BOSTON (AP) — BOSTON (AP) — Boston Beer Co. (SAM) on Thursday reported a loss of $145.3 million in its first quarter.
The Boston-based company said it had a loss of $13.88 per share. Earnings, adjusted for non-recurring costs, came to $1.64 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share.
The brewer posted revenue of $461.6 million in the period. Its adjusted revenue was $433.9 million, also missing Street forecasts. Four analysts surveyed by Zacks expected $436.8 million.
Boston Beer expects full-year earnings in the range of $8.50 to $10.50 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAM at https://www.zacks.com/ap/SAM
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
