FILED JUNE 30, 2015
Beer Institute has just released May shipment to wholesalers volumes per state. The biggest beer states generally fared well -- in fact, most did better than their year to date trends: For May, California is up 6.3%, Florida is up 4%, New York is down 1.4%, and Texas is barely up, just under 1%. In all, state shipment volumes were down 0.5% for the month, to 18.7 million barrels, and down 1.1% YTD, to 82.3 million barrels.
FILED JUNE 29, 2015
Constellation reports on their Q1 2016 period Wednesday. RBC is forecasting a solid quarter. Especially for beer: their research suggests that Constellation's beer division will "comfortably hit" 7% volume growth. The optimistic calculation defies the recent inclement weather that has impacted California and Texas, which account for 30% of Constellation's beer volume.