Inactive Instrument

Craft Brew Alliance, Inc.

BREW

US2241221017

Craft Brew Alliance, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019

November 12, 2019 at 09:49 pm

Craft Brew Alliance, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 47.161 million compared to USD 52.889 million a year ago. Operating loss was USD 3.161 million compared to USD 13,000 a year ago. Net loss was USD 1.224 million compared to net income of USD 61,000 a year ago. Basic loss per share was USD 0.06 compared to Basic EPS of USD 0 a year ago. For the nine months, total revenue was USD 154.712 million compared to USD 162.199 million a year ago. Operating loss was USD 8.637 million compared to operating Income of USD 6.580 million a year ago. Net loss was USD 5.978 million compared to net income of USD 4.674 million a year ago. Basic loss per share was USD 0.31 compared to basic earnings per share of USD 0.24 a year ago.

Latest news about Craft Brew Alliance, Inc.

Tilray Beverage, LLC completed the acquisition of Eight beer and beverage brands and related assets of Anheuser-Busch Companies, LLC from Craft USA Holdings, LLC, Anheuser-Busch Companies, LLC, Anheuser-Busch, LLC and Craft Brew Alliance, Inc. for $83.4 million.	28/09/23	CI
Tilray Beverage, LLC entered into a securities and asset purchase agreement to acquire Eight beer and beverage brands and related assets of Anheuser-Busch Companies, LLC from Craft USA Holdings, LLC, Anheuser-Busch Companies, LLC, Anheuser-Busch, LLC and Craft Brew Alliance, Inc. for $85 million.	06/08/23	CI
PV Brewing Partners completed the acquisition of Kona Brewing Co., Inc. from Craft Brew Alliance, Inc..	05/10/20	CI
Craft Brew Alliance, Inc.(NasdaqGS:BREW) dropped from S&P Global BMI Index	01/10/20	CI
Craft Brew Alliance, Inc.(NasdaqGS:BREW) dropped from S&P TMI Index	01/10/20	CI
Craft Brew Alliance, Inc. Announces Executive Changes	30/09/20	CI
Craft Brew Alliance, Inc. Announces Resignation of Andrew J. Thomas as Chief Executive Officer	30/09/20	CI
Craft Brew Alliance and Anheuser-Busch Finalize Expanded Partnership	30/09/20	CI
Anheuser-Busch Companies, LLC completed the acquisition of remaining 68.9% stake in Craft Brew Alliance, Inc..	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2500 Value Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2500 Growth Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 3000 Growth Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2000 Value Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2500 Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 3000 Value Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell Small Cap Completeness Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2000 Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 3000 Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell Small Cap Comp Value Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell Small Cap Comp Growth Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2000 Growth Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2000 Value-Dynamic Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2500 Growth-Dynamic Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2500 Value-Dynamic Index	29/09/20	CI
Craft Brew Alliance, Inc.(NasdaqGM:BREW) dropped from Russell 2500 Dynamic Index	29/09/20	CI

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Company Profile

Craft Brew Alliance, Inc. is a craft brewing company that is engaged in brewing, branding and bringing to market American craft beers. The Company operates through two segments: Beer Related operations, which include the brewing operations and related domestic and international beer and cider sales of its Kona, Widmer Brothers, Redhook and Omission beer brands, and Square Mile cider brand, and Pubs operations, which include its approximately five pubs, over four of which are located adjacent to its Beer Related operations, as well as other merchandise sales, and sales of its beers directly to customers. The Company's portfolio of brands includes the Kona Brewing Company, Widmer Brothers Brewing, Redhook Brewery, Omission Beer and Square Mile Cider Company brand families, along with partner brands Appalachian Mountain Brewery, Cisco Brewers and Resignation Brewery. Its brews its beers using hops, malted barley, wheat, rye and other natural traditional and nontraditional ingredients.

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