• SAM

Boston Beer amends production deal, cuts guidance

Boston Beer Company Inc adjusted its GAAP EPS forecast down to $3.80-$5.80, amended a production deal, and announced a $26 million cash payment to Rauch North America.

• SAM

Earnings call: Boston Beer Company narrows 2024 guidance amid industry shifts

• SAM

Jefferies downgrades Boston Beer to Hold

Jefferies downgraded Boston Beer to Hold due to declining sales and limited growth visibility while expressing skepticism about the company's near-term performance and recovery prospects.

• SAM

Boston Beer reports strong Q3 results, but full-year guidance falls short of estimates

Boston Beer Company exceeded Q3 earnings expectations but lowered full-year guidance, causing a slight drop in shares. Gross margin improved, while depletions and shipment volume declined.