Boston Beer Co. (SAM) - NYSE
  • Fri, Apr. 22, 12:46 PM
    | Fri, Apr. 22, 12:46 PM | 3 Comments
  • Fri, Apr. 22, 12:36 PM
    • Boston Beer founder Jim Koch says the craft beer industry could hit a brick wall in the next several years as the market hits a saturation point.
    • Koch thinks the number of brewers will max out at around 10K within the next two to three years. The bad news is that mark is more than double the number of craft breweries currently in operation.
    • Yesterday, Boston Beer (SAM -10.6%) reported a 6% drop in Q1 volume due in part to the proliferation of craft breweries.
    • Shares of Boston Beer are at a 52-week low.
    • Now read the Boston Beer earnings call transcript
    | Fri, Apr. 22, 12:36 PM
  • Thu, Apr. 21, 5:39 PM
    • Top gainers, as of 5.25 p.m.: AMD +20.1%. CXRX +10.4%. HBI +6.4%. SKX +4.5%. MT +4.0%.
    • Top losers, as of 5.25p.m.: LAKE -15.3%. SAM -12.0%. GOOG -5.5%. HAL -5.2%. SBUX -4.9%.
    | Thu, Apr. 21, 5:39 PM | 9 Comments
  • Nov. 11, 2015, 11:07 AM
    • There are some gentle gains across the beer sector after Anheuser-Busch InBev (BUD +1.1%) and SABMiller (OTCPK:SBMRY +2.2%) formalize their merger plan.
    • Heineken (OTCQX:HEINY +1.6%), Molson Coors (TAP +0.7%), Ambev (ABEV +0.9%), Carlsberg (OTCPK:CABGY +5.9%), Craft Brew Alliance (BREW +1.8%), and Boston Beer (SAM +0.2%) are showing increases of varying degrees.
    • Most analysts think the beer giants will make the necessary concessions to appease regulators in the U.S. and China. On SA, Chris DeMuth says the deal will extend the reach of the best operators in the business.
    • Molson Coors in particular is widely identified as a winner in the deal through its pickup of a full stake in MillerCoors. Still to play out is what beer company makes a bid for SABMiller's position in CR Snow in China. China Resources Beer Holdings (OTCPK:CRHKY, OTC:CRHKF) is the 51% owner of the alluring JV.
    • Previously: Molson Coors sees huge synergies down the road from MillerCoors deal (Nov. 11 2015)
    • Previously: AB InBev, SABMiller seal MegaBrew deal (Nov. 11 2015)
    | Nov. 11, 2015, 11:07 AM | 2 Comments
  • Oct. 30, 2015, 11:11 AM
    • Boston Beer (NYSE:SAM) is down 9% on heavy volume after warning on trends with Samuel Adams beers.
    • Execs said increased competition from smaller craft brewers is impacting established brands.
    • Guidance from Boston Beer is for 2016 depletions and shipments percentage growth in the mid to high single digits. Gross margin rate is expected to fall in a 52% to 54% range.
    • Previously: Boston Beer beats by $0.16, beats on revenue (Oct. 29 2015)
    • Boston Beer earnings call webcast
    | Oct. 30, 2015, 11:11 AM | 2 Comments
  • Sep. 16, 2015, 9:56 AM
    | Sep. 16, 2015, 9:56 AM | 5 Comments
  • Feb. 25, 2015, 12:48 PM
    | Feb. 25, 2015, 12:48 PM | 4 Comments
  • Feb. 24, 2015, 5:39 PM
    • Top gainers, as of 5:15 p.m.: BNFT +30.0%. RUBI +13.2%. ZAGG +9.9%. NKTR +9.4%. FLTX +7.4%.
    • Top losers, as of 5:15 p.m.: SLCA -11.7%. LC -10.7%. DWA -9.1%. SAM -8.0%. HPQ -6.5%.
    | Feb. 24, 2015, 5:39 PM | 7 Comments
  • Feb. 24, 2015, 5:26 PM
    • In addition to missing Q4 revenue estimates (while beating on EPS), Boston Beer Co. (NYSE:SAM) is guiding for 2015 EPS of $7.10-$7.50, below a $7.96 consensus. Depletions and shipments are expected to rise 8%-12%, and gross margin to be in a range of 51%-53% (compares with 2014's 51.5%).
    • CEO Martin Roper: "In the fourth quarter we had lower sales and marketing spending and higher shipments than expected, which resulted in higher earnings than anticipated.  Looking forward, we are excited, but expect the competitive environment to be tougher. We therefore anticipate the need to increase investing in advertising, promotional and selling expenses..."
    • The Sam Adams maker's depletions rose 13% Y/Y in Q4, a slowdown from Q3's 21%. As of Feb. 14, depletions were up 12% Y/Y in 2015.
    • Gross margin slipped to 50% from 51% a year ago, while ad, promotional, and selling expenses were flat. For the whole of 2014, capex totaled $151.8M. It's expected to fall to $80M-$110M in 2015.
    • Shares have fallen to $280.00 AH.
    • Q4 results, PR
    | Feb. 24, 2015, 5:26 PM | 4 Comments
  • Jan. 21, 2015, 7:40 PM
    • Endo International (NASDAQ:ENDP) +2.9% AH on news it will join the S&P 500 later this month, replacing Covidien (NYSE:COV) after its acquisition by Medtronic (NYSE:MDT), which is expected to close next week.
    • Also, Boston Beer (NYSE:SAM) will take ENDP’s spot on the S&P MidCap 400, and Southside Bancshares (NASDAQ:SBSI) is tapped to join the S&P SmallCap 600.
    | Jan. 21, 2015, 7:40 PM | 1 Comment
  • Sep. 16, 2014, 1:57 PM
    • Cowen Research initiates Boston Beer (SAM +3.3%) with a rosy Outperform rating and $250 price target.
    • The investment firm thinks the brewer has done a solid job of keeping its brands vibrant.
    • Expecting a Boston Beer takeover? Insko Capital Management's Tim Insko rains on that parade with a dig into the company's SEC filings.
    | Sep. 16, 2014, 1:57 PM | 1 Comment
  • Jun. 12, 2014, 8:06 AM
    • Boston Beer (SAM) is upgraded by Credit Agricole to an Outperform rating.
    • Beer stocks have been on the radar of analysts with mega-merger rumors swirling.
    • SAM +0.5% premarket
    | Jun. 12, 2014, 8:06 AM
  • Jul. 31, 2013, 5:02 PM
    • 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.
    | Jul. 31, 2013, 5:02 PM | 1 Comment
  • May 2, 2013, 12:59 PM
    Midday top 10 gainers: IFT +46%. BBW +32%. STAA +26%. YELP +25%. RTK +19%. NETE +17%. ATTU +17%. OMG +16%. MTSN +15%. TOWR +13%.
    Midday top 10 losers: NBL -72% (split). AVNW -15%. CIG -15%. SMA -15%. DXPE -14%. SAM -12%. LCUT -11%. AZK -10%. GTAT -10%. NEWP -9%.
    | May 2, 2013, 12:59 PM
  • May 2, 2013, 10:17 AM
    Shares of Boston Beer (SAM -8.7%) get hammered after the company misses estimates with its Q1 report. A downgrade from Credit Agricole to Underperform isn't lightening the mood any. During the earnings call, execs made it clear the brewer will back Samuel Adams with capital and brand investments to help it recover from a market share decline. (transcript)
    | May 2, 2013, 10:17 AM
  • Apr. 19, 2013, 4:53 PM
    Beer brewers Molson Coors (TAP +6%), Boston Beer Co. (SAM +4.1%), and Craft Brew Alliance (BREW +4.5%) all closed with strong gains. News of Anheuser Busch's deal with the DOJ regarding the Grupo Modelo acquisition, replete with multiple U.S.-related concessions, may have helped.
    | Apr. 19, 2013, 4:53 PM | 1 Comment
Company Description
Boston Beer Co., Inc. engages in the business of producing and selling alcoholic beverages. It produces malt beverages and hard cider products at company owned breweries and under contract arrangements at other brewery locations. The company operates through two segments: Boston Beer Company and... More
Industry: Beverages - Brewers
Country: United States