Boston Beer Co. (SAM) Q4 Revenue Tops Consensus

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BOSTON BEER REPORTS FOURTH QUARTER 2022 FINANCIAL RESULTS

February 15, 2023 4:15 PM EST

BOSTON, Feb. 15, 2023 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the fiscal fourth quarter 2022 and full fiscal year 2022 ended December 31, 2022. The 2022 fiscal fourth quarter included 14 weeks and is compared to the 2021 fiscal fourth quarter, which included 13 weeks. The 2022 full fiscal year included 53 weeks and is compared to the 2021 full fiscal year, which included 52 weeks.

Fourth Quarter 2022 Summary:

Depletions increased 3%. Depletions decreased 3% on a 13-week comparable basisShipments increased 16.7%. Shipments increased 10.9% on 13-week... More