What We’re Reading: Diageo Profit Soars, A Craft Chemist Making Over Big Bear, Junipero Gin, Liquor Stors NA Ltd About To Put More Money In Your Pocket
Diageo Profit Soars, Bolstered by U.S., 1/31/2013 – Wall Street Journal
LONDON—Diageo PLC is making headway in the U.S. market by raising prices across its portfolio of liquors, a move that has helped the London-based spirits maker offset its beleaguered business across Southern Europe. The maker of Johnnie Walker scotch, Smirnoff vodka and Guinness stout began raising prices last May in the U.S., its biggest and most profitable market. The push continued into the latter half of the year, with the company boosting its U.S. prices by 2% to 3%. Read more!
A Craft Chemist Making Over Big Beer, 1/25/2013 – Wall Street Journal
Rebecca Reid makes small batches of beer for the world’s largest brewer in search of the next big thing as brewmaster at Anheuser-Busch InBev’s ABI.BT +4.18% pilot brewery in St. Louis, the 29-year-old chemical engineer experiments with new beers in a scaled-down replica of the main brewery next door. Each batch of beer is just 10 barrels, barely a drop in the bucket for a company that ships 100 million barrels in the U.S. each year. Almost all of the 500 recipes she and her team brew each year never make it out of the building. But Ms. Reid’s efforts are increasingly critical for Anheuser-Busch, which has watched a growing number of Americans drop its giant domestic brands such as Budweiser, Bud Light and Michelob in favor of small “craft” beers sprouting across the country. In recent years, other types of alcohol such as liquor and cider also have swiped restless U.S. beer drinkers. Anheuser-Busch’s beer shipments in the U.S. rose 0.6% last year but its share of the U.S. beer market dipped to 46.3% from 46.8%, estimates Beer Marketer’s Insights, a trade publication and data provider. Read more!
Junipero Gin By Anchor Distilling Company Is Getting Us Through Winter, 1/31/2013 – Huffington Post
We know it’s wintertime. We know that gin cocktails are generally meant to be harbingers of spring and summer. But it’s always around this time of winter that we like to just go ahead and pretend like spring is right around the corner. With that in mind, let’s talk about Junipero gin.
Junipero is made by the Anchor Distilling Company out of San Francisco, and they call it “San Francisco’s original craft gin.” First introduced in 1996, Junipero is — to put it plainly — a bit like gin on steroids. This stuff is high proof (at 49.3% it is nearly 100 proof), high flavor and high intensity. We love it, in case that wasn’t clear. If you’ve tried gin and thought, “I don’t like how it tastes like a Christmas tree,” Junipero is probably not for you. If you prefer your martinis to be made with gin, however, and have begun to fall in love with the herbaceous, bracing quality of the spirit, this is your logical next step. Read more!
Liquor Stores NA Ltd About To Put More Money In Your Pocket, 1/25/2013 – Forbes
On 1/29/13, Liquor Stores NA Ltd (Toronto: LIQ) will trade ex-dividend, for its monthly dividend of $0.09, payable on 2/15/13. As a percentage of LIQ’s recent stock price of $19.23, this dividend works out to approximately 0.47%. Read more!