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UBS Weather Report (Beer Industry): Weather is Better, Beer is Back Dry and Hot End to Summer in the U.S., Reversing July Trends



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10. UBS Weather Report (Beer Industry): Weather is Better, Beer is Back
Dry and Hot End to Summer in the U.S., Reversing July Trends


UBS
September 12, 2007

August precipitation levels decreased year-on-year with A-B down 21.6%, Miller down 17.9%, and Coors down 17.6%. Temperature levels for all three brewers were up 1%-2% year on year. We believe these favorable weather trends are impacting sales positively as A-B recently noted 3Q STRs are up 2.4% through August and IRI data showed positive STR growth for TAP as well.






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