• Despite Continued Kona Growth, CBA Depletions Decline in Q3

    11 days ago - By Brewbound

    The continued acceleration of Kona beer sales during the third quarter couldn't offset company-wide shipment and depletion declines of other Craft Brew Alliance offerings, the Portland, Oregon-headquartered company reported today.
    In Q3, Kona depletions increased 9 percent as the brand grew in both off- and on-premise channels. The depletion growth followed increases of 7 percent and 3 percent in the second and first quarters of the year, respectively.
    However, portfolio-wide sales of CBA products declined 6.6 percent in the third quarter due to lower shipment volume. The company's...
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