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Boston Beer Company Inc (SAM.N)

SAM.N on New York Stock Exchange

273.92USD
12 Dec 2018
Change (% chg)

$4.95 (+1.84%)
Prev Close
$268.97
Open
$271.40
Day's High
$275.38
Day's Low
$269.00
Volume
23,452
Avg. Vol
27,956
52-wk High
$329.95
52-wk Low
$160.40

Latest Key Developments (Source: Significant Developments)

Boston Beer Reports Third Quarter 2018 Results
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Boston Beer Company Inc ::BOSTON BEER REPORTS THIRD QUARTER 2018 RESULTS.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $7.10 TO $7.70.Q3 EARNINGS PER SHARE $3.21.Q3 REVENUE $306.9 MILLION VERSUS I/B/E/S VIEW $277.8 MILLION.Q3 EARNINGS PER SHARE VIEW $3.35 -- THOMSON REUTERS I/B/E/S.BOSTON BEER COMPANY - ADJUSTED EXPECTATIONS FOR 2018 DEPLETIONS GROWTH, EARNINGS GUIDANCE TO REFLECT TRENDS FOR FIRST 9 MONTHS.SEES 2018 GROSS MARGIN OF BETWEEN 50% AND 52%.SEES 2019 GROSS MARGIN OF BETWEEN 51% AND 53%.FY2018 EARNINGS PER SHARE VIEW $7.55 -- THOMSON REUTERS I/B/E/S.  Full Article

Boston Beer Q2 Earnings Per Share $1.98
Thursday, 26 Jul 2018 

July 26 (Reuters) - Boston Beer Company Inc ::BOSTON BEER REPORTS SECOND QUARTER 2018 RESULTS.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $6.30 TO $7.30.Q2 EARNINGS PER SHARE $1.98.Q2 REVENUE $273.1 MILLION VERSUS I/B/E/S VIEW $273 MILLION.Q2 EARNINGS PER SHARE VIEW $2.81 -- THOMSON REUTERS I/B/E/S.CURRENTLY PROJECTS FULL YEAR 2018 NON-GAAP EARNINGS PER DILUTED SHARE TO BE BETWEEN $6.30 AND $7.30.FULL YEAR 2018 CAPITAL SPENDING IS NOW ESTIMATED TO BE BETWEEN $65 MILLION TO $75 MILLION.BOSTON BEER- FY 2018 DEPLETIONS GROWTH IS NOW ESTIMATED TO BE BETWEEN 7% AND 12%, A RISE FROM PREVIOUSLY COMMUNICATED ESTIMATE OF BETWEEN ZERO AND PLUS 6%..ESTIMATED 2018 CAPITAL SPENDING OF BETWEEN $65 MILLION AND $75 MILLION.SEES 2018 GROSS MARGIN OF BETWEEN 51% AND 53%.FY2018 EARNINGS PER SHARE VIEW $7.95 -- THOMSON REUTERS I/B/E/S.BOSTON BEER -EXPECTS JUNE 30 CASH BALANCE OF $76.2 MILLION, FUTURE OPERATING CASH FLOWS, $150 MILLION LINE OF CREDIT SUFFICIENT TO FUND FUTURE CASH REQUIREMENTS.  Full Article

Boston Beer Company Says Entered Agreement To Amend Co's Existing $150 Mln Revolving Line Of Credit Agreement
Friday, 30 Mar 2018 

March 30 (Reuters) - Boston Beer Company Inc ::BOSTON BEER COMPANY - ON MARCH 27, ENTERED AGREEMENT TO AMEND CO'S EXISTING $150 MILLION REVOLVING LINE OF CREDIT AGREEMENT - SEC FILING.BOSTON BEER COMPANY - AMENDMENT EXTENDS MATURITY DATE OF CREDIT FACILITY UNDER LINE OF CREDIT AGREEMENT FROM MARCH 31, 2019 TO MARCH 31, 2023.  Full Article

Boston Beer enters into plan to repurchase up to $20 mln shares
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Boston Beer Company Inc ::Boston Beer - ‍on Nov 13, co entered into plan to repurchase up to $20 million of class A common stock during period commencing Dec 13 and ending Mar 3, 2018​.  Full Article

Boston Beer reports Q3 earnings per share $2.78
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Boston Beer Company Inc :Boston Beer reports third quarter 2017 results.Sees FY 2017 non-GAAP earnings per share $5.60 to $6.20.Q3 earnings per share $2.78.Q3 revenue $247 million versus I/B/E/S view $256.8 million.Q3 earnings per share view $1.99 -- Thomson Reuters I/B/E/S.Boston Beer Company Inc - sees ‍2017 gross margin of between 51% and 52%​.Boston Beer Company Inc - sees ‍estimated 2017 capital spending of between $35 million and $45 million​.Boston Beer Company Inc - sees 2018 ‍gross margin of between 52% and 53%​.Boston Beer Company Inc - sees ‍2018 estimated capital spending of between $55 million and $65 million​.Fy2017 earnings per share view $5.87 -- Thomson Reuters I/B/E/S.  Full Article

Boston Beer- Board authorized increase in expenditure limit under stock repurchase program to $931 mln
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Boston Beer Company Inc :Boston Beer says on Oct 5 board authorized increase in expenditure limit under stock repurchase program, increasing limit to $931.0 million - SEC filing​.  Full Article

Martin Roper to retire as CEO of Boston Beer Company in 2018
Friday, 3 Feb 2017 

Boston Beer Company Inc : Martin roper to retire as CEO of Boston Beer Company in 2018 .Boston Beer Company-board created search committee and retained Korn Ferry to assist in identifying,evaluating best candidates to succeed roper as CEO.  Full Article

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Trump seeks out business leaders as midterm election looms

BEDMINSTER U.S. President Donald Trump will dine with some of corporate America's top business leaders at his private club on Tuesday, seeking their thoughts on the nation's economy as voters begin heading to the polls ahead of November's midterm election.