Boston Beer Q4 Revenue Tops Forecasts

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 ...