SAM - Boston Beer Non-GAAP EPS of $3.82 beats by $0.65 revenue of $596.45M beats by $30.03M
- Boston Beer press release ( NYSE: SAM ): Q3 Non-GAAP EPS of $3.82 beats by $0.65 .
- Revenue of $596.45M (+6.2% Y/Y) beats by $30.03M .
- Shares -3.6% .
- Depletions decreased 6% and shipments increased 1.4% compared to the third quarter of 2021
- Shipment volume for the third quarter was approximately 2.3 million barrels, a 1.4% increase from the prior year, reflecting increases in the Company's Twisted Tea, Hard Mountain Dew and Samuel Adams brands partially offset by decreases in its Truly Hard Seltzer, Angry Orchard and Dogfish Head brands.
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Boston Beer Non-GAAP EPS of $3.82 beats by $0.65, revenue of $596.45M beats by $30.03M