Weekly Beverage Alcohol Recap | December 26, 2025

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Bourbon enters a normalization phase as Jim Beam pauses distilling in 2026 amid record barrel inventories

Major suppliers shift to margin protection and inventory management over capacity expansion

Constellation Brands expected to hold earnings despite beer depletions near -4%

U.S. consumers still spend big on alcohol, but value and occasion-based trade-offs are accelerating

RTDs dominate growth both on- and off-premise; NA beer emerges as a quiet winner

Wine DTC volumes slide hard, but ultra-premium Cabernet remains resilient

New York supermarket wine proposals and cannabis competition raise route-to-market risk

Kroger and Instacart developments highlight rising stakes in e-commerce economics and transparency

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