News
SAM
287.27
-2.06%
-6.03
Sell Rating on Boston Beer Company Amid Sustainability Concerns and One-Off Q1 Benefits
TipRanks · 8h ago
SAM Stock Earnings: Boston Beer Co Beats EPS, Beats Revenue for Q1 2024
Boston Beer Co reported earnings per share of $1.04 for the first quarter of 2024. The company reported revenue of $426.05 million. This was 3.11% better than the analyst estimate of $413.20 million. Boston Beer Co also reported results for the fourth quarter of 2015.
Investorplace · 8h ago
Boston Beer Company Inc reports results for the quarter ended in March - Earnings Summary
Boston Beer Company Inc reports quarterly adjusted earnings of $1.04 per share for the quarter ended in March. Revenue rose 3.9% to $426.05 million from the same quarter last year. The company reported quarterly income of $12.6 million. Boston Beer Company shares have fallen by 3.7% this quarter.
Reuters · 8h ago
Twisted Tea Is Crushing It For Boston Beer -- Market Talk
Boston Beer's Twisted Tea sales up 21% in 1Q. Sales of the alcoholic iced-tea beverage offset declines in Truly Hard Seltzer and other brands. Boston Beer shares rise 4.4% to $300 after-hours. The company's shipments were up 0.9% for 1Q, breaking a streak of declines.
Dow Jones · 10h ago
Boston Beer reports a surprise profit as Twisted Tea shipments keep growing
MarketWatch · 12h ago
Boston Beer's Stock Surges After A Surprise Profit, As Increases In Twisted Tea Shipments Offset Declines In Truly -- MarketWatch
Shares of Boston Beer Co. Jumped 9.8% in premarket trading. The beer brewer reported a surprise first-quarter profit and revenue that rose above forecasts. The company swung to net income of $12.6 million. The stock closed the regular session down 2.1%, and is down 16.9% year to date.
MarketWatch · 12h ago
Boston Beer GAAP EPS of $1.04 beats by $1.04, revenue of $426.1M beats by $13.8M
The Boston Beer Company, Inc. (SAM) reports Q1 GAAP EPS of $1.04. Revenue of $426.1M beats by $13.8M. Full-Year 2024 Projections: GAAP earnings of $7.00 to $11.00.
Seeking Alpha · 13h ago
*Boston Beer: 1Q Depletions Were Flat and Shipments Increased 0.9% >SAM
Dow Jones · 13h ago
Boston Beer Co Q1 2024 GAAP EPS $1.04 Beats $0.08 Estimate, Sales $426.100M Beat $413.205M Estimate
Boston Beer Co. Reported quarterly earnings of $1.04 per share. The company reported quarterly sales of $426.100 million. Sales beat the analyst consensus estimate of $413.205 million by 3.12 percent. Boston Beer also reported a 3.93 percent increase over the same period last year.
Benzinga · 13h ago
BRIEF-Boston Beer Q1 Revenue USD 426.1 Million Vs. IBES Estimate USD 413.2 Million
Reuters · 13h ago
BOSTON BEER COMPANY INC - REITERATING OUR 2024 VOLUME AND EPS GUIDANCE
Reuters · 13h ago
*Boston Beer 1Q Net $12.6M >SAM
Dow Jones · 13h ago
Press Release: Boston Beer Reports First Quarter -2-
The Boston beer company is expected to enter its 2023 fiscal year in April 2024. The company expects to be profitable by the end of the year. The beer company has a long-term goal of becoming a major player in the craft beer industry. The company's quarterly results for the first quarter of this year are expected to show a decline in revenue.
Dow Jones · 13h ago
Press Release: Boston Beer Reports First Quarter Financial Results
The Boston Beer Company, Inc. Reported financial results for the first quarter ended March 30, 2024. Net revenue of $426.1 million increased 3.9% and shipments increased 0.9%. Gross margin of 43.7% increased 570 basis points year over year. The Company ended the quarter with $205.4 million in cash and no debt.
Dow Jones · 13h ago
Press Release: Boston Beer Reports First Quarter -3-
Net cash used in investing activities was $35,714. The Boston Beer Company's cash and cash equivalents at the end of the period were $122,560 million. The company has a long-term target of $200 million. The company's quarterly financial results are available on the company's website.
Dow Jones · 13h ago
*Boston Beer 1Q Rev $426.1M >SAM
Dow Jones · 13h ago
*Boston Beer 1Q EPS $1.04 >SAM
Dow Jones · 13h ago
Notable Thursday Option Activity: COOP, SAM, NEXT
NASDAQ · 14h ago
Boston Beer (NYSE:SAM) Reports Strong Q1, Stock Soars
Boston Beer reported Q1 CY2024 revenue up 10.3% year on year to $452.2 million. The beer company beat Wall Street analysts' expectations by 9.7%. Boston Beer is a pioneer in craft brewing and is a symbol of innovation in the alcoholic beverage industry. The company's stock is up 8% after reporting and currently trades at $311 per share.
Barchart · 17h ago
Boston Beer Reports First Quarter Financial Results
Barchart · 18h ago
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About SAM
The Boston Beer Company, Inc. is engaged in the business of selling alcohol beverages throughout the United States and in selected international markets, under various trademarks. The trademarks include The Boston Beer Company, Twisted Tea Brewing Company, Hard Seltzer Beverage Company, Angry Orchard Cider Company, Dogfish Head Craft Brewery, Dogfish Head Distilling Co., Angel City Brewing Company, Coney Island Brewing Company, Green Rebel Brewing Co., and Truly Distilling Co. The Company produces alcohol beverages, including hard seltzer, flavored malt beverages, and hard cider at Company-owned breweries and its cidery and under contract arrangements at other brewery locations. The four primary Company-owned breweries are focused on production and research and development. It also owns four smaller local breweries that are mainly focused on brewing and packaging beers for retail sales on site at tap rooms and gift shops, and other. The Company sells its beverages in various packages.