Edition:
United Kingdom

Craft Brew Alliance Inc (BREW.OQ)

BREW.OQ on NASDAQ Stock Exchange Global Select Market

12.77USD
7:35pm BST
Change (% chg)

$0.30 (+2.41%)
Prev Close
$12.47
Open
$12.60
Day's High
$12.98
Day's Low
$12.12
Volume
62,953
Avg. Vol
32,196
52-wk High
$19.60
52-wk Low
$12.12

Latest Key Developments (Source: Significant Developments)

Craft Brew Alliance Reports Q1 Adjusted Non-GAAP Loss Per Share $0.19
Wednesday, 8 May 2019 

May 8 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE REPORTS STRONG FIRST QUARTER RESULTS, LED BY 10% SHIPMENT GROWTH FOR KONA AND A 270-BASIS POINT EXPANSION IN TOTAL COMPANY GROSS MARGIN.Q1 GAAP LOSS PER SHARE $0.38.Q1 EARNINGS PER SHARE ESTIMATE $-0.27 -- REFINITIV IBES DATA.Q1 SALES $47 MILLION VERSUS REFINITIV IBES ESTIMATE OF $47.3 MILLION.Q1 ADJUSTED NON-GAAP LOSS PER SHARE $0.19 EXCLUDING ITEMS.CBA RECONFIRMS STRONG OUTLOOK FOR 2019 DESPITE IMPACT OF $4.7 MILLION EXPENSE RELATED TO SETTLEMENT OF KONA CLASS ACTION LAWSUIT.  Full Article

Craft Brew Alliance Files Joint Notice With Plaintiffs Informing Court That Parties Have Reached Agreement In Principle To Settle Litigation
Thursday, 25 Apr 2019 

April 25 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE - ON APRIL 24 FILED JOINT NOTICE WITH PLAINTIFFS INFORMING COURT THAT PARTIES HAVE REACHED AGREEMENT IN PRINCIPLE TO SETTLE LITIGATION.CRAFT BREW ALLIANCE INC - EXPECT TO FILE EXECUTED SETTLEMENT AGREEMENT WITH FULL TERMS AND CONDITIONS OF SETTLEMENT WITH COURT IN NEAR FUTURE.CRAFT BREW - EXPECTS TO RECOGNIZE INCREMENTAL CHARGE OF $4.7 MILLION ON PRE-TAX BASIS IN QUARTER ENDED MARCH 31, 2019, BASED ON CURRENT ESTIMATE OF PROBABLE COSTS OF SETTLING LITIGATION.CRAFT BREW ALLIANCE INC - TOTAL COST OF SETTLING LITIGATION WILL EXCEED CURRENT ESTIMATES.CRAFT BREW ALLIANCE INC - DID NOT PREVIOUSLY INCLUDE ANY POTENTIAL COSTS IN ANTICIPATED FINANCIAL HIGHLIGHTS FOR 2019 PUBLISHED ON MARCH 6, 2019.  Full Article

Craft Brew Alliance Announces Q4 2018 Results
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE ANNOUNCES 2018 RESULTS WITH RECORD BEER PERFORMANCE LED BY 11% DEPLETION GROWTH FOR KONA IN Q4.Q4 LOSS PER SHARE $0.03.Q4 EARNINGS PER SHARE ESTIMATE $0.01 -- REFINITIV IBES DATA.SEES 2019 GROSS MARGIN RATE OF 34.5% TO 36.5%.SEES 2019 CAPITAL EXPENDITURES OF APPROXIMATELY $15 MILLION TO $19 MILLION.QTRLY SALES $46.3 MILLION VERSUS $48.5 MILLION.QTRLY NET SALES ABOUT $44 MILLION VERSUS ABOUT $45 MILLION.  Full Article

Craft Brew Alliance Reports Q3 Sales $52.9 Million
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE ANNOUNCES ACCELERATED 9% DEPLETIONS GROWTH FOR KONA IN THE THIRD QUARTER AND HIGHLIGHTS SUCCESSFUL EXPANSION OF PORTFOLIO WITH ACQUISITION OF THREE REGIONAL CRAFT BRANDS.Q3 EARNINGS PER SHARE $0.00.Q3 SALES $52.9 MILLION VERSUS I/B/E/S VIEW $58 MILLION.Q3 EARNINGS PER SHARE VIEW $0.13 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 CAPITAL EXPENDITURES OF $16 MILLION TO $17 MILLION.  Full Article

Craft Brew Alliance Reports Q4 Adjusted Earnings Per Share $0.05
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE REPORTS RECORD PERFORMANCE IN 2017 AND EXPECTS CONTINUED IMPROVEMENTS IN 2018.Q4 EARNINGS PER SHARE $0.40.Q4 ADJUSTED EARNINGS PER SHARE $0.05.SAYS ‍CONFIRMING FINANCIAL GUIDANCE FOR 2018​.QTRLY SHIPMENTS DECREASED 5.6% OVER THE SAME PERIOD LAST YEAR.QTRLY ‍NET SALES WERE $46.0 MILLION AND FLAT COMPARED TO Q4 IN 2016​.CRAFT BREW ALLIANCE - DUE TO TAX LAW CHANGE, ADJUSTED QTRLY DEFERRED TAX LIABILITIES, RESULTING IN FAVORABLE INCOME TAX ADJUSTMENT OF $6.9 MILLION.Q4 EARNINGS PER SHARE VIEW $0.04, REVENUE VIEW $46.3 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Craft Brew Alliance Says ‍Entered Into Contract Brewing Agreement With Anheuser-Busch Companies, An Affiliate Of Anheuser-Busch LLC​
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Anheuser Busch Inbev Nv ::CRAFT BREW ALLIANCE INC SAYS ‍ENTERED INTO CONTRACT BREWING AGREEMENT WITH ANHEUSER-BUSCH COMPANIES, AN AFFILIATE OF ANHEUSER-BUSCH, LLC - SEC FILING​.CRAFT BREW ALLIANCE - PURSUANT TO AGREEMENT,CO WILL BREW, PACKAGE, PALLETIZE CERTAIN MALT BEVERAGE PRODUCTS OF ANHEUSER-BUSCH'S CRAFT BREWERIES ‍​.CRAFT BREW ALLIANCE INC - ‍UNDER TERMS OF BREWING AGREEMENT, ANHEUSER-BUSCH COMPANIES​ TO PAY CO PER BARREL FEE THAT VARIES BASED ON CERTAIN TERMS.  Full Article

Craft Brew Alliance Announces Q4 Earnings Per Share $0.40
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE ANNOUNCES STRONG PRELIMINARY 2017 FINANCIAL RESULTS AND GUIDANCE FOR 2018.Q4 EARNINGS PER SHARE $0.40.Q4 ADJUSTED EARNINGS PER SHARE $0.05.SEES 2018 CAPITAL EXPENDITURES OF APPROXIMATELY $16 MILLION TO $19 MILLION.SEES 2018 ‍GROSS MARGIN RATE OF 32.0% TO 35.0%​.Q4 EARNINGS PER SHARE VIEW $0.05 -- THOMSON REUTERS I/B/E/S.  Full Article

Craft Brew Alliance Enters Agreement To Sell Woodinville Property For $24.5 Million
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE ENTERS AGREEMENT TO SELL WOODINVILLE PROPERTY FOR $24.5 MILLION.SAYS ‍ENTERED INTO AGREEMENT TO SELL ITS WOODINVILLE, WASHINGTON FACILITY TO SOUND COMMERCIAL INVESTMENT HOLDINGS, LLC FOR $24.5 MILLION​.SAYS SEES NEGATIVE IMPACT OF $0.02 TO $0.03 ON 2017 EPS AS A RESULT OF COSTS RELATED TO SALE.  Full Article

Craft Brew Alliance reports third quarter EPS of $0.09
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Craft Brew Alliance Inc :Craft Brew Alliance reports third quarter results; kona depletions up 9% in third quarter and 10% year to date.Q3 earnings per share $0.09.Sees FY revenue up 3.5 to 5 percent.Q3 sales $56.6 million versus i/b/e/s view $57.2 million.Q3 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.For FY 2017, capital expenditure range has been narrowed and is expected to be approximately $18 million to $20 million​.  Full Article

Kona beer settlement in U.S. offers partial refunds over 'Hawaii' claims

May 30 The maker of Kona beer agreed to offer partial refunds to settle a lawsuit claiming it misled consumers in the continental United States into believing the craft brew was actually made in Hawaii, causing them to overpay.