SAMBoston Beer Co., Inc. - Ordinary Shares - Class A
Earnings Recap
• Reported GAAP EPS of -$13.88 down -742.59% YoY • Reported revenue of $433.93M down -4.39% YoY • The Boston Beer Company projects full-year 2026 depletions and shipments to decline low-single to mid-single digits, with gross margin at 48% to 50%. GAAP EPS is guided to a loss of $7.02 to $5.02, including litigation expenses.
Bullish
The Boston Beer Company achieved gross margin expansion, maintained a strong balance sheet with no debt, and continues to invest strategically in its diverse brand portfolio and innovation initiatives.
Bearish
The Boston Beer Company experienced declining depletions and revenue, incurred a significant GAAP loss due to litigation expenses, and anticipates ongoing commodity and tariff cost headwinds throughout the year.