Core Insights - Starcore International Mines Ltd. has reported a return to full production with earnings from mining operations of $2.1 million and positive cash flow for the third quarter ended January 31, 2025 [2] - The company anticipates further increases in monthly metal production following the finalization of carbonaceous ore tests [2] Financial Highlights - Revenues for the three months ended January 31, 2025, were $9,014 thousand, compared to $6,784 thousand for the same period in 2024, representing a 33.8% increase [2] - Cost of sales increased to $6,889 thousand from $5,989 thousand year-over-year [2] - Net income for the quarter was $294 thousand, a recovery from a loss of $154 thousand in the same quarter of the previous year [2] - EBITDA for the nine months ended January 31, 2025, was $1,668 thousand, compared to a loss of $620 thousand in the same period of 2024, resulting in an EBITDA margin of 7.3% [3][5] Production Highlights - Gold production for the three months ended January 31, 2025, was 2.2 thousand ounces, while silver production was 8.2 thousand ounces [6] - The gold equivalent ounces produced were 2.3 thousand, with a silver to gold equivalency ratio of 87.3 [6] - The mine's gold recovery rate was 82.4%, and silver recovery was 49.1% for the same period [6] Cash Position - As of January 31, 2025, the company had cash and short-term investments totaling $2.3 million [4] - Gold and silver sales amounted to $9.0 million for the quarter [4] Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and has expanded its operations internationally [7] - The company emphasizes corporate social responsibility and aims to enhance long-term shareholder value [7]

BOSTON, March 03, 2025 (GLOBE NEWSWIRE) -- Samuel Adams proudly opens applications for its annual Brewing & Business Experienceship, the signature initiative of the brand's philanthropic program, Brewing the American Dream®. In the search for its 14th Experienceship winner, the craft beer pioneer is offering brewers across the country a chance at unparalleled mentorship and resources to help grow their business. The Brewing & Business Experienceship awards one lucky craft brewer the opportunity to work with ...

Philanthropic Program of Brewing Pioneer Kicks Off Annual Initiative to Nurture and Empower the Future of Craft Beer Samuel Adams Brewing the American Dream® Opens Applications In Search of 14th Brewing & Business Experienceship Winner Brewing & Business Experienceship 2024 Winner (Beny Ashburn, Crowns & Hops Co-Founder and a coworker) with Jim Koch BOSTON, March 03, 2025 (GLOBE NEWSWIRE) -- Samuel Adams proudly opens applications for its annual Brewing & Business Experienceship, the signature initiative ...

The Boston Beer Company, Inc. (NYSE: SAM ), the alcoholic beverage company with brands such as Samuel Adams Lager, Twisted Tea, Truly, and others, has continued to show stagnant sales, split between weak Truly sales but strong Twisted Tea momentum. The companyI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securitie ...

Core Insights - Boston Beer Company reported a wider-than-expected adjusted loss per share of $1.68 for Q4 2024, compared to a loss of $1.49 in the same quarter last year, while revenues of $402.3 million exceeded estimates and increased by 2.2% year-over-year [1][2] Financial Performance - Net revenues of $402.3 million increased by 2.2% from the prior-year quarter and surpassed the Zacks Consensus Estimate of $390 million, driven by higher prices and lower returns, although partially offset by soft volumes and elevated excise taxes [2] - The gross profit rose by 8.7% year-over-year to $160.7 million, with gross margin expanding by 230 basis points to 39.9% from 37.6% in the year-ago quarter, benefiting from higher revenues and procurement savings [6] - Advertising, promotional, and selling expenses increased by 8.5% to $139.5 million due to higher brand and selling expenses, while general and administrative expenses rose by 9.1% to $47.7 million [7] Shipment and Inventory - Shipment volume declined by 0.5% year-over-year to nearly 1.5 million barrels in Q4, with flat depletions year-over-year, primarily due to weak performance from Truly Hard Seltzer, offset by growth in other brands [4] - As of December 28, 2024, distributor inventory averaged nearly four weeks on hand, down from five and a half weeks in the previous quarter [5] Future Guidance - For 2025, the company anticipates depletions and shipments to be in the range of low single-digit declines to low single-digit increases, with a price hike of 1-2% expected to offset commodity and inflationary impacts [12] - The company projects a gross margin of 45-47% for 2025, accounting for negative impacts from shortfall fees and non-cash expenses [13] - Capital spending is expected to be between $90-$110 million, primarily for brewery enhancements, with GAAP earnings per share projected to be in the range of $8-$10.50 for 2025 [14]

Shares of Boston Beer (SAM 4.32%) were breaking out today after the craft brewer and malt beverage maker beat top-line expectations in its fourth-quarter earnings report.While the company is still facing a number of challenges, there are signs in the report that the Sam Adams parent is finally starting to turn the corner. As of 10:39 a.m. ET, the stock was up 4.7% on the news. Sam Adams breaks out the bubblyBoston Beer is still facing general headwinds, but the quarterly trends showed improvement from earli ...

Boston Beer reported mixed earnings for Q4 2024, exceeding revenue expectations but missing profit forecasts.Craft beverage specialist Boston Beer (SAM 0.20%) reported mixed fourth-quarter and full-year 2024 results on Tuesday, Feb. 25. Net revenue of $402.3 million beat expectations of $389 million, primarily due to price hikes and a favorable sales tax change from last year. However, profits fell short with an adjusted EPS loss of $1.68 underperforming the expected loss of $1.31, largely due to a $26 mill ...

The Boston Beer Company, Inc. (NYSE:SAM) Q4 2024 Earnings Conference Call February 25, 2025 5:00 PM ET Company Participants Michael Andrews - Associate General Counsel and Corporate Secretary James Koch - Chairman, Founder, and Brewer Michael Spillane - President and Chief Executive Officer Diego Reynoso - Chief Financial Officer and Treasurer Conference Call Participants Kaumil Gajrawala - Jefferies Robert Ottenstein - Evercore ISI Michael Lavery - Piper Sandler Eric Serotta - Morgan Stanley Nadine Sarwat ...

Boston Beer (SAM) came out with a quarterly loss of $1.68 per share versus the Zacks Consensus Estimate of a loss of $1.18. This compares to loss of $1.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -42.37%. A quarter ago, it was expected that this brewer would post earnings of $4.96 per share when it actually produced earnings of $5.35, delivering a surprise of 7.86%.Over the last four quarters, the company has surpassed ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 1-14092 THE BOSTON BEER COMPANY, INC. (Exact name of registrant as specified in its charter) Massachusetts 04-32 ...