SAM Stock Recent News

Philanthropic Program of Brewing Pioneer Kicks Off Annual Initiative to Nurture and Empower the Future of Craft Beer Philanthropic Program of Brewing Pioneer Kicks Off Annual Initiative to Nurture and Empower the Future of Craft Beer

Boston Beer's sales volumes remain stagnant, but split between weak Truly seltzer sales and strong Twisted Tea momentum. Profitability is worsened by shortfall fees and advertising, offset by productivity initiatives. The company still expects stagnant 2025 sales. Boston Beer's brand building expenses and improving brand mix could start to inflect into improving growth, though. The valuation now primarily reflects Boston Beer's revenue stagnation. I estimate a fair value of $214.

SAM's fourth-quarter 2024 results reflect a wider-than-expected loss per share and a sales beat. Depletions remain flat year over year.

Shares of Boston Beer (SAM 4.61%) were breaking out today after the craft brewer and malt beverage maker beat top-line expectations in its fourth-quarter earnings report.

Craft beverage specialist Boston Beer (SAM 0.20%) reported mixed fourth-quarter and full-year 2024 results on Tuesday, Feb. 25. Net revenue of $402.3 million beat expectations of $389 million, primarily due to price hikes and a favorable sales tax change from last year.

The Boston Beer Company, Inc. (NYSE:SAM ) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Michael Andrews - Associate General Counsel and Corporate Secretary James Koch - Chairman, Founder, and Brewer Michael Spillane - President and Chief Executive Officer Diego Reynoso - Chief Financial Officer and Treasurer Conference Call Participants Kaumil Gajrawala - Jefferies Robert Ottenstein - Evercore ISI Michael Lavery - Piper Sandler Eric Serotta - Morgan Stanley Nadine Sarwat - Bernstein Bonnie Herzog - Goldman Sachs Filippo Falorni - Citi Bill Kirk - Roth Peter Grom - UBS Operator Greetings, and welcome to the Boston Beer Company Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Boston Beer (SAM) came out with a quarterly loss of $1.68 per share versus the Zacks Consensus Estimate of a loss of $1.18. This compares to loss of $1.49 per share a year ago.

BOSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the fourth quarter ended December 28, 2024. Key results were:

The beverage industry players are expected to have gained from expansion, pricing and solid demand, but inflation and currency woes are likely to have posed challenges.

SAM's Q4 results are likely to reflect the headwinds in the hard seltzer category. Pricing, cost cuts and Beyond Beer growth are expected to offer some relief.