Boston Beer CEO: We're looking at cannabis after success of hard seltzer business [CNBC]
Boston Beer Company, Inc. (The) (SAM)
Last boston beer company, inc. (the) earnings: 4/22 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
bostonbeer.com/overview
Company Research
Source: CNBC
Boston Beer CEO: We're looking at cannabis after success of hard seltzer business The CEO of Boston Beer Company "We're not going to be the first one in, but we're going to study and learn once the [hard seltzer] category develops. We'll play it sometime down the road," CEO David Burwick said on " Power Lunch As the cannabis market is emerging, several beverage brands have started to dabble in the space. In 2017, Corona beer maker Constellation Brands bought oration launched Burwick said until Boston Beer moves into the cannabis market it will be "happy to grow double digits with the portfolio that [it has]." The hard seltzer category has expanded in the last few years. According to market research firm Nielsen Boston Beer's Truly hard seltzer makes up about 29% of the market share. "We tripled the brand last year. This year, we're going to come just short of tripling it again. We're investing a lot," the CEO said. The company's flagship brand, Sam Adams, experienced two years The s
Show less
Read more
Impact Snapshot
Event Time:
SAM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SAM alerts
High impacting Boston Beer Company, Inc. (The) news events
Weekly update
A roundup of the hottest topics
SAM
News
- Why Boston Beer (SAM) is a Top Momentum Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Holiday Gift Guide 2024: The Best Gifts For Craft Beer Lovers [Forbes]Forbes
- Twisted Tea Hard Iced Tea Releases 25 Days of Twistmas: A Holiday Countdown for Diehard Fans Looking to Unwrap the Fun, One Can at a Time [Yahoo! Finance]Yahoo! Finance
- Twisted Tea Hard Iced Tea Releases 25 Days of Twistmas: A Holiday Countdown for Diehard Fans Looking to Unwrap the Fun, One Can at a TimeGlobeNewswire
- Boston Beer Company (NYSE:SAM) Will Want To Turn Around Its Return Trends [Yahoo! Finance]Yahoo! Finance
SAM
Earnings
- 10/24/24 - Miss
SAM
Sec Filings
- 11/14/24 - Form 8-K
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- SAM's page on the SEC website