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Why Boston Beer (SAM) Stock Is Trading Lower Today

Shares of beer company Boston Beer (NYSE:SAM) fell 15.8% in the morning session after the company reported fourth-quarter results with revenue, and EPS missing analysts' expectations. The topline growth continued to decrease in absolute terms, led by a 9% drop in Depletions (due to declines in Truly Hard Seltzer, partially offset by increases in Twisted Tea and growth in Samuel Adams Non-Alcoholic styles and Dogfish Head Canned cocktails) and a 12.2% drop in Shipments. Free cash flow also came i ....

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Boston Beer plummets as losses widen on worse sales

Boston Beer Company shares fell over 15% on Wednesday after the brewer disappointed with fourth-quarter results. Losses jumped to US$18.1 million over the. ....

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