Boston Beer Co., Inc. - Ordinary Shares - Class A

NYSE:SAM   3:59:59 PM EDT
514.51
-11.18 (-2.13%)
Other Pre-Announcement

Boston Beer Financial Guidance Update

Published: 09/08/2021 20:41 GMT
Boston Beer Co., Inc. - Ordinary Shares - Class A (SAM) - Boston Beer Financial Guidance Update.
Since Last Guidance Update Market for Hard Seltzer Products Has Continued to Experience Decelerating Growth Trends.
Believe There Will Be Continuing Uncertainty About Hard Seltzer Demand Trends for Remainder of 2021.
Withdrawing Its 2021 Financial Guidance Issued on July 22, 2021.
Expects Full Year 2021 Earnings per Diluted Share Will Fall Below Previously-reported Estimate of Between $18.00 and $22.00.
FY2021 Earnings per Share View $20.46 -- Refinitiv Ibes Data (analyst estimates).