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On-Premise Status Report (June 3-6)
Open Rate, Average Taps and Taps Pouring all held firm. Volume and Rate of Sale saw nominal gains.
See it all in this week’s On-Premise Status Report.
In this report, we take a look at June 3-6 and compare this to our two previous reports – May 20-23 and May 6-9.
This review of insights and retail performance is part of an on-going series which tracks the status of America’s bars and restaurants.
Cheers!
Open Rate (locations open and pouring beer) held firm for the period, with 93% of locations open. The rate had been at 90%, or above, since late January.
Average Number of Taps checked in at 19 per location nationally for the second straight period. Illinois added three taps, climbing to 18 per location, while Nevada added one to get back to 22. South Carolina dropped one handle, falling back to an average of 16. Seven of the states tracked held firm from the prior period.
* average numbers of taps is rounded to the nearest whole number
** Due to all states not being open on the Same Weekend 2020, we compared against Same Weekend 2019
Percentage Taps Pouring checked in at 70% for the second straight period. Five of the states tracked some nominal gains, paced by Tennessee, which was +3.0%. Florida, Georgia and Minnesota were all +1.4%, while Nevada was a tick behind at +1.3%.
* % Change From Previous compares the current period against the previous period
Volume grew for the second consecutive period with a nominal +1.6% on the weekend. South Carolina led seven states which grew over the weekend, climbing +15.5%. Georgia (+11.9%), Florida (+7.5%) and Tennessee (+6.8%) all saw healthy gains.
* Volume totals per location
** Due to reduced actionable data from Same Weekend 2020, we compared against Same Weekend 2019
Like Volume, Rate of Sale saw a slight tick forward, climbing +1.9% on the weekend. South Carolina (+12.9%) saw the largest jump among states tracked, followed by Tennessee (+8.7%), Georgia (+5.6%) and Florida (+5.3%).
* % Change From Previous compares the current period against the previous period
** Due to reduced actionable data from Same Weekend 2020, we compared against Same Weekend 2019
Both Volume Share and Tap Share were both relatively flat over the weekend. The Top Five Styles remained unchanged.
BeerBoard is a leading technology company enabling the food & beverage industry to make data-driven decisions about its bar business. It manages over $1 billion in retail draft beer sales and 45,000 products through its industry-leading solution. The company’s patented digital platform captures, analyzes, and reports real-time data related to bar performance, brand insights and inventory. Built for retailers, brewers and distributors, the versatile technology is easily operated from a single dashboard, and it has streamlined operations and increased top and bottom line revenue all over the United States.
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Want to see where BeerBoard’s data and insights can take you and your operation? Contact us at retailsales@beerboard.com or 888.298.3641.
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