Boston Beer Q2 Profit Falls 15%, Misses Estimates as Volumes Slide
SAM is trading near its 52-week low of $158.68 (12% above the low).
Summary
Boston Beer's Q2 net income dropped 15% to $51.6 million, or $4.96 per share, missing the FactSet consensus of $4.83 on an adjusted basis. Revenue slipped 3.3% to $568.3 million, slightly above estimates, but shipment volumes fell 4.5% and depletions—a key demand metric—declined 6%. The weakness was broad-based across Twisted Tea, Truly, Samuel Adams, Hard Mountain Dew, and Dogfish Head, partially offset by Sun Cruiser and Angry Orchard. This follows the earlier guidance for a full-year loss of $4.23–$6.23 per share, driven by a massive litigation charge. CEO Jim Koch emphasized focus on marketplace execution and improving market share trends amid a challenging environment. The results confirm ongoing demand erosion and margin pressure, with the adjusted EPS miss likely to weigh on the stock.
At the time of this announcement, SAM was trading at $178.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $158.68 to $264.46. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.