Boston Beer Co. (SAM) Tops Q4 EPS by 16c, Guides FY EPS In-Line
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Boston Beer Reports Fourth Quarter 2018 Results
February 20, 2019 4:15 PM ESTBOSTON, Feb. 20, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported fourth quarter 2018 net revenue of $225.2 million, an increase of $18.9 million or 9.2% from the fourth quarter of 2017, mainly due to an increase in shipments of 6.3%.  Net income for the fourth quarter was $21.8 million, or $1.86 per diluted share, a decrease of $8.7 million or $0.71 per diluted share from the fourth quarter of 2017. This decrease was primarily due to a fourth quarter 2017 favorable one-time tax benefit of $1.72 per diluted share related to the Tax Cuts and Jobs Act of 2017. Operating income for the fourth... More
