Results 1 to 2 of 2
  1. #1
    Paper Mill Aleworks
    Reputation: JFryauff's Avatar
    Join Date
    Oct 2005

    Miller-Coors Q3 reports

    The Q3 reports from Miller-Coors states that the flagship products (Coors, Coors Light, MGD, Etc) are all in the decline, while the Tenth and Blake "craft" brands are up.

    On overall company health in Q3:

    - Net income down 14%

    - ďDomestic sales-to-retailers (STRs) were down 2%, a slight improvement from the second quarter. Domestic sales-to-wholesalers (STWs) were down 4.7%. The STW decline was higher than the STR decline due to the timing of shipments year over year.Ē

    - Comfortable with current level of pricing/discounting and doesnít see barley costs impacting price in short-term thanks to contracts in-place

    - There has been lots of discussion internally around trend of spirits taking sales away from big beer brands

    - Early Q4 numbers tracking below Q3 but a lot of variables at play

    On Tenth and Blake Beer Company:

    - Up 17.2%, driven, in large part, by 24% increase in Blue Moon Brewing sales and increase in Leinenkugelís sales

    - Up 50% in Blue Moon and Leinenkugelís seasonal program, highlighting success of Blue Moon Summer Honey Wheat and Leinenkugelís Summer Shandy (latter up 80%)

    - CEO, Tom Long, noted that the company had only begun to scratch the surface on the seasonal program

    - Peroni Nastro Azzurro delivered 8% growth for quarter, says it is third-fastest growing import in U.S.

    - Expects Tenth and Blake to grow along with index of craft category for foreseeable future

    - Plans to re-double efforts in growing Tenth and Blake brands in 2012 and is open to re-scaling operations from other brands to Tenth and Blake brands as needed
    A fanatic is one who can't change his mind and won't change the subject. - Winston Churchill

  2. #2
    Beer Please! SuperModerator
    Reputation: Klurejr's Avatar
    Join Date
    Oct 2006
    Very interesting.
    Ride Bikes, Drink Craft Beer, Repeat.

    Know these before you post:
    MTBR Posting Guidelines
    e-bike sub-forum rules

Similar Threads

  1. Molson-Coors creates Six Pints division
    By JFryauff in forum Beer Forum
    Replies: 1
    Last Post: 10-07-2011, 09:38 PM
  2. Coors and an Introduction
    By savage1978 in forum Beer Forum
    Replies: 13
    Last Post: 12-14-2009, 08:55 PM
  3. LA and Coors Classic revival - Denver Post
    By bad_andy in forum Colorado - Front Range
    Replies: 4
    Last Post: 10-06-2009, 03:37 PM
  4. Replies: 9
    Last Post: 10-13-2006, 12:06 PM

Members who have read this thread: 0

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts



VISIT US AT and the ConsumerReview Network are business units of Invenda Corporation

(C) Copyright 1996-2018. All Rights Reserved.