Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") reports the results for the first quarter ended July 31, 2024, for the Company and its mining operations in Queretaro, Mexico. The full version of the Company's Financial Statements and Management's Discussion and Analysis can be viewed on the Company's website at www.starcore.com, or SEDAR+ at www.sedarplus.ca. All financial information is prepared in accordance wi ...

Core Insights - Dogfish Head has announced the return of its seasonal drink, Punkin Ale, for the 30th consecutive year, featuring a 7.0% ABV and brewed with real pumpkin and spices [1][3] - The Punkin Ale is part of Dogfish Head's Art Series, showcasing artwork by Methane Studios, which features a unique Jack O'Lantern character [2] - In addition to Punkin Ale, Dogfish Head is introducing a limited-edition Punkin Liqueur with a 30% ABV, distilled from Punkin Ale and aged in rum barrels [3] - A new variation of the World Wide Stout, named Affogato World Wide Stout, has been launched with a 15.0% ABV, incorporating espresso and vanilla flavors [4] - Dogfish Head's Fall Variety Pack includes a new brew, Tasty Traveler Jasmine Rice Lager, with a 5.0% ABV, alongside other popular beers [5][6] Product Details - Punkin Ale: 7.0% ABV, brewed with pumpkin, brown sugar, and spices, available nationwide [1] - Punkin Liqueur: 30% ABV, available in 375ml bottles, made from Punkin Ale and aged in rum barrels [3] - Affogato World Wide Stout: 15.0% ABV, a dark Imperial Stout with espresso and vanilla [4] - Tasty Traveler Jasmine Rice Lager: 5.0% ABV, brewed with jasmine rice and citrus flavors, included in the Fall Variety Pack [5][6] - Other beers in the Fall Variety Pack: 60 Minute IPA (6.0% ABV), SeaQuench Ale (4.9% ABV), Blue Hen Pilsner (4.8% ABV) [6] Company Background - Dogfish Head has been committed to brewing unique beers with high-quality ingredients for nearly 30 years, expanding into spirits and ready-to-drink cocktails [9] - The company operates multiple venues, including a production brewery, distillery, brewpub, and a beer-themed hotel [9]

Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or "the Company") announces production results for the first fiscal quarter ended July 2024, at its San Martin Mine ("San Martin") in Queretaro, Mexico. "The first quarter results are indicative of the average production we expect to see in the coming quarters," said Salvador Garcia, COO of the Company. "The results reflect the current situation at San Martin and include only the oxide ...

BOSTON, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company's Samuel Adams brand, one of the originators of the craft beer movement, dominated the podium at the World Beer Awards in the U.K. last week with four of its entries winning both Gold and Best in Country awards. To find any of these awardwinning beers at a store near you, check out the Samuel Adams product finder here. "I'm so proud of all of our brewers, who spent countless hours perfecting the recipes for each of these beers," said Jim Koch ...

Caesars' petition for new hearing before the high court is denied in case centering on deal to bring new multimillion-dollar gaming technologies to market LAS VEGAS, Aug. 6, 2024 /PRNewswire/ -- The Nevada Supreme Court has denied a request from Caesars Entertainment to reconsider a case involving Tipping Point Gaming (TPG). TPG had been working closely with Caesars Entertainment (NASDAQ: CZR) to bring new gaming technology to market. Caesars now faces a new trial on fraud claims, amongst other tort claims, ...

BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM) today announced that it appointed Biz Stone and Joe Jordan to its Board of Directors, effective July 29, 2024. Mr. Stone will serve as an independent Class B Director, filling the vacancy created by the retirement of David A. Burwick, sitting on the Board's Compensation Committee and Nominating/Governance Committee. Mr. Jordan will serve as an independent Class A Director, a new seat recently added to the Board, sitting on t ...

"Our operations made significant advancements in the last two quarters of the fiscal year which resulted in net income of $0.03 per share for the year," reported Robert Eadie, Chief Executive Officer. "Our mining operations at San Martin reported healthy profits from mining operations in this period due to improved grades and, of course, metal prices. We continue to invest in San Martin and other projects in Mexico to complement our operations and build shareholder value." | --- | --- | --- | --- | |------- ...

The Sam Adams parent is getting closer to returning to growth. As of 12:17 p.m. ET, the stock was up 6.1% on the news. The quarterly report was far from stellar, but considering the company's recent struggles, it was enough to please investors. Management said that demand improved during the quarter after a weak start in April, and the company also said gross margin increased 60 basis points to 46%. However, the bottom line still came up short, falling from $4.72 to $4.39, which was well below the consensus ...

Core Viewpoint - The Boston Beer Company, Inc. (SAM) reported disappointing second-quarter 2024 results, with both net sales and earnings missing the Zacks Consensus Estimate, primarily due to weak performance in the Truly Hard Seltzer segment [12][13]. Financial Performance - Earnings per share for the second quarter were $4.39, missing the Zacks Consensus Estimate of $4.99 and declining 7% year over year [1]. - Net revenues totaled $579.1 million, a decrease of 4% from the prior year and below the Zacks Consensus Estimate of $595 million [13]. - Shipment volume fell 6.4% year over year to 2.2 million barrels, while depletions volume decreased by 4% [15]. - Gross profit declined 2.8% year over year to $266.5 million, but gross margin improved by 60 basis points to 46% [16]. Cost Management - Advertising, promotional, and selling expenses decreased by 3.5% to $144.2 million, attributed to lower freight costs and reduced spending on brand media [4]. - General and administrative expenses rose by 7% year over year to $48 million, mainly due to increased salaries and benefits [17]. Inventory and Supply Chain - As of June 29, 2024, distributor inventories averaged three and a half weeks, below the targeted four to five weeks, impacting the company's ability to meet demand [3]. Share Repurchase and Guidance - The company repurchased $127 million in Class A common stocks year to date, with $140 million remaining under its current share repurchase authorization of $1.2 billion [5]. - Boston Beer reaffirmed its 2024 guidance, projecting GAAP earnings per share between $7.00 and $11.00, with depletions and shipments expected to decline by low single digits to zero [6].

Goldman Sachs analyst Bonnie Herzog reiterated a Sell rating, while reducing the price target from $210 to $230. RBC Capital Markets analyst Nik Modi maintained a Sector Perform rating, while cutting the price target from $332 to $318. Piper Sandler analyst Michael Lavery reaffirmed an Overweight rating, while slashing the price target from $344 to $325. RBC Capital Markets: "As expected, category pressures were too much to overcome in the near term and resulted in a more muted volume outlook for the year," ...