Boston Beer Reports Second Quarter 2020 Results

Go back to Boston Beer Reports Second Quarter 2020 Results

Boston Beer Co. (SAM) Tops Q2 EPS by $2.46

July 23, 2020 4:21 PM EDT

Boston Beer Co. (NYSE: SAM) reported Q2 EPS of $4.88, $2.46 better than the analyst estimate of $2.42. Revenue for the quarter came in at $452.1 million versus the consensus estimate of $429.58 million.

GUIDANCE:

Boston Beer Co. sees FY2020 EPS of $11.70-$12.70, versus the consensus of $9.54.

Reported depletions increased 46% and 43% from the 13- and... More