SAM Boston Beer Co., Inc. - Ordinary Shares - Class A

$SAM hey 30k shares covered yesterday keep it up! RH shows short inventory as none. That’s a positive change 🍻

$SAM SI still above 26%. Think covered 1k shares net yesterday lol 🍻 plenty of demand still percolating.

Starting to think some of these recent moves are causing inverse related distortions in other sectors/names. Take a look at $SAM, up 35% since the start of Oct. $RH up 32% since Oct 14th And there are others ( $NXT in the middle of a move)

$SAM Q3 revenue was 520.1 million dollars, down 3.2% year over year, and non-GAAP EPS was 4.37 dollars vs 4.30 dollars expected (Zacks). Depletions fell 5%, with Twisted Tea, Truly and Samuel Adams all down, partly offset by Sun Cruiser and Angry Orchard. Gross margin still expanded to 51.7%, up 90 basis points, on mix, pricing and brewery efficiencies. Guidance went both ways. The non-GAAP EPS guide low end rose to 9.00 dollars from 8.50, and the gross margin guide low end rose to 49%, but the full-year depletions outlook worsened to down mid-single digits. Tariff costs are now seen at 18 to 22 million dollars, down from 20 to 30 million. Cash was 308.1 million dollars with no debt, and buybacks were 79.5 million dollars through mid-October.

$SAM $520M revenues? Seeing conflicting reports from the twitter bots. Anyways got some lowball bids in just in case. 🍻

$SAM Appears to be a sleeper break out. More conviction if it closes out the week strong. Hey, it's election season. Maybe more people drink. lol

$SAM Gemini says..... "The move higher is being driven by a combination of positive Wall Street analyst adjustments—including a price target lift from Morgan Stanley—and ongoing market optimism following their recent Q3 earnings report. Investors have been responding favorably to the company's improved gross margin performance and higher non-GAAP earnings guidance, alongside strong interest in seasonal product rollouts like the Twisted Tea holiday countdown calendar."

$SAM Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $4.21 down -0.94% YoY • Reported revenue of $520.1M down -3.24% YoY • The Boston Beer Company estimates tariffs will have an unfavorable cost impact for full year 2026 of approximately $18M to $22M, and anticipates approximately $22M in future production shortfall fees.

$SAM Boston Beer lifts 2026 non-GAAP EPS guide to $9.00-$10.50 from $8.50-$10.50. 🏢 Brewer of Samuel Adams, Twisted Tea, Truly and Sun Cruiser 🚀 The bottom of its 2026 gross margin guide also rose to 49% from 48.5%, after a 51.7% Q3 margin 🏦 Worth about $2.05B at $197.26 a share at 15:59 ET on Oct 22, 2026; $308.1M cash, no debt at Sept 26 ⚠️ 2026 volume guide cut to down mid-single digits from low-to-mid; $194.5M litigation charge accrued, unpaid; post-trial motions, appeals planned 📅 Next: 2027 guidance on the Q4 earnings call in February 2027 Source: GlobeNewswire release + SEC 8-K, Oct 22