Craft Brew Alliance's Q3 Could Be Where the Brewer Begins Its Comeback
Craft Brew Alliance (NASDAQ: BREW) investors and Kona Brewing beer drinkers will get an idea of what the future holds when the third-quarter earnings report comes out on Wednesday, Nov. 13, when management will also give an update on its business.
Shares of the Hawaiian-based brewer collapsed after Anheuser-Busch InBev (NYSE: BUD) opted not to buy out the rest of the company it didn't already own, meaning Craft Brew Alliance would have to chart its own course. But with the craft-beer industry mired in slowing growth as beer drinkers have shifted their tastes toward local beer from microbreweries, let's look at where Craft Brew Alliance might end up.
Image source: Kona Brewing.
Source Fool.com