Boston Beer Co. (SAM) Tops Q3 EPS by 79c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/19/2026

1. SPY
2. CRWV
3. EYPT
4. NVDA
5. SLGN
6. CLF
7. TSLA
8. SLN
9. MANE
10. ABBV

Go back to Boston Beer Co. (SAM) Tops Q3 EPS by 79c

Boston Beer Reports Third Quarter 2017 Results

October 26, 2017 4:15 PM EDT

BOSTON, Oct. 26, 2017 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported third quarter 2017 net revenue of $247.0 million, a decrease of $6.4 million or 3% from the third quarter of 2016, mainly due to a decline in shipments of 4%.  Net income for the third quarter was $33.7 million, or $2.78 per diluted share, an increase of $2.1 million or $0.30 per diluted share from the third quarter of 2016.  This increase in net income was primarily due to a decrease in general and administrative expenses, increases in gross margin and a lower tax rate that were partially... More