Interesting read. Thanks for posting. What I got out of it was that Stone is seeing pressure from InBev and the like, and I can see that in my local stores, as some delicious brews from places like Elysian are showing up, not to mention contract brewers like Green Flash supplying the East Coast with delicious Alpine offerings. That's stiff competition to go with all the other fine IPAs out there. Seems that the market is getting saturated with great beers. My fear is that great IPAs will start sitting on shelves, though I think SOMEONE out there might be thinking about this finally. I noticed that one of my favorite IPAs, Firestone Walker's Double Jack used to sit on TB's shelves. A few weeks ago, their shelf space was greatly reduced and they had very fresh (week old!) sixers, of which I bought one. This week, the shelf was empty. Could it be that the big chains are finally seeing the light on the "IPA problem"? Also noticing a lot more local brews on the shelf...this has GOT to be putting pressure on the bigger, more national breweries like Stone, who are IPA-centric.
Second thing I took from this was the severance package was pretty nice. Look, if you have ever been to San Diego, brewing jobs seem to be on every street corner. My guess is these folks just made bank and are going to get picked up by one of the thousand breweries in the area. Change is NOT always a bad thing!!
Stone is still a huge employer and I suspect they will continue to grow, but face it they grew REALLY fast. They have the airport location, the original one in Escondido, and the one in Liberty Station. On top of that, a huge move in Germany (which my German friends are praising!!) and the East Coast hookup in Richmond. They have also made some (IMHO) mistakes along the way, reformulating beers I loved to be something I don't (Ruination 2, I am looking at you!).
Finally, the market. There are so many new breweries, more coming each day, that will cut away at a national breweries share of the market. In this area, which I would not exactly call a beer mecca, there seems to be a new brewery popping up every couple of months. Places like Seattle seem to have a brewery on every block. Local is making a huge push, and those of us that like fresh will patronize them as long as they make quality beers. Interesting times...can be a curse for a brewery. Cheers!