Boston Beer tops estimates, lifts guidance

|About: Boston Beer Co. (SAM)|By:, SA News Editor

Boston Beer (SAM) beats on the top and bottom line.

Core shipment growth of 21% Y/Y. Depletions growth comes in at 24%.

Gross margin of 54%. (PR)

FY13 outlook is raised: Depletions growth of 17-22% (from 10-15%), EPS of $5.10-5.40 (from $4.70-5.10), capex of $100-140M (from $85-105M).

Shares +5% AH.