YOU WONT BELIEVE: Boston beer company inc org - You Need To See This

Boston Beer Down In Afterhours On Disappointing Q1 Results

Boston Beer Company Inc (NYSE:SAM) reported a first-quarter revenue decline of 21.1% year-over-year to $430.1 million, below the consensus of $447.88 million. EPS decreased to $(0.16), from $5.26 in 1Q21. Q1 depletions decreased by 7%, and shipments were down 25.1% compared to 1Q21. The gross margin declined by 560 bps to 40.2%.…

Benzinga · Apr 21, 2022