Form 8-K BOSTON BEER CO INC For: Jul 21

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Go back to Form 8-K BOSTON BEER CO INC For: Jul 21

Boston Beer Co. (SAM) Shares Drop 8% on Q2 Earnings Miss and Lowered Guidance

July 21, 2022 5:48 PM EDT

Boston Beer Co. (NYSE: SAM) shares dropped more than 8% after-hours Thursday following the companys reported Q2 results, with EPS of $4.31 coming in worse than the consensus estimate of $4.79.

Revenue for the beer brewer grew 2.2% year-over-year to $655 million, compared to the consensus estimate of... More