Previous close | 293.30 |
Open | 291.29 |
Bid | 0.00 x 1100 |
Ask | 0.00 x 800 |
Day's range | 286.44 - 294.10 |
52-week range | 274.78 - 395.52 |
Volume | |
Avg. volume | 144,787 |
Market cap | 3.45B |
Beta (5Y monthly) | 1.02 |
PE ratio (TTM) | 46.26 |
EPS (TTM) | 6.21 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 313.71 |
Boston Beer (SAM) delivered earnings and revenue surprises of 1,200% and 2.87%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Key Financial Metrics Outshine Expectations, Highlighting Robust Market Position
BOSTON, April 25, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the first quarter ended March 30, 2024. Key results were: First Quarter 2024 Summary: Depletions were flat and shipments increased 0.9%Net revenue of $426.1 million increased 3.9%Gross margin of 43.7% up 570 basis points year over yearNet income of $12.6 millionDiluted income per share of $1.04 Capital Structure Ended the first quarter with $205.4 million in cash and no debt