Boston Beer Co. tweaking Truly amid hard seltzer downturn


Boston Beer Co. is remaking its Truly hard seltzer by adding real fruit juice, among other moves, as the company continues to react to a hard seltzer market that hasn’t surged as much as the industry expected.

Sales of Truly have dropped 21%, Boston Beer Co. (NYSE: SAM) said in a third-quarter earnings call on Friday.

The company’s hard seltzer struggles aren’t new. A year ago, the company said its sales were “significantly impacted” by what it called an “unexpected rapid slowdown”…

Previous Turkey lovers face challenges at the grocery store this season
Next Mariah Carey's Sandy Springs mansion drops in price as luxury market lags