U.S. sales trends positive for BUD and TAP, worrisome for SAM

|By:, SA News Editor

Beer sales in the U.S. have improved over the last 12 weeks, updates Susquehanna analyst Pablo Zuanic.

IRI scanner data indicates that volume rose 1% during the 4-week period ending November 20 to mark the fastest pace of growth seen since November. Volume fell 0.1% in Q3 and was up 0.7% in Q2.

Zuanic says trends improved for Anheuser-Busch InBev (NYSE:BUD) and MillerCoors (NYSE:TAP), but volumes remained down mid-single digits for Boston Beer (NYSE:SAM).

"Sam Adams volumes worsened further, while Twisted Tea improved, and Angry Orchard declines slowed," writes Zuanic.