Category Archives: Investing

Buffalo Trace Upgrade Budget: $200 Million

Posted on July 13, 2017 by Donna Whitaker

That will pay for new barrel warehouses and to relocate the bottling operation is relocated to make room for distillery expansion with new cookers and fermenters. Already, Buffalo Trace is finishing up the conversion of two former office buildings back … Continue reading →

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Real GNP Rises 1.2%

Posted on May 31, 2017 by Donna Whitaker

Real gross domestic product (GDP) increased at an anemic annual rate of 1.2% in the first quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1%. Profits … Continue reading →

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MillerCoors to Break Ground on $50 Million Expansion In Milwaukee; ABI Plans Announcement Today

Posted on May 15, 2017 by Donna Whitaker

MillerCoors will break ground Friday (5/19) to expand the Tenth Street Brewery near downtown Milwaukee. The expanded facility includes new cellars, a warehouse/pack hall and a brewhouse. It is designed to have the flexibility to serve as an incubator, brew … Continue reading →

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Boston Beer Net Falls 14% in Quarter as Depletions Fall 15%

Posted on April 27, 2017 by Donna Whitaker

Net income for the first quarter was $5.7 million, or 45 cents a share, a decrease of $1.3 million, or 8 cents a share, from the first quarter of 2016.  This decrease was primarily due to decreases in net revenue … Continue reading →

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CBrands Net Soars 45% on 12% Sales Gain, Boosts Payout 30%

Posted on April 6, 2017 by Donna Whitaker

Constellation Brands this morning is reporting a 45% increase in net profit to $1.54 billion, or $7.52 a share, for all of fiscal 2017 as its sales rose 12% to $7.33 billion. It also announced a 30% increase in the … Continue reading →

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Brown-Forman Sees 3-5% Average Growth for Jack Daniel’s Over 10 Years

Posted on December 16, 2016 by Joel Whitaker

What’s next for Jack Daniel’s, a brand family that has shown a 5% average annual growth in shipments over the past 30 years? Brown-Forman’s approach to brand building is “continued thoughtful innovation,” Mark McCallum, EVP/President, Jack Daniel’s Brands, told an … Continue reading →

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