Wetherspoons calls time on Spanish lager boom with switch to Italian beer [Yahoo! Finance]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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Source: Yahoo! Finance
The pub chain will no longer serve San Miguel once current stocks sell out, replacing it on draught later this month with Angelo Poretti, an Italian beer founded in 1877. Sir Tim Martin, the founder and chairman of JD Wetherspoon, said the decision to change supplier had come after “much thought”, with its long-running contract for San Miguel coming to an end. He said: “Our relationships with beer suppliers are usually very long term. San Miguel and Birra Poretti are both excellent products, so these choices are not easy.” Wetherspoons said it would stock Angelo Poretti for the next 10 years. It means the only Spanish branded beers sold by Wetherspoons will be bottles of Estrella Galicia and Madrí. It comes as pubs seek to keep up with booming demand for world lagers from British drinkers, with Spanish lagers surged in popularity in recent years. Madrí Excepcional, which launched during the pandemic, recently surpassed £100m in annual sales in UK supermarkets. Bosses have c
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TAP
Earnings
- 11/7/24 - Beat
TAP
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 10/18/24 - Form 8-K
- TAP's page on the SEC website