SAM - Here's What You Missed in Boston Beer's Earnings Report
It's already been a great year for Boston Beer (NYSE: SAM) , but things are getting even better. The beer brewer recently raised its aggressive outlook for fiscal 2021 thanks to booming demand for its Truly hard seltzer. While rival seltzer products are flooding the market, Truly is having no problem defending -- and even expanding -- its dominant position.
In a conference call with Wall Street analysts, CEO Dave Burwick and his team explained why that success, plus a packed pipeline for new releases for brands like Samuel Adams and Twisted Tea, has executives feeling optimistic about the near future.
Let's take a closer look.
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Here's What You Missed in Boston Beer's Earnings Report