Craft Brew Alliance, Inc. provided earnings guidance for the full year 2012 and 2013. For the year 2012, the company expects diluted earnings per share (EPS) of $0.13 versus 2011 EPS of $0.51; 2011 EPS included the one-time gain on sale of equity interest in Fulton Street Brewery of $0.34 per share. Capital expenditures of approximately $8.8 million, reflecting continued investments in capacity, efficiency and quality initiatives. The company expects sales growth of 13%. The company expects gross margin rate of 29.6%.

For the year 2013, the company expects capital expenditures of approximately $11 million to $13 million. The company expects gross margin rate of 28.5% to 30.5%.