The craft segment’s dollar sales and volume declines have accelerated to start the second quarter, traditionally the lead-up to beer’s all important summer selling season, according to the most recent off-premise report from market research firm Circana. In the L4W through April 20, craft’s dollar sales and volume, measured in case sales, declined 6.3% and 7.2%, respectively, at multi-outlet grocery, mass retail and convenience stores (MULO+C). Those metrics mark an acceleration from the segment’s YTD trends, down 4.9% and 6%, respectively. Losses were most acute in grocery, where craft over-indexes (No. 3 segment overall behind domestic premium and import) compared to c-stores (No. 6 segment overall). In grocery stores, craft’s dollar sales declines accelerated to 7.8% in the L4W (versus -6% YTD) and volume losses accelerated to 8.1% (versus -6.8% YTD). Insiders can read more about how the top 30 craft brands fared and check out which brands broke through in grocery and c-stores. |