(Ukiah, CA) – One of the top 50 breweries (in size) in the U.S. reported its Q3 earnings today.
Here are a couple excerpts from today’s SEC filing with respect to domestic earnings. As reported earlier with CBA, brand growth is below that of peers in the industry though, to be fair, these brands are much more mature in age than most others.
Q3 performance: Our net sales for the third quarter of fiscal year 2010 were $4,293,300 compared to $3,758,700 for the corresponding period in 2009, an increase of $534,600, or 14.2%. Our total sales volume increased to 21,600 barrels in the third quarter of 2010 from 18,500 barrels in the third quarter of 2009 for a net increase of 3,100 barrels, or 16.8%. Sales of contract brands brewed by us for third parties increased by 2,500 barrels or 68%, sales volume of the Kingfisher brand increased by 100 barrels or 2.9% and that sales of our own brands increased by 500 barrels or 4.2%.
YTD performance: Our domestic net sales for the first nine months of fiscal year 2010 were $11,500,900 compared to $11,184,900 for the corresponding period in 2009, an increase of $316,000 or 2.8%. Domestic sales volume increased to 57,800 barrels during the first nine months of the year 2010 representing an increase of 1,900 barrels or 3.4% compared to sales volume of 55,900 barrels in the first nine months of 2009. Sales of our brands increased by 1,000 barrels or 2.7%, sales of the Kingfisher brand increased by 200 barrels or 3.1% and sales of contract brands which we brew for third parties increased by 700 barrels or 5.6% during the first nine months of fiscal year 2010 compared to the corresponding period in 2009.