Brewbound

More than 4.043 million barrels of beer were imported into the U.S. in May, marking the first time more than 4 million barrels were imported in a single month, according to Beer Institute (BI) chief economist Andrew Heritage, citing the latest report from the Department of Commerce. https://lnkd.in/gRERrgxs

Constellation Brands’ share price declines Wednesday seemed not to shake company leadership, who expressed optimism about continued growth during the company’s Q1 FY 2025 earnings call with investors and analysts. https://lnkd.in/gVvgmuBN

Deal maker Townsend Ziebold has joined Arlington Capital Advisors as of July 1. Ziebold announced the move to business contacts, and Arlington leaders confirmed. https://lnkd.in/grbXpv8c

Constellation Brands reported a strong first quarter of its 2025 fiscal year, with $2.662 billion in reported net sales, a +6% increase compared to the same quarter last year, according to its Q1 earnings report. https://lnkd.in/gCXVt5yK

One-in-three consumers plan to celebrate Fourth of July weekend at bars, restaurants, and other on-premise venues, according to NIQ-owned on-premise data firm CGA. https://lnkd.in/g-rhPpzH

Molson Coors-owned Leinenkugel’s is making its flagship Summer Shandy a year-round offering. Leinenkugel’s president Tony Bugher and John Leinenkugel discuss why the move represents the company getting out of its own way, how big the brand is for its business and how they plan to support the brand in the colder months. https://lnkd.in/gYCZAAYT

Popular and controversial social media platform TikTok recently opened advertising on its platform to beverage-alcohol brands in the United States, due in part to its user base aging up. https://lnkd.in/gAVDxTTj

The state-by-state battle to expand sales of ready-to-drink (RTD) cocktails continues as spirits advocates celebrated a win in North Carolina this week. https://lnkd.in/gWgGiK6K

New Belgium will take over production of Kirin Ichiban and Kirin Light in the U.S. when the Japanese lager brand’s contract brewing agreement with Anheuser-Busch InBev (A-B) expires later this year, New Belgium announced today. New Belgium is a subsidiary of Kirin-owned, Australian-based Lion. https://lnkd.in/gAcfVtGD

OK everyone, look classy and put on your nice flannels (and button them all the way up please, Donn) – Margot Robbie is entering our world. Yes, Barbie herself is joining the celebrity spirits gold(schlager) rush with her new PAPA SALT gin brand. https://lnkd.in/gCrFH7SX