This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Drinks Americas (OTC: DKAM) Issues Industry And Company Update

Stock quotes in this article: DKAM

LOS ANGELES, Feb. 13, 2014 /PRNewswire/ -- Drinks Americas (OTC: DKAM; "Drinks Americas" or the "Company"), the exclusive United States broker for leading premium authentic Mexican beers currently present in over 32 states, today issued an industry and company update, commenting on market and sector growth, business progress made in 2013, and growth plans for 2014.  

(Logo: http://photos.prnewswire.com/prnh/20131203/NY26893)

Craft brewing niche, over the past few years, has made tremendous strides in securing an increasingly competitive and lasting position within the nation's beer market. According to the Industry, the 2012 growth of the craft brewing industry was recorded at 15% by volume and 17% by dollars, compared to 2011 growth of 13% by volume and 15% by dollars. Overall U.S. beer sales and imported beer sales were up an estimated 0.9% and 1.0% by volume in 2012, respectively.  2012 craft brewing sales represented 6.5% by volume and 10.2% by dollars. Craft brewer retail dollar value in 2012 was an estimated $11.9 billion.

While the Pacific Northwest and California have been the first to welcome and support craft brewing, the craze is catching on across the nation, in towns big and small. Drinks Americas is the first and exclusive provider of authentic Mexican craft beer to this budding and thirsty market. Recently its Day of the Dead craft beer line was featured on the cover of top travel and culinary magazine SAVUER and listed in the Top 100 of the hottest worldwide brands.

In the past six months, the Company has focused its investment and sales efforts into introducing its premium authentic Mexican Day of the Dead craft beer line to this emerging U.S. market. In the last six months, the Company effectively penetrated 32 markets/states and achieved 20% market penetration. With 60,000 cases of Day of the Dead sold in the second half of 2013, Drinks Americas expects to sell 180,000 cases in 2014.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,720.39 -84.32 -0.50%
S&P 500 1,934.43 -11.73 -0.60%
NASDAQ 4,390.1970 -31.8880 -0.72%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs