SAM News and Press, Boston Beer Company Inc. From 07/23/21

Sam Adams beer maker Boston Beer (NYSE: SAM) shocked investors last night with a quarterly earnings report that fell far short of expectations. The stock is getting slammed this morning as a result with shares down more than 26% as of 10:25 a.m. EDT. Boston Beer reported earni...

Boston Beer ( NYSE: SAM ) shares plunged 26.17% on Friday in morning following disappointing second quarter revenue and earnings results attributed to poor hard seltzer demand. Company’s revenue of $603 million and earnings of $4.75 per share missed analysts’ r...

Pgiam/iStock via Getty Images Earnings news once again drove premarket trading in several big names on Friday, this time focused on the social media sector. Both Snap (SNAP) and Twitter (TWTR) gained ground on their respective quarterly reports. At the same time, Skechers (SKX) and American E...

New Oriental Education & Technology EDU -63% on report China considering tutoring companies become non profits.Gaotu Techedu GOTU -59% on report China considering tutoring companies become non profits.TAL Education TAL -53% on report China considering tutorin...

solarseven/iStock via Getty Images Goldman Sachs lowers its rating on Boston Beer (SAM) to Neutral from Buy. "We are very surprised by the magnitude of this quarter’s miss which came in well below expectations despite [management]’s consistently confident tone as recently as our...

Image source: The Motley Fool. The Boston Beer Company, inc (NYSE: SAM) Q2 2021 Earnings Call Jul 22, 2021 , 5:00 p.m. ET Operator Continue reading For further details see: The Boston Beer Company, inc (SAM) Q2 2021 Earnings Call Transcri...

The Boston Beer Company, Inc. (SAM) Q2 2021 Earnings Conference Call July 22, 2021 05:00 PM ET Company Participants Jim Koch - Founder and Chairman Dave Burwick - CEO Frank Smalla - CFO Conference Call Participants Bonnie Herzog - Goldman Sachs Vivien Azer - Cowen Eric Serotta - Evercore Laur...

Boston Beer (SAM): Q2 GAAP EPS of $4.75 misses by $1.84.Revenue of $602.8M (+33.3% Y/Y) misses by $54.85M.Gross margin was 45.7% for the second quarter, a decrease from 46.4% last year.Outlook: The Company currently projects full year 2021 earnings per diluted share to be between $18.00 and $...

Boston Beer Reports Second Quarter 2021 Results PR Newswire BOSTON , July 22, 2021 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported second quarter 2021 net revenue of $602.8 million , an increase of $150.7 million or 33.3%, from the...

Boston Beer (NYSE: SAM) has been right more often than not about what people want to drink. From craft beer to hard tea, cider, seltzer, and lemonade, the brewer has usually been in the vanguard of beverage tastemakers. While some miscues have occurred (sorry, I thought the Sam ...