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SABMiller Reports U.S. STRS down 1.2%; Premiums Down Low-Single Digits

FILED JULY 24, 2014 SABMiller chief Alan Clark reported "slower momentum in North America" but continued growth in the high end for their F15 Q1 Trading Update issued today that covered the group's first quarter ended 30 June 2014. Domestic US depletions declined 1.2% in the quarter, while shipments were down 1.7%. The high end was up double digits, despite Tenth and Blake softness, while premium lights and regular brands struggled.
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Glazer's Wants Beer at 1/3 of Portfolio

FILED JULY 23, 2014 Texas-based Glazer's is one to watch as a large, multi-state wine and spirits distributor, with an eye toward growing their beer portfolio to match the other two categories, through both organic growth and acquisitions.
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