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Beer sales accelerated over the last four weeks, according to the latest Nielsen data on retail store sales. Total beer sales rose 13.7% for the four-week period that ended on October 31. "The hard seltzer category grew 101% YoY in the last 4 weeks (vs 12-week growth of 107%), achieving 8.1% ...
Insider buying edged up a wee bit last week with insiders purchasing $133.12 million of stock. Notable Insider Buys: American Assets Trust, Inc., B. Riley Financial, Inc., OPKO Health, Inc., Covenant Logistics Group, Inc., Charles River Laboratories International, Inc. Notable Ins...
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 to report. Mond...
Investors had some heady expectations about Boston Beer 's (NYSE: SAM) third quarter earnings report. The company's dominant presence in the retailing niche has helped it avoid the sales declines that hurt larger rivals like Anheuser Busch Inbev through the early months of the p...
Boston Beer (NYSE: SAM) just crossed the $1,000 stock price threshold for the first time ever as the brewer and beverage maker has gone on a year-long tear. Despite declining demand from on-premise sales as pandemic-induced capacity restrictions on bars and restaurants limit...
The stock market stumbled into Friday on a negative note, with early gains giving way to modest losses by the late morning. Market participants continued to watch Washington to see whether lawmakers would be able to reach a consensus on spending more money toward supporting the economy, but...
Gainers: Dogness (International) (DOGZ) +36%. Strattec Security (STRT) +27%. Ever-Glory International Group (EVK) +27%. The Boston Beer Company (SAM) +15%. Wah Fu Education Group (WAFU) +12%.Losers: KBS Fashion Group (KBSF) -23%. TuanChe (TC) -22%. Birks Group (BGI) -...
Boston Beer (NYSE: SAM) delivered its third-quarter earnings report Thursday, with results that beat analysts' estimates on earnings, but missed on revenue. It also offered an upbeat outlook for next year. The alcoholic beverage company's adjusted EPS of $6.51 was 24.2% higher t...
Shares of Sam Adams brewer Boston Beer (NYSE: SAM) are up 15% as of 10:30 a.m. EDT today, after the company reported strong third-quarter results late yesterday. In addition, the company significantly increased its 2020 earnings outlook. The company reported a 30% increase in ne...
Boston Beer (SAM) is up 9.79% after strong Q3 results to cross over the $1,000 mark for the first time. Wall Street analysts are positive on SAM after the print. Evercore ISI's Eric Serotta: "Raising 2020-22 estimates and base-case price target to $1,200 following 3Q beat and substantially ab...
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BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM) today announced that it appointed Biz Stone and Joe Jordan to its Board of Directors, effective July 29, 2024. Mr. Stone will serve as an independent Class B Director, filling the vacancy created by the retirement...
2024-07-29 14:38:37 ET Shares of international beer giants Heineken (OTC: HEINY) , Anheuser-Busch InBev (NYSE: BUD) , and Boston Beer (NYSE: SAM) were falling in Monday's trading, down 10.4%, 2.4%, and 3%, respectively, as of 12:38 p.m. ET. These beer giants fell...
2024-07-26 13:21:03 ET Shares of Boston Beer (NYSE: SAM) were moving higher today after the parent of alcohol brands like Sam Adams and Truly hard seltzer posted better-than-expected results in its second-quarter earnings report, even though business continued to decline due to weak...