1812 Brewing Company Inc.
OOTC:KEGSD2.41
USD
+0.41
(+20.30%)
ISIN
US6823283071
CUSIP
682328307
Return %
Stock
S&P 500
1Y
-98.64
14.39
3Y
-100.00
81.42
5Y
-100.00
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Thomas W. Scozzafava
- Sector
- Finance
- Industry
- Investment managers
- Address
- Watertown United States
- Website
- goldmedalbeer.com
- Similar Companies
- Business
- 1812 Brewing Company, Inc. is an operator and investor in the craft beverage and hospitality industry, specializing in the brewing, packaging, marketing, and distribution of craft beers as well as the management of hospitality properties. Founded in 1989 and headquartered in Watertown, New York, the company traces its brewing heritage to Sackets Harbor Brewing Company and serves commercial retail, wholesale, and direct-to-consumer markets. The company manufactures and sells a diversified portfolio of proprietary craft beers, comprising its flagship War of 1812 Amber Ale; Thousand Islands IPA; Wolves Den Cream Ale; Helles Bells Lager; Route 11 Lager; Malicious Intent Double IPA; Railroad Red Ale; St. Stephens Stout; Third Rail Porter; FeatherHammer Maibock; Hazy Oasis Pale Ale; and 1812 Light. In addition to beverage manufacturing, the company provides full-service restaurant, pub, and event hospitality operations; contract brewing and private labeling services; wholesale beverage distribution to licensed retailers, bars, and restaurants across New York and Florida; international retail distribution through The Beer Store network in Ontario, Canada; and direct-to-consumer e-commerce sales and shipping. In recent developments, 1812 Brewing Company expanded its operational and physical footprint through the definitive agreement and acquisition of the assets of Maggie's on the River, a prominent restaurant and venue located in Watertown, New York. To optimize its balance sheet and streamline its capital structure, the company completed significant debt reorganization actions, including the full elimination of its outstanding convertible debt obligations and the exit from dilutive Section 3(a)(10) financing agreements. Additionally, the company executed corporate restructuring measures, including a reverse stock split accompanied by temporary trading under the OTC ticker KEGSD before transitioning back to KEGS, alongside continued expansion of its direct-to-consumer retail channels and regional wholesale distribution networks.