Boston Beer Company (SAM) PT Raised to $151 at Jefferies

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/6/2026

1. USO
2. MRVL
3. SPY
4. NVDA
5. GOOGL
6. CHRW
7. HUBS
8. RXO
9. OPCH
10. BBIO

Go back to Boston Beer Company (SAM) PT Raised to $151 at Jefferies

Boston Beer Reports Second Quarter 2016 Results

July 21, 2016 4:15 PM EDT

BOSTON, July 21, 2016 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported second quarter 2016 net revenue of $244.8 million, a decrease of $7.4 million or 3%, from the same period last year, mainly due to a decline in shipments of 4%, partially offset by price increases.  Net income for the second quarter was $26.6 million, or $2.06 per diluted share, a decrease of $3.3 million or $0.12 per diluted share, from the second quarter of 2015.  This decrease was primarily due to decreases in net revenue, a decrease in gross margins and increases in general and administrative expenses, that were only... More