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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Craft Brew Alliance, Inc.    BREW

CRAFT BREW ALLIANCE, INC.

(BREW)
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Craft Brew Alliance : Omission Brewing Co. Expands Portfolio with New All-Natural Hard Seltzers

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10/01/2019 | 09:32am EST

Omission’s latest innovation is made with only four all-natural ingredients and zero sugar for a clean, crisp flavor

Omission Brewing Company, the leading beer brand in the gluten-removed food and beverage category, announces its newest innovation, a line of all-natural hard seltzers. Launching with four distinct flavors – Pomegranate-Blueberry-Acai, Orange Twist, Lime, and Grapefruit – the seltzers enhance Omission’s better-for-you portfolio, which includes the 99-calorie, 3-carb Ultimate Light Golden Ale, as the perfect go-to for all drinking occasions while supporting fans on their journey to a well-balanced life. Featuring a clean, streamlined design, the new seltzers are available nationally in 12-ounce cans, offered in a 12-pack Variety Pack and Pomegranate-Blueberry-Acai 6-pack.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191001005299/en/

Omission launches new all-natural hard seltzers (Photo: Business Wire)

Omission launches new all-natural hard seltzers (Photo: Business Wire)

“It’s no secret that there’s a serious seltzer craze happening right now, and we didn’t want to simply throw another product at consumers. At Omission, we believed there was an opportunity to offer something that not only tastes amazing but also leaves you feeling just as great,” said Omission Brand Manager Ashley Picerno. “With only four all-natural ingredients and no added sugar, Omission seltzers deliver a refreshingly clean, low-calorie option and are the perfect complement to our portfolio, which is designed to be an easy choice for people who are mindful about what they consume.”

Omission Hard Seltzers are made with carbonated filtered water, alcohol from organic cane sugar, hops, and natural fruit flavors – and zero added sugar – for a clean, refreshing taste. At one carb, 90 calories, and 4% ABV, the seltzers are also a delicious accompaniment to those pursuing a more healthy, active lifestyle.

Added Picerno, “We’ve been introducing the seltzers to consumers across the country, and the feedback has been amazing,” added Picerno. “Folks will sample one of the flavors and then come back to try the entire line!”

For more information on Omission Brewing Co., visit DrinkOmission.com. Stay up to date on all things Omission and follow @DrinkOmission on Facebook and Instagram.

About Omission Brewing Co.

Founded in 2012, Omission Brewing Co. is the first alcoholic beverage brand in the U.S. to focus exclusively on great tasting adult beverage that partner with a wellness lifestyle. Our beers are brewed with traditional beer ingredients and are specially crafted to remove gluten, while the hard seltzers are naturally gluten free with only four all-natural ingredients. Omission’s lineup of adult beverages is the most awarded within the gluten reduced segment, and includes Omission Ultimate Light Golden Ale, IPA, Pale Ale, Lager, and the new Omission Hard Seltzers.

Government Disclaimer: Beer fermented from barley, a grain containing gluten, and crafted to remove gluten. The gluten content of this beer cannot be verified, and this beer may contain gluten.


© Business Wire 2019
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Financials (USD)
Sales 2019 204 M
EBIT 2019 -9,03 M
Net income 2019 -6,58 M
Debt 2019 32,0 M
Yield 2019 -
P/E ratio 2019 -47,5x
P/E ratio 2020 61,3x
EV / Sales2019 1,70x
EV / Sales2020 1,55x
Capitalization 315 M
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Technical analysis trends CRAFT BREW ALLIANCE, INC.
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 16,38  $
Last Close Price 16,14  $
Spread / Highest target 2,23%
Spread / Average Target 1,46%
Spread / Lowest Target -0,87%
EPS Revisions
Managers
NameTitle
Andrew J. Thomas Chief Executive Officer
David R. Lord Chairman
J. Scott Mennen Chief Operating Officer & Vice President
Christine Perich Treasurer, EVP, Chief Financial & Strategy Officer
Kevin R. Kelly Independent Director
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