Boston Beer (SAM) Boosts FY12 EPS View
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Guidance Strong But Goldman Sachs Maintains Sell on Boston Beer (SAM)
December 13, 2012 2:53 PM ESTYesterday, to the surprise of some on Wall Street, Boston Beer Company (NYSE: SAM) raised 2012 EPS guidance to $4.30-$4.60 from $3.80-$4.20. The increase in earnings outlook results from higher shipment volume, SG&A timing, and strength in seasonal bears like Angry Orchard, which surpassed expectations.... More
