Total bev-alc sales in off-premise channels (multi-outlet plus convenience) declined -4% week-over-week (WoW) in the week ending July 9, which included the July 4 holiday, according to Circana analyst Scott Scanlon. However, year-over-year (YoY) trends were positive, with dollar sales (+8.4) and volume (+3.6%) improving versus the same week in 2022. Beer recorded “significant” growth in the week, increasing dollar sales +8.3% and volume +3.3% YoY. One week past the extended holiday weekend, beer is “still displaying growth, primarily due to Mexican beer,” Scanlon wrote in his latest report, released late Monday. - Last 52 weeks, beer dollar sales +3.1% YoY, above total bev-alc’s performance in the period (+2.8%);
- However, beer volume declined -2.9%, marking a larger volume loss than total bev-alc (-2.6%);
Insiders can dive deeper into the report and brand specific performances, as well as the latest numbers for ready-to-drink canned cocktails and hard seltzers. |