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.