Boston Beer Co. (SAM), producer of the Samuel Adams brand, drops 4.3% after reporting Q2 revenue...

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

Boston Beer Co. (SAM), producer of the Samuel Adams brand, drops 4.3% after reporting Q2 revenue of $134M (+3% Y/Y) and EPS of $1.09, below a consensus of $139M and $1.20. The company is lowering its 2011 EPS guidance to $3.20-$3.60, largely below a $3.58 consensus, and is considering price hikes to offset rising barley costs. (PR)