer sales increase by 2.7% to $60.6 million and depletions grew by 1% in its fiscal second quarter through June, with the Kona brand driving growth. Kona’s depletions and shipments were up 8% and 11%, respectively. According to the company, a strong positive response to Kona’s national marketing initiatives and on-premise growth bolstered the brand in the three-month period. In addition to Kona, Craft Brew Alliance owns Widmer Brothers, Red Hook, and Cisco Brewers, among others.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.