Boston Beer Co. (SAM) Tops Q4 EPS by 3c, FY15 EPS Guidance Misses
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Price: $290.82 +1.65%
EPS Growth %: +100.0%
Financial Fact:
Gross profit: 133.61M
Today's EPS Names:
CP, RUSHA, SEIC, More
EPS Growth %: +100.0%
Financial Fact:
Gross profit: 133.61M
Today's EPS Names:
CP, RUSHA, SEIC, More
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Boston Beer Co. (NYSE: SAM) reported Q4 EPS of $1.40, $0.03 better than the analyst estimate of $1.37. Revenue for the quarter came in at $233 million versus the consensus estimate of $235.96 million.
Boston Beer Co. sees FY2015 EPS of $7.10-$7.50, versus the consensus of $7.96.
- Depletions and shipments percentage growth of between 8% and 12%.
- National price increases of between 1% and 2%.
- Gross margin of between 51% and 53%.
- Increased investment in advertising, promotional and selling expenses of between $25 million and $35 million. This does not include any increases in freight costs for the shipment of products to the Company's distributors.
- Increased expenditures of between $10 million to $15 million for continued investment in Alchemy & Science brands, which are included in our full-year estimated increases in advertising, promotional and selling expenses. These estimates could change significantly and 2015 volume from these brands is unlikely to cover these and other potential Alchemy & Science brand investments.
- Effective tax rate of approximately 38% based upon current tax laws and underlying regulations.
- Estimated capital spending of between $80 million and $110 million, which could be significantly higher, depending on capital required to meet future growth. These estimates include capital investments for existing Alchemy & Science projects of between $3 million and $5 million
For earnings history and earnings-related data on Boston Beer Co. (SAM) click here.
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