Boston Beer (SAM) “Begs An Examination,” Due To Poor Beer Market, Says Jim Cramer

Core Insights - The Boston Beer Company, Inc. (NYSE:SAM) reported strong third quarter earnings, with adjusted earnings per share of $4.25, surpassing analyst estimates of $3.33 [2] - The company raised its full-year earnings per share guidance to $8.80 from $8.13, indicating positive financial performance despite challenges in the beer market [2] Industry Context - Jim Cramer highlighted the overall weakness in the beer market, noting that major competitors like Molson and Constellation Brands have performed poorly [3] - Cramer expressed surprise at Boston Beer’s performance, suggesting it is an outlier in a declining market, which warrants further examination of the company's financials [3]