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SAM News and Press, Boston Beer Company Inc. From 10/20/22

Stock Information

Company Name: Boston Beer Company Inc.
Stock Symbol: SAM
Market: NYSE
Website: bostonbeer.com

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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 ...

SAM - BOSTON BEER REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS

BOSTON BEER REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS PR Newswire BOSTON , Oct. 20, 2022 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the third quarter 2022 (13 weeks) and year to date 2022 (39 weeks) ...

SAM - Can Hard Mountain Dew Save Boston Beer?

Boston Beer (NYSE: SAM) may be best-known for its famous brew named after Samuel Adams, but you wouldn't know it from looking at its product portfolio these days. The company's business has moved away from beer, becoming increasingly tied to flavored malt beverages like Truly ha...

SAM - Boston Beer Q3 2022 Earnings Preview

Boston Beer ( NYSE: SAM ) is scheduled to announce Q3 earnings results on Thursday, October 20th, after market close. The consensus EPS Estimate is $3.17 (+7.5% Y/Y) and the consensus Revenue Estimate is $567.77M (+1.1% Y/Y). Over the last 2 years, SAM has beaten EPS...

SAM - Evercore steps to sidelines on Boston Beer amid increased competition

Boston Beer Company ( NYSE: SAM ) lost a bull on Wednesday as Evercore downgraded the stock to In-Line from Outperform ahead of its Q3 earnings report. The rationale for the downgrade was three-pronged. The firm indicated that estimates heading into the brewer’...

SAM - Boston Beer Company Q3 2022 Earnings Preview: The Picture Is Not Looking Pretty

Summary Boston Beer Company is due to report financial results for the third quarter of its 2022 fiscal year on October 18th. Analysts expect financial results to be better than they were last year, but the company has been subjected to significant volatility as of late. Overa...

SAM - President Biden To Pardon Cannabis Convictions: Green Thumb A Top Pick

Summary The prospects for the passage of SAFE banking have increased dramatically after President Biden's announcement of pardons for cannabis convictions. Green Thumb Industries Inc. remains a rare blend of growth and profitability in the U.S. cannabis sector. Green Thumb mai...

SAM - The Boston Beer Company: Poor Investment Proposition At Current Valuation

Summary Boston Beer Company is facing numerous headwinds from increased competition and unfavorable financial performance. The stock has limited shareholder return programs to provide a floor for the stock price. Valuation remains high compared to peers, and decreased forecast...

SAM - Named Sam Adams? Have a Cold Sam Adams on Sam Adams...for the 300th birthday of Samuel Adams

Named Sam Adams? Have a Cold Sam Adams on Sam Adams...for the 300th birthday of Samuel Adams PR Newswire Boston Beer Company to cover the cost of a beer for drinkers named Sam Adams – or anything close – in honor of the patriot's 300th birthday this m...

SAM - Vintage Wine Estates: Solid Growth And Affordable Prices Make For A Good Prospect

Summary Vintage Wine Estates may be small compared to other peers, but the company is growing nicely. This includes growth on both the top and bottom lines, with cash flows showing evidence of improving. Shares aren't cheap, but they are affordable compared to some other playe...

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