Boston Beer Company, Inc. SAM reported third-quarter results, with net revenue increasing 0.6% to $605.5 million and a gross margin of 46.3%, rising 60 basis points year over year.Piper Sandler analyst Michael S. Lavery increased the price forecast to $330 from $325, with an Overweight rating.The analyst sees potential growth from the national rollout of Hard Mtn Dew within its own distribution network, primarily in 2025.While transition disruptions have been more significant than expected, Hard Mtn Dew sal ...

The Boston Beer Company, Inc. (SAM) posted third-quarter 2024 results, wherein the bottom line surpassed the Zacks Consensus Estimates, while the top line missed the same. Both net sales and earnings increased from the year-ago period. Results benefited from price increases, lower returns and improved margins, offset by soft volume trends for Truly Hard Seltzer. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The craft brewer reported third-quarter adjusted earnings per share (EPS) ...

The Boston Beer Company, Inc. (NYSE:SAM) Q3 2024 Results Conference Call October 24, 2024 5:00 PM ET Company Participants Mike Andrews - Associate General Counsel & Corporate Secretary Jim Koch - Founder & Chairman Michael Spillane - Chief Executive Officer Diego Reynoso - Chief Financial Officer Conference Call Participants Michael Lavery - Piper Sandler Rob Ottenstein - Evercore ISI Eric Serotta - Morgan Stanley Bonnie Herzog - Goldman Sachs Filippo Falorni - Citi Bill Kirk - Roth Capital Operator Greetin ...

Boston Beer (SAM) came out with quarterly earnings of $5.35 per share, beating the Zacks Consensus Estimate of $4.96 per share. This compares to earnings of $4.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.86%. A quarter ago, it was expected that this brewer would post earnings of $4.99 per share when it actually produced earnings of $4.39, delivering a surprise of -12.02%.Over the last four quarters, the company has su ...

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, 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 ...

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 ...

Vancouver, British Columbia--(Newsfile Corp. - October 15, 2024) - Starcore Mines International Ltd. (TSX: SAM) ("Starcore" or the "Company") announces that it has bought back 8,666,667 common shares (the "Shares") previously issued as partial consideration for a Mineral Property Option Agreement with K Mining SARL ("K Mining"), an Ivorian company, regarding various mineral properties in Cóte d'Ivoire. Starcore negotiated to acquire the Shares from the sole shareholder of K Mining at $0.10 per share, payabl ...

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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 ...