Seeking Alpha

If your keep your customers supplied with quality craft beers they keep coming back, according...

If your keep your customers supplied with quality craft beers they keep coming back, according to restaurant industry research. That could be the logic behind the acquisition of Yard House by Darden Restaurants (DRI -0.9%) or the master plan of Red Robin Gourmet Burgers (RRGB -0.6%) with its new beer milkshakes. The data also suggests a bigger beer menu adds to sales, with 36% of consumers saying they want to try a new brand. As for that trend cutting into sales at industry giant Anheuser-Busch (BUD +0.4%) the brewer has some new indy-sounding beers launching of its own.
Comments (3)
  • Swass
    , contributor
    Comments (419) | Send Message
     
    You mean people like good beer?
    20 Sep 2012, 03:42 PM Reply Like
  • Tricky
    , contributor
    Comments (1583) | Send Message
     
    "beer milkshake"? hmm, interesting. throw in bacon and you'd have a winner!
    20 Sep 2012, 03:43 PM Reply Like
  • Cliff Wachtel
    , contributor
    Comments (1773) | Send Message
     
    finally, some really positive news - survey rings true-selection of quality on tap is high priority in my house
    20 Sep 2012, 04:59 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|