SAM News and Press, Boston Beer Company Inc. From 07/21/22

Boston Beer press release ( NYSE: SAM ): Q2 GAAP EPS of $4.75 beats by $0.29 . Revenue of $616.2M (+2.2% Y/Y) beats by $12.73M . Shares -2.5% . Depletions decreased 7% and shipments declined 1.1% compared to the quarter ended June 26, 2021. Gross ma...

BOSTON BEER REPORTS SECOND QUARTER FINANCIAL RESULTS PR Newswire Second Quarter (13-week) 2022 and Year-to-date 2022 (26-week) Financial Results BOSTON , July 21, 2022 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), today reported finan...

Are These The Best Beverage Stocks To Buy Now? An increasing number of analysts in the stock market have been predicting that a recession would happen sometime this year or next. For this reason, it is no surprise that many investors are cautious about their investments. Hence, ...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due t...

Molson Coors Beverage Company ( NYSE: TAP ) printed a new 52-week high of $58.31 in mid-morning trading on Tuesday as the beer stock defies the downward pressure with the market. Shares of TAP are up 22.6% on a year-to-date basis to easily outperform broad market averages, c...

Analyst comments provided a significant catalyst for midday trading on Thursday. Otis Worldwide ( NYSE: OTIS ) and Boston Beer ( SAM ) both lost ground on separate downgrades. Elsewhere in the market, CytomX Therapeutics ( CTMX ) shed almost a third of its value followin...

Boston Beer Company ( NYSE: SAM ) caught another downgrade on Thursday as RBC indicated it expects “volume woes” to persist. The bank announced a reduction of its rating from a Buy-equivalent to a Neutral-equivalent while slashing its price target from ...

SAN DIEGO, CA / ACCESSWIRE / July 6, 2022 / The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in Boston Beer Company, Inc. shares. Investors, who purchased shares of The Boston Beer Company, Inc. (NYSE:SAM) prior to April 2021 and con...

Beverage sales data is being watched carefully into the Q2 earnings season with some analysts warning that consumers may be showing the first signs of tightening. The non-alcoholic beverage category is not seeing that pushback just yet, with sales gains reported for Coca-Cola ( NY...

UBS screens for the consumer names that would normally do well in a downturn, but carry risks. The S&P 500 ( SP500 ) ( SPY ) finds itself in bear market territory and investors have turned to defensive sectors, according to BofA's survey of client flows. "We identify...