Boston Beer(SAM)
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Boston Beer(SAM) - 2024 Q3 - Quarterly Results
2024-10-24 20:27
Exhibit 99 Investor Relations Contact: Media Contact: Jennifer Larson Dave DeCecco (617) 368-5152 (914) 261-6572 jennifer.larson@bostonbeer.com dave.dececco@bostonbeer.com BOSTON BEER REPORTS THIRD QUARTER FINANCIAL RESULTS BOSTON (October 24, 2024) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the third quarter ended September 28, 2024. Key results were: Third Quarter 2024 Summary: • Depletions decreased 3% and shipments decreased 1.9% • Net revenue increased 0.6% to $6 ...
Boston Beer Reports Third Quarter Financial Results
GlobeNewswire News Room· 2024-10-24 20:15
BOSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the third quarter ended September 28, 2024. Key results were: Third Quarter 2024 Summary: Depletions decreased 3% and shipments decreased 1.9%Net revenue increased 0.6% to $605.5 millionGross margin of 46.3% up 60 basis points year over yearGAAP diluted earnings per share of $2.86, which includes a non-cash brand impairment charge of $2.49 per share recorded in the third quarter of 2024N ...
Starcore Provides Updates
Newsfile· 2024-10-22 00:01
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2024) - Starcore International Mines Ltd. (TSX: SAM) (FSE: V4JA) ("Starcore" or the "Company") is pleased to announce that operations at San Martin have resumed with the mine returning to normal capacity and productivity, following the upgrades to safety standards that were put into immediate effect by the Company. "We would like to thank the Secretaria del Trabajo y Prevision Social (Secretary of Labor & Social Welfare), the Procuraduría Federal d ...
Are Investors Undervaluing The Boston Beer Company (SAM) Right Now?
ZACKS· 2024-10-09 14:45
Core Insights - The Boston Beer Company (SAM) is currently identified as a strong value stock with a Zacks Rank of 2 (Buy) and an A grade for Value [3][6] - SAM's Price-to-Sales (P/S) ratio is 1.52, which is lower than the industry average of 1.9, indicating potential undervaluation [4] - The Price-to-Cash Flow (P/CF) ratio for SAM is 15.83, significantly below the industry average of 49.77, suggesting a favorable cash outlook [5] Valuation Metrics - The P/S ratio of SAM is 1.52 compared to the industry's average of 1.9, highlighting its relative undervaluation [4] - SAM's P/CF ratio stands at 15.83, with historical highs of 24.90 and lows of 15.13 over the past year, indicating a strong cash flow position [5] - The median P/CF for SAM is 17.88, further supporting its undervaluation narrative [5] Investment Outlook - Given the strength of SAM's earnings outlook and its favorable valuation metrics, it is positioned as one of the market's strongest value stocks [6]
Samuel Adams Showcases Over 15 Years of Small Business Support with the Launch of Inaugural “Our American Dream Cookbook”
GlobeNewswire News Room· 2024-10-01 13:18
BOSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Samuel Adams Brewing the American Dream, the revolutionary philanthropic program aimed at providing mentorship and funding to food and beverage entrepreneurs nationwide, is pleased to announce the launch of Our American Dream Cookbook. Our American Dream Cookbook not only celebrates 40 years since Jim Koch ignited the craft beer revolution with Samuel Adams, but also brings to life over 15 years of work done by Brewing the American Dream to uplift passionate craftsp ...
Starcore Announces Increase in Mineral Reserves and Mineral Resources as of April 30, 2024
Newsfile· 2024-09-23 06:30
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - Starcore Mines International Ltd. (TSX: SAM) ("Starcore" or the "Company") reports its estimated mineral reserves and mineral resources as at April 30, 2024 for its San Martin Mine, located in Queretaro State, Mexico. The report has been filed on SEDAR+ and is also available on the Company's website www.starcore.com. Mineral Reserves as of April 30, 2024 Proven and Probable mineral reserves are estimated to contain approximately 96,298 oun ...
Starcore Reports Q1 Results
Newsfile· 2024-09-16 06:30
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 ...
Dogfish Head Punkin Ale Makes Autumnal Return with All-New Artwork
GlobeNewswire News Room· 2024-09-05 15:35
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]
Starcore Announces First Quarter Production Results
Newsfile· 2024-08-19 06:30
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 ...
SAMUEL ADAMS DOMINATES WORLD BEER AWARDS WITH FOUR GOLDS AS NEW AMERICAN LIGHT CONTINUES ITS EXPANSION IN THE U.S.
GlobeNewswire News Room· 2024-08-13 13:51
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 ...