Beer Infinity Beer, Brewing & Beyond
Welcome to our first News article, this section on the Beer Infinity website aims to highlight the latest top stories from around the Craft Beer and Commercial plus Home Brewing world together with any out-of-the-ordinary or controversial happenings related to Beer. Below are some of this week’s highlights…
US halting German beer decline – although German beer is regarded by many as some of the best quality beer in the world and is steeped in tradition going right back to 1040 with Weihenstephaner, it might surprise some people to find out that German beer sales have been on the decline for some time now. US Craft Beer producers such as Firestone Walker Brewing Company are exporting their wares to Germany. It would seem that the Reinheitsgebot purity laws can be set aside in order to experience new styles and often higher strength beers. To find out more check out these articles:
- American beers invading Germany (Charleston Daily Mail)
- In Germany, a U.S. beer invasion (The Washington Post)
Sam Adams takes a plunge – a number of major news sources have reported the sudden fall in shares of the largest Craft Beer producer in the USA, Boston Beer Company, which trades on the NASDAQ. Their shares fell almost 11% on Thursday May 2, 2013 following reports that earnings had fallen short of analysts predictions in Q1. Although the drop in earnings per share was closer to 9%, the markets hit the Boston-based producer by a double-figure drop in share value. The company cites a number of reasons for the current situation including higher than expected spend on marketing & advertising, competition from the Macro breweries, and also the well documented growth in new craft breweries currently opening. Further details can be found in the following articles:
- Boston Beer Co. (SAM) Is Losing Ground After Q1 Miss (NASDAQ.com)
- Boston Beer weighed down by expenses in Q1 (NBC News)
- Boston Beer shares fall 10% (The Buzz)
- Boston Beer Reports First Quarter 2013 Results (The Wall Street Journal)
US National Homebrew Day – the American Homebrewers Association (AHA) Big Brew Day is on May 4 and aims to encourage Homebrewers within the US and around the world to share their passion
with family, friends, neighbours etc. The AHA site has information about organized events by local clubs and recipe ideas to help stimulate what has become a growing annual tradition amongst the home brewing community. If you are interested in organizing or participating in an event on May 4 then check out the AHA site below, or if you want to find out more on the subject through the eyes of a homebrewer then see the Epoch Times article:
- Big Brew for National Homebrew Day (AHA)
- Big Brew for National Homebrew Day (Epoch Times)
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