Appalachian Mountain Brewery is a growing player in the
booming craft beer industry. Based in North Carolina, the company produces and
distributes award-winning beer from its brewery and tasting room, as well as
operates a food truck through its FarmToFlame subsidiary. Together, these two
services combine to create a casual dining experience that elegantly balances
innovation and sustainability. Additionally, the company plans to begin selling
hard cider, which will be created from locally-grown North Carolina apples,
through its Appalachian Mountain Cidery subsidiary in the coming weeks.
In recent years, the demand for craft beer has exploded.
According to a report by the Brewers Association, craft beer sales grew by 17.6
percent to $19.6 billion in 2014. As a result of this growth, craft beer
accounted for 11 percent of total beer sales throughout the United States. This
market surge should provide HOPS with an opportunity to record strong financial
results as it continues to expand its distribution network moving forward. In
the first quarter of 2015, the company gave prospective shareholders a preview
of its tremendous market potential when it posted an increase in gross profit
of nearly 12 percent, as compared to the previous quarter.
In March, HOPS took a major step toward continued market
growth when it announced a distribution agreement with Craft Brew Alliance,
Inc. (NASDAQ: BREW), a leading craft brewing company, which will expand the
company’s reach across North Carolina and beyond. By the end of 2015, the
partnership is expected to facilitate the distribution of HOPS’s most popular
brews throughout the Appalachian region.
“[Craft Brew Alliance] has built a phenomenal national
network with its wholesaler partners, and we couldn’t be more excited to become
a part of it as we continue to grow our business,” Sean Spiegelman, chief
executive officer of HOPS, stated in a news release. “Through this agreement,
we expect that [Appalachian Mountain Brewery] beer sales will grow
exponentially as we increase distribution in key regions.”
With its recent efforts toward expanding its distribution
network, HOPS represents an intriguing investment opportunity. Look for the
company to leverage the strong performance of the national craft beer industry
in order to promote continued financial growth and sustainable investor returns
in the months to come.
For more information, visit
www.appalachianmountainbrewery.com
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