Benj Steinman Quotations

The positive thing to note is that they actually had improving results as the year went on. But they were going against a very easy comparison -- they were down 3% in last year's fourth quarter.

I don't think a lot of these new products are big bets. Most of them are experiments in an attempt to address the changing consumer dynamics.

Irrespective of who's right on whether the taste changed, it's a continuation of a campaign Miller has had for two years.

Wine and spirits are outperforming beer. It's been a reversal of a decade-long trend.

Wine and spirits are outperforming beer, ... It's been a reversal of a decade-long trend.

There was a general assumption - that is proving somewhat erroneous - that the baby boomers would continue with the consumption patterns that they established in their youth. Instead, they're doing more like what prior generations did as they got older, and switching their drinking habits to wine and spirits.

It was a major overhang. The unsettled nature of it was a large potential liability. Settling this, I'm sure, was a priority for them.

Its wholesalers are clamoring for high-margin, growth brands. Anheuser has promised to deliver them, but they can't just create them.

It took a while to get into it. It's going to take a while to get out of it.