Friday, July 17, 2015

Appalachian Mountain Brewery, Inc. (HOPS) Capitalizing on Rapid Growth of Craft Beer Industry

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

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.


Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

No comments: