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Samuel Adams and Boston Red Sox Toast to Ten More Years of Partnership
GlobeNewswire News Room· 2025-07-11 13:02
Core Insights - Samuel Adams has renewed its multiyear partnership with the Boston Red Sox, remaining the team's Official Beer for the next decade, which began in 2018 [1][3] - The partnership will also include other Boston Beer brands such as Angry Orchard, Truly, and Twisted Tea [1] - The collaboration emphasizes the deep roots of both brands in Boston and their commitment to enhancing the fan experience at Fenway Park [3] Company Overview - Samuel Adams is a leading independent American craft brewer, founded in 1984, known for its flagship Boston Lager and its role in the craft beer revolution [6][7] - The Boston Beer Company, which owns Samuel Adams, has expanded its portfolio to include hard cider, hard seltzer, and hard tea, with a focus on innovation and quality [8] - The company has a philanthropic program called Brewing the American Dream, aimed at supporting entrepreneurs and fellow brewers [6] Partnership Details - The Sam Deck in right field at Fenway Park remains a popular destination for fans, with over 275,000 pints of Sam Adams served [2] - The partnership will feature special events, including watch parties at the Downtown Boston Taproom and Boston Brewery, and the introduction of a new beer, Grand Slam Adams, for the Sox season [3][4] - Samuel Adams has a history of community involvement, including being the official beer of the Boston Marathon and supporting local charities [4]
WEYCO Group, Inc. Second Quarter 2025 Earnings Conference Call
Globenewswire· 2025-07-09 20:05
MILWAUKEE, WI, July 09, 2025 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce second quarter 2025 financial results after the close on Tuesday, August 5, 2025. Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, August 6, 2025, at 11:00 a.m. Eastern Time to discuss the financial results in more detail. To participate in the call, you will first need to pre-register online. Pre-registration takes only a few ...
Boston Beer (SAM) Soars 4.6%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-02 17:30
Company Overview - Boston Beer (SAM) shares increased by 4.6% to $199.64 in the last trading session, following a period of 13.6% loss over the past four weeks, indicating a significant recovery in stock performance [1] - The company is experiencing benefits from brand strength, effective price realization, and procurement savings, which are mitigating the effects of inflationary costs [2] Financial Performance - Boston Beer is projected to report quarterly earnings of $4.40 per share, reflecting a year-over-year increase of 0.2%, with expected revenues of $598.55 million, up 3.4% from the same quarter last year [3] - The consensus EPS estimate for Boston Beer has remained stable over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Boston Beer is part of the Zacks Beverages - Alcohol industry, where another company, Molson Coors Brewing (TAP), saw a 2% increase in its stock price to $49.07, but has returned -9% over the past month [5] - Molson Coors has a consensus EPS estimate of $1.89, which has decreased by 0.7% over the past month, indicating a decline of 1.6% compared to the previous year [6]
Richtech Robotics (RR) Earnings Call Presentation
2025-07-02 05:49
Company Overview - Richtech Robotics designs, develops, and commercializes service robots for businesses in the service sector[3] - The company has installed over 400 robots globally and aims to reach 1,000+ locations by 2026[10, 19, 55] - Richtech is positioned as the world's first AI-driven total robotic solutions provider in hospitality & service sectors[10, 83] Market Opportunity - The serviceable addressable market is highly diversified at $230 billion[10, 83] - The projected service robotics market is expected to reach $17546 billion by 2030[14] - The service robotics market was $7191 billion in 2025 and $5787 billion in 2024[14] - North America holds the largest global share of the service robotics market at 35%[14] - Average hourly earnings in private service-providing industries rose by approximately 37% from March 2024 to March 2025[19] Financial Performance - The company reported revenues of $44 million for the trailing 4 quarters (ended 3/31/2025)[56] - Secured RaaS (Robot-as-a-Service) contracts amount to $65 million, contributing incrementally over lease terms[56] - The company has $318 million in cash & equivalents as of 3/31/2025[56]
Samuel Adams’ Summer Ale Census Uncovers the Truth: Summer = Beer
GlobeNewswire· 2025-07-01 13:02
Core Insights - Samuel Adams' Summer Ale Census reveals that 90% of beer drinkers enjoy beer more frequently in summer, with July being the peak month for beer consumption [2][3] - The survey indicates that a cold brew is essential for maximizing summer enjoyment, highlighting the cultural significance of beer during the season [2][3] Survey Findings - The Samuel Adams Beers of Summer Variety Pack includes four beers: Summer Ale, Porch Rocker, American Light, and a new Blueberry Lager, available nationwide through July [4] - The survey shows that 63% of drinkers pair beer with burgers, 57% with BBQ chicken or ribs, and 48% with hot dogs during summer BBQs [6] - A majority of weekend drinkers start consuming beer before happy hour, with 24% beginning between noon and 2 p.m. and 33% between 2 p.m. and 5 p.m. [6] - Over half of drinkers feel that completing household chores, like mowing the lawn, justifies enjoying a cold beer [6] - One-third of respondents consider their partner as their primary drinking companion, while another third prefers to drink with friends [6] - Nearly one-third of beer drinkers opt for crisp and clean beers in summer, while fruity, tropical, and citrusy options are also popular [6] Company Background - Samuel Adams, founded in 1984, is a leading independent American craft brewer known for its role in the craft beer revolution [5] - The Boston Beer Company, which brews Samuel Adams, has expanded its portfolio to include hard cider, hard seltzer, and hard tea, with a commitment to quality and innovation [7]
Richtech Robotics Announces Inclusion in US small-cap Russell 2000® and Russell 3000® Indices
Globenewswire· 2025-07-01 12:00
For more information on the Russell 2000 and Russell 3000 Indexes and the Russell indexes reconstitution, visit the "Russell Reconstitution" section on the FTSE Russell website. About Richtech Robotics Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to ach ...
Richtech Robotics Joint Venture Partner Secures $4M Sales Agreement to Expand Reach in Asia's AI Robotics Market
GlobeNewswire News Room· 2025-06-30 12:00
LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, today announced the signing of a multi-million-dollar sales agreement with Beijing Tongchuang Technology Development Co., Ltd. by its Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd. The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech ...
Richtech Robotics Joint Venture Partner Secures $4M Sales Agreement to Expand Reach in Asia’s AI Robotics Market
Globenewswire· 2025-06-30 12:00
The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech's key product lines: ADAM, Scorpion, and Titan. The deal expands the company's footprint in China and opens the door for additional potential opportunities across the Asian market. The agreement is expected to increase the company's fourth quarter revenue as well as to drive recurring revenue moving forward. Agreement with Beijing Tongchuang Technology Development Co., Ltd. str ...
Will Constellation Brands' Focus on Core Brands Deliver in 2025?
ZACKS· 2025-06-27 15:36
Key Takeaways STZ's beer business, nearly 83% of sales, is expected to grow 0-3% in fiscal 2026. A multi-year plan aims to revive wine and spirits with high-end offerings and better margins. STZ plans to drive growth through brand-building, innovation, premiumization and cost savings.Constellation Brands, Inc. (STZ) is a powerhouse in the alcoholic beverage industry, with balanced presence across beer, wine and spirits. The company continues to prioritize premiumization, brand strength and portfolio optim ...
Richtech Robotics’ AI-Driven Robot ADAM Invited to Support Event by the United States Space Force Historical Foundation
GlobeNewswire· 2025-06-26 12:00
Core Insights - Richtech Robotics Inc. will showcase its AI-powered robot, ADAM, at the Legacy of Launch 75th Anniversary event on July 24, 2025, at the Kennedy Space Center [1][3] - The event aims to celebrate 75 years of achievements in space exploration and inspire future innovations [2] - ADAM's participation highlights the potential of AI and robotics in enhancing human experiences, particularly in the hospitality and entertainment sectors [3][4] Company Overview - Richtech Robotics specializes in AI-driven service robots, focusing on transforming the service industry through innovative robotic solutions [6] - The company has deployed over 400 robots across various sectors, including restaurants, hotels, and healthcare facilities, with notable clients such as Hilton and Boyd Gaming [5] - Richtech Robotics aims to create enhanced interactions and efficiency in service delivery through its collaborative robotic solutions [6] Future Prospects - The company sees potential for ADAM and its industrial counterpart, Titan, to explore space-related applications, indicating a strategic direction for future growth [4] - The participation in high-profile events like the Legacy of Launch positions the company as a leader in intelligent automation and innovation [4]