Boston Beer Co.NYSE
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  • Fri, Oct. 21, 11:51 AM
    | Fri, Oct. 21, 11:51 AM | 8 Comments
  • Thu, Oct. 20, 4:33 PM
    • Boston Beer (NYSE:SAM) is down almost 3% in after-hours trading after Q3 revenue fell off 14% Y/Y and missed the consensus estimate by over $25M.
    • Depletions were down 8% during the quarter. Barrels sold fell 11.9% to 1.131M.
    • "We saw a further slowdown in growth across the Craft brewing industry," noted Chairman Jim Koch.
    • Previously: Boston Beer misses by $0.12, misses on revenue (Oct. 20)
    | Thu, Oct. 20, 4:33 PM | 4 Comments
  • Thu, Oct. 20, 4:19 PM
    • Boston Beer (NYSE:SAM): Q3 EPS of $2.48 misses by $0.12.
    • Revenue of $253.4M (-13.5% Y/Y) misses by $25.51M.
    • Shares -1.4%.
    • Press Release
    | Thu, Oct. 20, 4:19 PM | 10 Comments
  • Wed, Oct. 19, 5:35 PM
    | Wed, Oct. 19, 5:35 PM | 28 Comments
  • Wed, Oct. 19, 1:17 PM
    • Barron's has introduced a tracking index of stocks favored by younger consumers.
    • Though the combined performance on the group of 50 stocks smashed the returns of the S&P 500 over the last five years, this year it lags slightly so far.
    • As expected, the price-earnings ratio of the Barron's Next 50 Index skews higher due to the focus on longer-term millennial growth.
    • Some of the companies making the initial list are Amazon (NASDAQ:AMZN), Barnes & Noble Education (NYSE:BNED), Boston Beer (NYSE:SAM), Chipotle (NYSE:CMG), Etsy (NASDAQ:ETSY), GameStop (NYSE:GME), GoPro (NASDAQ:GPRO), GrubHub (NYSE:GRUB), Kate Spade (NYSE:KATE), Live Nation (NASDAQ:LIVE), Lululemon (NASDAQ:LULU), MasterCard (NYSE:MA), Match Group (NASDAQ:MTCH), Monster Beverage (NASDAQ:MNST), Shake Shack (NYSE:SHAK), Square (NYSE:SQ), and Yelp (NYSE:YELP).
    • A millennial-focused ETF launched last spring, the Global X Millennial Thematic ETF (NASDAQ:MILN), has outperformed the S&P 500 Index over its brief history.
    | Wed, Oct. 19, 1:17 PM | 74 Comments
  • Tue, Oct. 18, 12:41 PM
    • Boston Beer (SAM +2.5%) and Craft Brew Alliance (BREW +0.8%) are tracking higher after Nielsen reports beer sales in the U.S. were 1.5% higher for a four-week tracking period.
    • It's good timing for Boston Beer which is due to report Q3 earnings on Thursday.
    | Tue, Oct. 18, 12:41 PM
  • Fri, Oct. 14, 12:00 PM
    | Fri, Oct. 14, 12:00 PM
  • Fri, Oct. 7, 8:17 AM
    • Susquehanna analyst Pablo Zuanic fires off some price target changes tied to an internal policy at the firm to move to a December 2017 time frame from December 2016.
    • Boston Beer (NYSE:SAM): PT moves to $162 from $175 vs. yesterday's close of $155.47, rated at Neutral.
    • Dr Pepper Snapple (NYSE:DPS): PT moves to $98 from $104 vs. yesterday's close of $88.04, rated at Neutral
    • SodaStream (NASDAQ:SODA): PT moves to $30 from $20 vs. yesterday's close of $26.08, rated at Neutral.
    • General Mills (NYSE:GIS): PT moves to $61 from $62 vs. yesterday's close of $62.42, rated at Neutral.
    | Fri, Oct. 7, 8:17 AM
  • Wed, Sep. 21, 8:45 AM
    • William Blair initiates coverage on Boston Beer (NYSE:SAM) with an Outperform rating. The investment firm thinks the brewer's presence in the craft beer segment makes it an intriguing investment.
    • It's a different story over at Cowen and Company where the beer stock was moved down to Underperform from Market Perform after its protracted slump. Shares of Boston Beer are down 24% YTD.
    • SA contributor Quinn Foley warned in his Boston Beer breakdown earlier this week that the company could face pricing pressure in the U.S. due to new competition and a rocky economy.
    | Wed, Sep. 21, 8:45 AM | 3 Comments
  • Fri, Sep. 16, 10:21 AM
    • Credit Suisse names its favorite stocks in the beverage sector and cautions on others with a wave of initiations.
    • The investment firm starts off coverage on Monster Beverage (MNST -0.4%), Dr. Pepper Snapple (DPS), and PepsiCo (PEP -0.4%) with Outperform ratings.
    • Neutral ratings filter down on Coca-Cola (KO -0.6%) and Constellation Brands (STZ -1.4%).
    • CS hangs an Underperform rating on Boston Beer (SAM -1.2%).
    • Forward PE ratios on the group: Monster 30.8, Dr. Pepper 20.6, PepsiCo 20.5, Coca-Cola 21.1, Constellations Brands 23.4, Boston Beer 23.2.
    | Fri, Sep. 16, 10:21 AM | 3 Comments
  • Tue, Sep. 13, 12:00 PM
    | Tue, Sep. 13, 12:00 PM | 1 Comment
  • Sat, Aug. 6, 11:06 AM
    • The heavy investment by the automobile industry on self-driving technology could end up benefiting restaurants and beer companies, according to some conjecture from Morgan Stanley.
    • The math from MS works out like this: You take the 39% of the 2.1B global drinking population that drives and factor in that their average intake of alcohol would increase from 1.5 drinks to 2.5 drinks per week with a self-driving car to haul them home. Assign a value per drink of $2.32 and you have an incremental annual benefit of $98B for the restaurant and alcohol industry.
    • There's conflicting data on the impact of Uber (Private:UBER) and Lyft (Private:LYFT) on alcohol consumption, so the Morgan Stanley theory has a ways before playing out. Still, Morgan's Adam Jonas is convinced the automobile industry is heading toward a future of fully autonomous transport in which the driving experience is nostalgic. The buying habits of younger millennials support the thesis to a degree.
    • During the Tesla Motors (NASDAQ:TSLA) earnings call earlier this week, Elon Musk predicted global demand for self-driving cars would reach 2.5B. Execs with General Motors (NYSE:GM), BMW (OTCPK:BMWYY), and Toyota (NYSE:TM) also talked autonomous models in their CCs.
    • If Jonas and Musk are anywhere close to correct, the list of companies that could benefit from the autonomous push includes Buffalo Wild Wings (NASDAQ:BWLD), Dine Equity (NYSE:DIN), Anheuser-Busch InBev (NYSE:BUD), Molson Coors (NYSE:TAP), Boston Beer (NYSE:SAM), Brinker International (NYSE:EAT), Bloomin' Brands (NASDAQ:BLMN), Ignite Restaurant Group (NASDAQ:IRG), Kona Grille (NASDAQ:KONA), Diageo (NYSE:DEO), Constellations Brands (NYSE:STZ), and Craft Brew Alliance (NASDAQ:BREW).
    • Related ETF: BITE.
    | Sat, Aug. 6, 11:06 AM | 108 Comments
  • Mon, Jul. 25, 12:00 PM
    | Mon, Jul. 25, 12:00 PM
  • Fri, Jul. 22, 12:40 PM
    | Fri, Jul. 22, 12:40 PM | 2 Comments
  • Fri, Jul. 22, 12:00 PM
    | Fri, Jul. 22, 12:00 PM
  • Fri, Jul. 22, 11:43 AM
    • Boston Beer (NYSE:SAM) races 17% higher after topping expectations for Q2. Revenue growth and operating margin both came in ahead of estimates.
    • The mid-point of Boston Beer's full-year EPS guidance ($6.40-$7.00) is right at the consensus mark of $6.70. Susquehanna analyst Pablo Zuanic is below the street average with a full-year EPS forecast of $6.32.
    • From the Susquehanna note: "The wide implied guidance gap for 2H raises more questions than answers (as in the low end it implies worsening sales trends despite easier comps). On the other hand, management sounded more constructive about long-term cider category trends (it plans more support), and more in general noted markedly improved summer depletion trends (although it cautioned it was too early to call a turnaround)."
    • Shares of SAM are over $190 for the first time since March. The 52-week high of $260.51 is still a long ways off.
    • Previously: Boston Beer beats by $0.12, beats on revenue (July 21)
    • Previously: Boston Beer higher after topping estimates (July 21)
    | Fri, Jul. 22, 11:43 AM | 6 Comments