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Dogfish Head Keeps the Music Alive, Partners with Grateful Dead to Debut a NEW Collaborative Beer, Grateful Dead Juicy Pale Ale
Newsfilter· 2025-02-11 15:13
Core Insights - Dogfish Head Craft Brewery and Grateful Dead have launched a new collaborative beer, Grateful Dead Juicy Pale Ale, which is now available nationwide in 6-pack/12oz cans [1][2] - The beer has an ABV of 5.3% and is brewed with Kernza® perennial grains, granola, and hops that impart tropical flavors [2][3] - This collaboration marks a continuation of a partnership that began in 2013, celebrating both Dogfish Head's 30th anniversary and Grateful Dead's 60th anniversary in 2025 [3][4] Product Details - Grateful Dead Juicy Pale Ale features tropical notes of pineapple, mango, and passion fruit, creating a refreshing and light-bodied beer [2] - The beer is designed to appeal to a broad audience, including both "Dead Heads" and "Hop Heads" [3][5] Historical Context - The collaboration between Dogfish Head and Grateful Dead has produced several beers over the years, including American Beauty and American Beauty Hazy Ripple IPA [3][4] - The partnership is characterized by a shared commitment to creativity, community, and innovation [5] Launch Event - A launch celebration for Grateful Dead Juicy Pale Ale is scheduled for March 12 at Brooklyn Bowl in Williamsburg, Brooklyn, featuring a live performance by a Grateful Dead cover band [6]
Sun Cruiser Makes a Big Game Play with Regional Ad Buy Amid Rapid Expansion
Globenewswire· 2025-02-05 15:07
Core Insights - Boston Beer Company's Sun Cruiser Iced Tea & Vodka aims to become America's 1 premium hard tea brand, launching a TV commercial during the Big Game [1][2] - The brand is expanding nationally just one year after its regional debut, with the commercial airing in key media markets [2][4] - The company is increasing investment in the brand, including a dedicated sales team and a new product launch, Sun Cruiser Lemonade & Vodka [4][5] Group 1 - Sun Cruiser Iced Tea & Vodka is positioned as a must-have drink for game day celebrations, appealing to football fans [1][7] - The 15-second commercial titled "Let the Good Times Cruise" emphasizes the brand's refreshing and easy-drinking nature [3] - The founder of Boston Beer Company, Jim Koch, highlights the rapid growth of Sun Cruiser, stating that the ad marks a significant moment for the brand [4] Group 2 - The Big Game advertisement is part of a broader media strategy, including national TV and digital advertising to support retail expansion [4] - The company is enhancing its sales force and expanding its brand ambassador program to increase market presence [4] - Sun Cruiser Lemonade & Vodka is being introduced as a new product, featuring a blend of real lemonade and premium vodka, available in various packaging options [5]
Starcore Enters into Share Purchase Agreement to Acquire Cote d'Ivoire Projects
Newsfile· 2025-02-03 07:30
Core Viewpoint - Starcore International Mines Ltd. has entered into a Share Purchase Agreement to acquire K Mining SARL, a private gold exploration company in Côte d'Ivoire, which holds seven gold permit applications covering a total area of 1,393 km², including the Kimoukro Project of 14.47 km² [1]. Agreement Details - The acquisition cost is Cdn$500,000, and the agreement is subject to approval by the ministerial authorities in Côte d'Ivoire. Upon approval, Starcore will issue a Promissory Note to the sole shareholder, SPAM SRL, with an interest rate of 2.0% per annum, maturing in three years [2]. - Additional payments are stipulated in the agreement: - US$500,000 will be paid upon receipt of a NI 43-101 compliant report estimating at least 500,000 ounces of gold or gold equivalent on any exploration permits [3]. - An additional US$500,000 will be paid upon receipt of a preliminary positive feasibility report on any portion of the exploration permits [4]. Strategic Importance - The acquisition will make K Mining a wholly-owned subsidiary of Starcore, enhancing its gold exploration projects in central Côte d'Ivoire. This move is part of Starcore's strategic expansion and diversification aimed at asset building for shareholders [5]. - Starcore is primarily engaged in precious metals production, with a focus on Mexico, and has expanded its operations internationally, including the new project in Côte d'Ivoire. The company emphasizes Corporate Social Responsibility and aims to increase long-term shareholder value [5].
SAM NAZARIAN'S SBE, ALONG WITH PARTNERS MARC ANTHONY AND WYNDHAM HOTELS & RESORTS, ANNOUNCE OPENING OF FIRST LUXURY HQ RESORT & RESIDENCES, AT THE CELEBRATED HODGES BAY RESORT IN ANTIGUA
Prnewswire· 2025-01-27 17:21
Core Insights - HQ Hotels & Residences, in partnership with Wyndham, aims to establish a portfolio of 50 lifestyle hotels and residences by 2031, with 50% of these located in the United States [10] - The debut property, Hodges Bay Resort and Spa, is positioned as a luxury destination in Northern Antigua, featuring unique dining experiences and entertainment options [2][3] - The strategic alliance combines sbe's lifestyle hospitality expertise with Wyndham's extensive resources, targeting modern travelers and loyalty program members [3][10] Company Overview - HQ Hotels & Residences is led by entrepreneur Sam Nazarian and focuses on innovative lifestyle hospitality, aiming to create desirable destinations that cater to evolving traveler needs [11] - The brand will leverage partnerships with renowned chefs and culinary visionaries to offer exclusive dining and nightlife experiences [11] - Wyndham Hotels & Resorts is the largest hotel franchising company globally, with approximately 9,200 hotels and a loyalty program boasting around 112 million enrolled members [12] Property Features - Hodges Bay Resort and Spa spans eight acres of tropical gardens and pristine beaches, offering 79 luxury accommodations, including suites and oceanfront villas [7][9] - The resort will feature acclaimed dining concepts such as Katsuya Beach by Chef Katsuya Uechi and Hecho Libre by Chef Wes Avila, enhancing its culinary offerings [5][6] - XIV Beach Club, known for its exclusivity, will be reimagined at Hodges Bay, providing a unique day and nightlife experience [4] Market Positioning - The partnership aims to elevate Antigua and Barbuda's tourism profile, positioning the region as a premier destination in the Caribbean [3] - HQ Hotels is designed to serve as a "headquarters" for exceptional experiences in urban locations, appealing to a diverse range of travelers [10] - The brand's focus on innovation and cultural elements is expected to attract a new generation of aspirational travelers [3][11]
Boston Beer Stock Hits 6-Year Lows on Downgrade
Schaeffers Investment Research· 2025-01-23 15:45
Group 1 - Boston Beer Company Inc (NYSE:SAM) is experiencing a decline, currently down 2.5% at $243.98, marking a six-year low following a downgrade by Piper Sandler from "overweight" to "neutral" and a price target reduction from $370 to $275 [1] - Piper Sandler's downgrade reflects a broader bearish sentiment, with only one out of 15 analysts maintaining a "buy" rating, while the 12-month consensus price target of $298.69 indicates a 22.4% premium to current levels [2] - The stock has dropped 18.7% year-to-date, with only two days of gains since January 2, and is trading below all significant daily moving averages, facing pressure from the 10-day moving average since mid-December [2] Group 2 - Short interest in Boston Beer Company has decreased by 5.4% over the last two weeks, but the stock has not benefited from this short covering, indicating underlying technical weakness [3]
Should Value Investors Buy The Boston Beer Company (SAM) Stock?
ZACKS· 2025-01-16 15:40
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current ...
Down -15.32% in 4 Weeks, Here's Why Boston Beer (SAM) Looks Ripe for a Turnaround
ZACKS· 2025-01-16 15:35
Boston Beer (SAM) has been on a downward spiral lately with significant selling pressure. After declining 15.3% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...
Boston Beer Progresses Smooth on Brand Strength & Innovation
ZACKS· 2025-01-13 16:11
The Boston Beer Company, Inc. (SAM) has been making strategic initiatives to aid growth. SAM’s consistent focus on pricing, product innovation and growth of non-beer categories, alongside brand development, bodes well.Let’s Analyze SAM’s Strategic EffortsBoston Beer is keen on bringing new excitement to core flavors through innovation. The company expects to improve Truly brand trends through a renewed focus on core business, smart brand innovation and strong distributor support and retail execution. Its Tr ...
Lighten Up! Dogfish Head Flips the Script on New Year's Resolutions, Celebrates New 30 Minute Light IPA on "Quitter's Day" with Beer Money & Other Rewards
Newsfilter· 2025-01-08 15:24
Core Insights - Dogfish Head has launched a new product, the 30 Minute Light IPA, which features a 4.0% ABV, 95 calories, and 3.6g of carbs per 12oz serving, aiming to provide a flavorful yet lighter beer option [1][2] - The 30 Minute Light IPA is the first addition to Dogfish Head's "Minute Series" since 2011, which includes other popular IPAs known for their hoppy flavors [2] - The launch coincides with "Quitter's Day," a day when many abandon their New Year's resolutions, and Dogfish Head is promoting a positive spin on this by celebrating those who give up early [4][5] Product Details - The 30 Minute Light IPA is described as a hoppy, crisp, and easy-drinking beer, achieved through a continual hopping process that Dogfish Head pioneered [3] - The beer is part of a marketing strategy that includes a contest where participants can share their New Year's resolution failures for a chance to win beer money and medals [6][8] Market Context - A survey conducted by Dogfish Head revealed that 80% of Americans abandon their New Year's resolutions by the second Friday in January, highlighting a cultural trend that the company is leveraging for its marketing [4][7] - The survey also indicated that more than half of Americans made resolutions in 2024, but only one in three completed them, with common reasons for failure being lack of motivation and time [7] Collaborative Marketing - Dogfish Head has partnered with Smith Island Baking Company to create a 30 Minute Light IPA-infused cake, available for purchase nationwide, enhancing the celebratory aspect of the product launch [9]
Lighten Up! Dogfish Head Flips the Script on New Year’s Resolutions, Celebrates New 30 Minute Light IPA on “Quitter’s Day” with Beer Money & Other Rewards
Globenewswire· 2025-01-08 15:24
In honor of its newest beer, brewery to celebrate “Quitter’s Day” and reward drinkers who throw in the towel on their New Year’s resolutions early with beer money and medals Dogfish Head Celebrates Quitter's Day 2025 To celebrate the launch of 30 Minute Light IPA – which coincides with New Year’s Resolution season – Dogfish Head is celebrating “Quitters Day” by rewarding fans who give up on their resolutions early with beer money and medals. Dogfish Head's NEW 30 Minute Light IPA Dogfish Head's NEW 30 ...