Boston Beer Reports Third Quarter Financial Results
Boston Beer Company, Inc. (The) (SAM)
Last boston beer company, inc. (the) earnings: 4/22 04:15 pm
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US:NYSE Investor Relations:
bostonbeer.com/overview
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Source: GlobeNewswire
BOSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the third quarter ended September 28, 2024. Key results were: Third Quarter 2024 Summary: Depletions decreased 3% and shipments decreased 1.9%Net revenue increased 0.6% to $605.5 millionGross margin of 46.3% up 60 basis points year over yearGAAP diluted earnings per share of $2.86, which includes a non-cash brand impairment charge of $2.49 per share recorded in the third quarter of 2024Non-GAAP diluted earnings per share of $5.35 Year-to-date 2024 Summary: Depletions decreased 3% and shipments decreased 2.9%Net revenue decreased 0.3% to $1.611 billionGross margin of 45.5% up 190 basis points year over yearGAAP diluted earnings per share of $8.27, which includes a non-cash brand impairment charge of $2.49 per share recorded in the third quarter of 2024Non-GAAP diluted earnings per share of $10.76 Capital Structure Generated $207.0 million in operating cash f
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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