Boston Beer Company Inc (N:SAM)

Jul 23, 2020 04:15 pm ET
Boston Beer Reports Second Quarter 2020 Results
BOSTON, July 23, 2020 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported second quarter 2020 net revenue of $452.1 million, an increase of $133.7 million or 42.0%, from the same period last year.  Net income for the second quarter was $60.1 million, an increase of $32.3 million or 116% from the same period last year. Earnings per diluted share were $4.88, an increase of $2.52 per diluted share from the second quarter of 2019.  This increase was primarily due to increased revenue driven by shipment growth of 39.8%, partially offset by lower gross margins and increases in opera...
Apr 24, 2020 04:15 pm ET
Apr 22, 2020 04:15 pm ET
Boston Beer Reports First Quarter 2020 Results
BOSTON, April 22, 2020 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported first quarter 2020 net revenue of $330.6 million, an increase of $78.9 million or 31.4% from the same period last year, mainly due to an increase in shipments of 32.2%. Net income for the first quarter was $18.2 million, or $1.49 per diluted share, a decrease of $5.5 million or $0.53 per diluted share from the first quarter of 2019.  The decrease in net income reflects that the Company's higher net revenue was more than offset by increases in operating expenses and lower gross margins.  ...
Oct 29, 2019 04:15 pm ET
Boston Beer Reports Third Quarter 2019 Results
BOSTON, Oct. 29, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) completed the previously reported Dogfish Head Brewery transaction and began consolidating the Dogfish Head financial results on July 3, 2019.  The combined Company reported third quarter 2019 net revenue of $378.5 million, an increase of $71.6 million or 23.3% from the third quarter of 2018, mainly due to an increase in shipments of 19.1%.  Net income for the third quarter was $44.7 million, or $3.65 per diluted share, an increase of $6.7 million or $0.44 per diluted share from the third quarter of 2018.  Thi...
Sep 23, 2019 09:00 am ET
The Boston Beer Company And NHL Announce Multiyear U.S. Partnership Making Truly Hard Seltzer The Official Hard Seltzer Of The NHL
NEW YORK, Sept. 23, 2019 /PRNewswire/ -- The Boston Beer Company and the National Hockey League (NHL®) today announced a new multiyear U.S. partnership, naming Truly Hard Seltzer the official hard seltzer of the NHL. Launching at the start of the 2019-20 NHL regular season, the new five-year agreement marks the first national sports league partnership for The Boston Beer Company and Truly Hard Seltzer....
Jul 25, 2019 04:15 pm ET
Boston Beer Reports Second Quarter 2019 Results
BOSTON, July 25, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported second quarter 2019 net revenue of $318.4 million, an increase of $45.3 million or 16.6%, from the same period last year.  Net income for the second quarter was $27.9 million, or $2.36 per diluted share, an increase of $4.3 million or $0.38 per diluted share from the second quarter of 2018.  This increase was primarily due to increased revenue, partially offset by lower gross margins and increases in advertising, promotional and selling expenses. ...
May 09, 2019 04:34 pm ET
The Boston Beer Company and Dogfish Head Brewery to Merge, Creating the Most Dynamic American-Owned Platform for Craft Beer and Beyond
BOSTON, May 9, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) and Dogfish Head Brewery today announced that the companies have signed a definitive merger agreement, bringing together two pioneering independent Craft breweries and two illustrious founders and brewers, Jim Koch and Sam Calagione. ...
Apr 24, 2019 04:15 pm ET
Boston Beer Reports First Quarter 2019 Results
BOSTON, April 24, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported first quarter 2019 net revenue of $251.7 million, an increase of $61.2 million or 32.1% from the same period last year, mainly due to an increase in shipments of 32.5%.  Net income for the first quarter was $23.7 million, or $2.02 per diluted share, an increase of $14.4 million or $1.24 per diluted share from the first quarter of 2018.  The significant increase in net revenue, compared to the first quarter of 2018, was driven by the planned acceleration in the timing of shipments during the year to supp...
Mar 26, 2019 04:01 pm ET
Boston Beer Appoints Lesya Lysyj As Chief Marketing Officer
BOSTON, March 26, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) (the "Company"), brewers of Samuel Adams beers, announced today that Lesya Lysyj will be joining the Company as its Chief Marketing Officer in April, where she will have primary responsibility for overseeing the Company's planning, development, and execution of its brand development, marketing, and advertising initiatives.  She will lead brand management, innovation, digital and social marketing, media, consumer insights and sales support for the full portfolio of the Company's brands....
Mar 18, 2019 04:01 pm ET
The Boston Beer Company Appoints Meghan V. Joyce to its Board of Directors
BOSTON, March 18, 2019 /PRNewswire/ --The Boston Beer Company, Inc. (NYSE: SAM) announced today that Meghan V. Joyce has been appointed as a Director of the Company, effective March 14, 2019....
Feb 20, 2019 03:15 pm ET
Boston Beer Reports Fourth Quarter 2018 Results
BOSTON, Feb. 20, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported fourth quarter 2018 net revenue of $225.2 million, an increase of $18.9 million or 9.2% from the fourth quarter of 2017, mainly due to an increase in shipments of 6.3%.  Net income for the fourth quarter was $21.8 million, or $1.86 per diluted share, a decrease of $8.7 million or $0.71 per diluted share from the fourth quarter of 2017.  This decrease was primarily due to a fourth quarter 2017 favorable one-time tax benefit of $1.72 per diluted share related to the Tax Cuts and Jobs Act of 2017.  Operatin...
Feb 05, 2019 07:35 am ET
Recent Analysis Shows DICK'S Sporting Goods, Zix, Q2, InfraREIT, The Boston Beer, and Dicerna Pharmaceuticals Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of DICK'S Sporting Goods, Inc. (NYSE:DKS), Zix Corporation (NASDAQ:ZIXI), Q2...
Oct 30, 2018 09:00 am ET
New Research Coverage Highlights Simon Property Group, Schnitzer Steel Industries, The Boston Beer, Boston Scientific, Healthcare Trust of America, and Patterson-UTI Energy — Consolidated Revenues, Co
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Simon Property Group, Inc. (NYSE:SPG), Schnitzer Steel Industries, Inc....
Oct 25, 2018 04:15 pm ET
Boston Beer Reports Third Quarter 2018 Results
BOSTON, Oct. 25, 2018 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported third quarter 2018 net revenue of $306.9 million, an increase of $59.8 million or 24.2% from the third quarter of 2017, mainly due to an increase in shipments of 23.5%.  Net income for the third quarter was $38.0 million, or $3.21 per diluted share, an increase of $4.3 million or $0.43 per diluted share from the third quarter of 2017.  This increase was primarily due to increases in net revenue and lower income taxes that were partially offset by increased advertising, promotional and selling expenses an...
Aug 01, 2018 07:55 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Toll Brothers, Skyworks Solutions, AllianceBernstein Holding, Braskem S.A, Gentherm, and The Boston Beer — New Research Emphasizes E
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Toll Brothers Inc. (NYSE:TOL), Skyworks Solutions, Inc. (NASDAQ:SWKS),...
Jul 26, 2018 04:15 pm ET
Boston Beer Reports Second Quarter 2018 Results
BOSTON, July 26, 2018 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported second quarter 2018 net revenue of $273.1 million, an increase of $25.2 million or 10.2%, from the same period last year.  Net income for the second quarter was $23.5 million, or $1.98 per diluted share, a decrease of $5.6 million or $0.37 per diluted share, from the second quarter of 2017.  This decrease was primarily due to increased advertising, promotional and selling expenses and lower gross margins that were partially offset by increases in net revenue and lower income taxes. ...
Jul 04, 2018 08:00 am ET
5 Stocks to Buy Around The 4th Of July
CHICAGO, July 4, 2018 /PRNewswire/ -- InvestorsObserver issues PriceWatch Alerts for BUD, KHC, PEP, SAM, and TSN....
May 21, 2018 07:30 am ET
New Research: Key Drivers of Growth for Oritani Financial, TIER REIT, The Boston Beer, Fidelity Southern, Riot Blockchain, and Fonar — Factors of Influence, Major Initiatives and Sustained Production
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Oritani Financial Corp. (NASDAQ:ORIT), TIER REIT, Inc. (NYSE:TIER), The...
Apr 25, 2018 04:15 pm ET
Boston Beer Reports First Quarter 2018 Results
BOSTON, April 25, 2018 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported first quarter 2018 net revenue of $190.5 million, an increase of $28.8 million or 17.8% from the same period last year, mainly due to an increase in shipments of 15.0%.  Net income for the first quarter was $9.3 million, or $0.78 per diluted share, an increase of $3.6 million or $0.33 per diluted share from the first quarter of 2017. This increase was primarily due to increases in net revenue and gross margin that were only partially offset by increases in advertising, promotion and selling expenses....
Mar 26, 2018 07:30 am ET
Report: Developing Opportunities within ShotSpotter, Ormat Technologies, New Gold, The Boston Beer, Wright Medical Group N.V., and Jumei International Holding — Future Expectations, Projections Moving
NEW YORK, March 26, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ShotSpotter Inc. (NASDAQ:SSTI), Ormat Technologies, Inc....
Feb 21, 2018 03:15 pm ET
Boston Beer Reports Fourth Quarter 2017 Results
BOSTON, Feb. 21, 2018 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported net revenue for the 13-week fiscal quarter ended December 30, 2017 of $206.3 million, a decrease of $13.1 million or 5.9% from the 14-week 2016 fiscal fourth quarter, mainly due to a decrease in shipments of 7.7%.  Net income for the 2017 fourth quarter was $30.5 million, or $2.57 per diluted share, an increase of $8.4 million or $0.82 per diluted share from the fourth quarter of 2016.  This increase was primarily due to a favorable one-time impact of $1.72 per diluted share related to the Tax Cuts and J...
Feb 21, 2018 12:45 pm ET
Boston Beer Company, Inc. Class A to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 21, 2018 / Boston Beer Company, Inc. Class A (NYSE: SAM) will be discussing their earnings results in their Q4 Earnings Call to be held on February 21, 2018 at 5:00 PM Eastern Time.
Feb 14, 2018 05:35 pm ET
Boston Beer Company Names Dave Burwick President and CEO; Beverage Industry Veteran to Lead Company Through Next Phase of Growth
BOSTON, Feb. 14, 2018 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) today announced that it has selected Dave Burwick to succeed Martin Roper as President and Chief Executive Officer.  It is expected Burwick will assume the role during the second quarter.  Jim Koch will continue in his role as Company Founder and Chairman....
Jan 24, 2018 07:35 am ET
Research Report Identifies Sotheby's, Viper Energy Partners LP, J & J Snack Foods, Boeing, Boston Beer, and Getty Realty with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
NEW YORK, Jan. 24, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sotheby's (NYSE:BID), Viper Energy Partners LP...
Oct 26, 2017 05:15 pm ET
Boston Beer Reports Third Quarter 2017 Results
BOSTON, Oct. 26, 2017 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported third quarter 2017 net revenue of $247.0 million, a decrease of $6.4 million or 3% from the third quarter of 2016, mainly due to a decline in shipments of 4%.  Net income for the third quarter was $33.7 million, or $2.78 per diluted share, an increase of $2.1 million or $0.30 per diluted share from the third quarter of 2016.  This increase in net income was primarily due to a decrease in general and administrative expenses, increases in gross margin and a lower tax rate that were partially offset by a de...
Jul 27, 2017 05:15 pm ET
Boston Beer Reports Second Quarter 2017 Results
BOSTON, July 27, 2017 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported second quarter 2017 net revenue of $247.9 million, an increase of $3.1 million or 1%, from the same period last year.  Net income for the second quarter was $29.1 million, or $2.35 per diluted share, an increase of $2.5 million or $0.29 per diluted share, from the second quarter of 2016.  This increase was primarily due to increases in net revenue and an increase in gross margin that were partially offset by increased advertising, promotional and selling expenses. ...
Apr 26, 2017 05:15 pm ET
Boston Beer Reports First Quarter 2017 Results
BOSTON, April 26, 2017 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported first quarter 2017 net revenue of $161.7 million, a decrease of $27.1 million or 14% from the same period last year, mainly due to a decline in shipments of 15%, partially offset by price increases. Net income for the first quarter was $5.7 million, or $0.45 per diluted share, a decrease of $1.3 million or $0.08 per diluted share from the first quarter of 2016.  This decrease was primarily due to decreases in net revenue and a decrease in gross margin that were only partially offset by decreases in oper...
Mar 28, 2017 05:15 pm ET
Veteran Boston Beer Director To Retire
BOSTON, March 28, 2017 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) (the "Company"), brewers of Samuel Adams beers, announced today that Director Jay Margolis has informed the Board of Directors that he will not stand for re-election as a Director of the Company at the end of his current term and will retire from the Board effective as of the close of the 2017 Annual Meeting of Stockholders....
Feb 22, 2017 04:15 pm ET
Boston Beer Reports Fourth Quarter 2016 Results
BOSTON, Feb. 22, 2017 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported fourth quarter 2016 net revenue of $219.4 million for the 14-week fiscal period ended December 31, 2016, an increase of $4.2 million or 2% from the 13-week fourth quarter 2015 fiscal period, mainly due to an increase in shipments of 2%.  Net income for the fourth quarter was $22.2 million, or $1.75 per diluted share, an increase of $6.1 million or $0.54 per diluted share from the fourth quarter of 2015.  This increase was primarily due to the increase in net revenue and decreases in operating expense...
Feb 02, 2017 08:40 pm ET
Martin Roper to Retire as CEO of Boston Beer Company in 2018
BOSTON, Feb. 2, 2017 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) today announced that Martin Roper, President and Chief Executive Officer, plans to retire in 2018 after leading  the Company for more than 17 years.  The Board of Directors has created a search committee and retained Korn Ferry to assist in identifying and evaluating the best candidates to succeed Roper as CEO....
Oct 20, 2016 05:15 pm ET
Boston Beer Reports Third Quarter 2016 Results
BOSTON, Oct. 20, 2016 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported third quarter 2016 net revenue of $253.4 million, a decrease of $39.7 million or 14% from the third quarter of 2015, mainly due to a decline in shipments of 12% and decreased revenue per barrel due to product mix.  Net income for the third quarter was $31.5 million, or $2.48 per diluted share, a decrease of $0.37 per diluted share from the third quarter of 2015.  This decrease was primarily due to decreases in net revenue and a decrease in gross margin, partially offset by decreased advertising, promotio...
Jul 21, 2016 05:15 pm ET
Boston Beer Reports Second Quarter 2016 Results
BOSTON, July 21, 2016 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported second quarter 2016 net revenue of $244.8 million, a decrease of $7.4 million or 3%, from the same period last year, mainly due to a decline in shipments of 4%, partially offset by price increases.  Net income for the second quarter was $26.6 million, or $2.06 per diluted share, a decrease of $3.3 million or $0.12 per diluted share, from the second quarter of 2015.  This decrease was primarily due to decreases in net revenue, a decrease in gross margins and increases in general and administrative expense...
Jun 24, 2016 05:15 pm ET
Boston Beer Appoints New Chief Marketing Officer
BOSTON, June 24, 2016 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) (the "Company"), brewers of Samuel Adams beers, announced today that Jonathan N. Potter will be joining the Company as its Chief Marketing Officer in August, where he will have primary responsibility for overseeing the Company's planning, development and execution of its brand development, marketing and advertising initiatives.  ...
Apr 21, 2016 05:15 pm ET
Boston Beer Reports First Quarter 2016 Results
BOSTON, April 21, 2016 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported first quarter 2016 net revenue of $188.8 million, a decrease of $10.7 million or 5% from the same period last year, mainly due to a decline in core shipments of 6%, partially offset by price increases. Net income for the first quarter was $7.0 million, or $0.53 per diluted share, a decrease of $6.7 million or $0.47 per diluted share from the first quarter of 2015.  This decrease was primarily due to decreases in net revenue, a decrease in gross margin and increased general and administrative expenses.  ...
Feb 18, 2016 04:15 pm ET
Boston Beer Reports Fourth Quarter 2015 Results
BOSTON, Feb. 18, 2016 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported fourth quarter 2015 net revenue of $215.1 million, a decrease of $2.7 million or 1% from the same period last year, mainly due to a decline in core shipments of 3%, partially offset by price increases. Net income for the fourth quarter was $16.1 million, or $1.21 per diluted share, a decrease of $3.0 million or $0.19 per diluted share from the fourth quarter of 2014.  This decrease was primarily due to the decrease in net revenue and increases in advertising, promotional and selling expenses that were on...
Jan 25, 2016 04:05 pm ET
Long-Time Boston Beer Director To Retire
BOSTON, Jan. 25, 2016 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) (the "Company"), brewers of Samuel Adams beers, announced today that Director Pearson "Pete" C. Cummin, III will retire from the Board of Directors of the Company following the close of the next regular meeting of the Board, scheduled for February 10, 2016.  ...

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