2020 alcohol trends and holiday preview - wine and …...q-4 2019 q-1 2020 q-2 2020 q-3 2020 total...

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2020 ALCOHOL TRENDS AND HOLIDAY PREVIEW WEDNESDAY, NOVEMBER 18, 2020

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  • 2020 ALCOHOL TRENDS AND HOLIDAY PREVIEW

    WEDNESDAY, NOVEMBER 18, 2020

  • MICHELLE KORSMOPRESIDENT AND CEO

  • DALE STRATTONANALYST

    SLY COSMOPOULOSDIRECTOR OF BEVERAGE

    MARKETING

  • SPIRITS AND WINE CONTINUE TO GAIN MOMENTUM

    12 Month Rolling % Change vs. LY

    -0.2% -0.3% -0.6%

    0.5% 0.5% 0.4%1.0%

    1.7% 2.0%2.4%

    3.1% 2.9% 2.6%3.2% 3.0% 2.9%

    3.3%

    4.3% 4.6%5.3%

    -2.6% -2.9% -3.1%

    -1.7% -1.5% -1.6%-0.9%

    -0.4% -0.1%

    0.1%

    -4.0%

    -3.0%

    -2.0%

    -1.0%

    0.0%

    1.0%

    2.0%

    3.0%

    4.0%

    5.0%

    6.0%

    Dec Jan Feb Mar Apr May Jun Jul Aug Sep

    Total Spirits Wine

  • 3.2% 3.3%5.3%

    4.4%

    9.0%

    13.6%

    2.3%

    -2.2%

    -21.6%

    -31.4%-35.0%

    -30.0%

    -25.0%

    -20.0%

    -15.0%

    -10.0%

    -5.0%

    0.0%

    5.0%

    10.0%

    15.0%

    20.0%

    Q-4 2019 Q-1 2020 Q-2 2020 Q-3 2020

    Total Spirits Spirits Off Spirits On

    -1.7% -0.9%0.1%

    -0.9%

    3.2%6.1%

    -2.1%

    -6.3%

    -25.1%

    -35.8%

    -40.0%

    -35.0%

    -30.0%

    -25.0%

    -20.0%

    -15.0%

    -10.0%

    -5.0%

    0.0%

    5.0%

    10.0%

    Q-4 2019 Q-1 2020 Q-2 2020 Q-3 2020

    Total Wine Wine Off Wine On

    Spirits Wine

    THE IMPACT OF SHELTER IN PLACE EVIDENT IN ON-PREMISE TRENDS

    12 Month Rolling % Change vs. LY

  • 6

    THE CONSUMER ISN’T READY!

  • SPIRITS SHARE BY PREMISE

    Month Rolling % Change vs. LY & Internal Projections

    18.6% 18.6% 18.6% 17.8% 16.2% 15.0% 14.2% 13.3% 12.6% 12.1% 11.4% 10.6% 9.8%0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec

    On-Premise Off-Premise

    2020 Projected2020 Actual

  • WINE SHARE BY PREMISE

    12 Month Rolling % Change vs. LY & Internal Projections

    14.8% 14.8% 14.8% 14.0% 12.6% 11.6% 10.9% 10.2% 9.7% 9.2% 8.5% 8.0% 7.4%0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec

    On-Premise Off-Premise

    2020 Projected2020 Actual

  • REGIONAL DIFFERENCES EVIDENT

    12-Month Rolling On-Premise Percentage Point Change From Previous Month Wine & Spirits Combined

    -10.0%

    -9.0%

    -8.0%

    -7.0%

    -6.0%

    -5.0%

    -4.0%

    -3.0%

    -2.0%

    -1.0%

    0.0%

    March April May June July August September

    West Midwest Northeast South

    September EndingWest -36.6%Midwest -32.4%Northeast -38.5%South -29.3%

    -3.3% to -4.3%

    -1.6% to -3.5%

    -7.8% to -8.5%

    -2.8% to -6.3%

    -3.0% to -4.6%-3.2% to -4.8%

    -6.0% to -9.4%

  • 12 Month Rolling September 2020 Ending

    SPIRITS BY CLASS

    1.1%

    7.0% 8.6%

    2.5% 0.8%

    3.4%

    14.7%

    45.8%

    0.3% -1.8% -4.5%

    -10.0%

    0.0%

    10.0%

    20.0%

    30.0%

    40.0%

    50.0%

    0.0%

    5.0%

    10.0%

    15.0%

    20.0%

    25.0%

    30.0%

    35.0%

    VODK

    A

    US W

    HISK

    EY

    TEQU

    ILA RUM

    CORD

    IALS

    CANA

    DIAN

    BRAN

    DY/C

    OGNA

    C

    COCK

    TAILS GI

    N

    SCOT

    CH IRISH

    Share Trend

  • 12 Month Rolling September 2020 Ending

    SPIRITS BY CLASS ON-PREMISE ONLY

    -34.3%

    -24.8%

    -28.0%

    -33.9% -32.7%

    -30.4%

    -35.7%

    -40.1%

    -22.3%

    -39.0%

    -11.7%

    -45.0%

    -40.0%

    -35.0%

    -30.0%

    -25.0%

    -20.0%

    -15.0%

    -10.0%

    -5.0%

    0.0%

    0.0%

    5.0%

    10.0%

    15.0%

    20.0%

    25.0%

    30.0%

    35.0%

    VODK

    A

    TEQU

    ILA

    CORD

    IALS

    WHI

    SKEY

    - US

    RUM

    CANA

    DIAN IR

    ISH GIN

    BRAN

    DY/C

    OGNA

    C

    SCOT

    CH

    COCK

    TAILS

    Share Trend

    +2+1

    +4+1

  • 12 Month Rolling September 2020 Ending

    ON-PREMISE SHARE CHANGE SINCE FEBRUARY

    -1.2%

    1.1%

    0.7%

    -0.4%

    -0.2%

    0.3%

    -0.2%

    -0.5%

    0.3%

    -0.2%

    0.2%

    VODKA

    TEQUILA

    CORDIALS

    WHISKEY - US

    RUM

    CANADIAN

    IRISH

    GIN

    BRANDY/COGNAC

    SCOTCH

    COCKTAILS

  • 12 Month Rolling February 2020 Ending

    SPIRITS BY CLASS ON-PREMISE ONLY PRE COVID

    1.2%

    8.6%

    1.1%2.5%

    -0.2%

    -3.7%

    1.6%

    0.1%

    1.8%

    -5.1%

    8.1%

    -6.0%

    -4.0%

    -2.0%

    0.0%

    2.0%

    4.0%

    6.0%

    8.0%

    10.0%

    0.0%

    5.0%

    10.0%

    15.0%

    20.0%

    25.0%

    30.0%

    35.0%

    VODK

    A

    TEQU

    ILA

    CORD

    IALS

    WHI

    SKEY

    - US

    RUM

    CANA

    DIAN IR

    ISH GIN

    BRAN

    DY/C

    OGNA

    C

    SCOT

    CH

    COCK

    TAILS

    Share Trend

  • WINE BY VARIETAL

    -2.7%

    3.9%1.6%

    -0.3%

    0.6%

    7.2% 9.5%

    -0.2%

    -9.7%

    -5.8%

    -0.2% -0.3%

    -15.0%

    -10.0%

    -5.0%

    0.0%

    5.0%

    10.0%

    15.0%

    0.0%

    2.0%

    4.0%

    6.0%

    8.0%

    10.0%

    12.0%

    14.0%

    16.0%

    CHAR

    DONN

    AY

    RED

    BLEN

    DS

    CABE

    RNET

    SAUV

    SPAR

    KLIN

    G

    PINOT

    GRIG

    IO

    SPEC

    IALT

    Y

    SAUV

    BLAN

    C

    PINOT

    NO

    IR

    MERL

    OT

    WHI

    TE BL

    ENDS

    MOSC

    ATO

    ROSE

    Share Trend

    12 Month Rolling September 2020 Ending

  • WINE BY VARIETAL ON-PREMISE ONLY

    -34.6%-38.5%

    -35.8%

    -33.2%

    -36.3%

    -33.6%

    -35.1% -34.9%

    -40.3%

    -29.1%

    -40.7%

    -34.7%

    -45.0%

    -40.0%

    -35.0%

    -30.0%

    -25.0%

    -20.0%

    -15.0%

    -10.0%

    -5.0%

    0.0%

    0.0%

    2.0%

    4.0%

    6.0%

    8.0%

    10.0%

    12.0%

    14.0%

    16.0%

    18.0%

    SPAR

    KLIN

    G

    CHAR

    DONN

    AY

    CABE

    RNET

    SAUV

    RED

    BLEN

    DS

    PINOT

    GRIG

    IO

    PINOT

    NO

    IR

    SAUV

    BLAN

    C

    WHI

    TE BL

    ENDS

    MERL

    OT

    SPEC

    IALT

    YRO

    SE

    OTHE

    R RE

    D

    Share Trend

    +1

    12 Month Rolling September 2020 Ending

    +3

    +2

    +1

  • 12 Month Rolling September 2020 Ending

    ON-PREMISE SHARE CHANGE SINCE FEBRUARY

    0.2%

    -0.5%

    0.0%

    0.5%

    -0.2%

    0.1%

    -0.1%

    0.2%

    -0.1%

    0.4%

    -0.3%

    SPARKLING

    CHARDONNAY

    CABERNET SAUV

    RED BLENDS

    PINOT GRIGIO

    PINOT NOIR

    SAUV BLANC

    WHITE BLENDS

    MERLOT

    SPECIALTY

    ROSE

  • WINE BY VARIETAL ON-PREMISE ONLY PRE COVID

    -4.0%

    3.6%

    -2.5%

    -1.9%

    -5.5%

    -0.6%

    2.9%

    -7.0%

    -10.6%

    5.8%

    -1.4%

    -7.3%

    -12.0%

    -10.0%

    -8.0%

    -6.0%

    -4.0%

    -2.0%

    0.0%

    2.0%

    4.0%

    6.0%

    8.0%

    0.0%

    2.0%

    4.0%

    6.0%

    8.0%

    10.0%

    12.0%

    14.0%

    16.0%

    18.0%

    CHAR

    DONN

    AY

    SPAR

    KLIN

    G

    CABE

    RNET

    SAUV

    PINOT

    GRIG

    IO

    RED

    BLEN

    DS

    PINOT

    NO

    IR

    SAUV

    BLAN

    C

    WHI

    TE BL

    ENDS

    MERL

    OTRO

    SE

    SPEC

    IALT

    Y

    TABL

    E RED

    -OTH

    ER

    Share Trend

    12 Month Rolling February 2020 Ending

  • 1. Wine & Spirit Categories are Resilient!

    2. Regional Differences are Important

    3. The Consumer Will Decide When We Re-open

    KEY TAKEAWAYS

  • THANK YOU!TO LEARN MORE ABOUT SIPSOURCE

    CONTACT NICOLE ANDERSON AT [email protected]

    MEDIA INQUIRIES: SEND FOLLOW UP QUESTIONS TOMICHAEL BILELLO AT [email protected]

    INTERESTED IN BECOMING A WSWA MEMBER? CONTACT CATHERINE MCDANIEL AT [email protected]