SAM
The Boston Beer Company, Inc.201.40
+2.71+1.36%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.19BP/E (TTM)
23.36Basic EPS (TTM)
8.62Dividend Yield
0%Recent Filings
8-K
8-K
8-K
CFO RSU and $50M buyback plan
Boston Beer granted CFO Diego Reynoso a $1.2 million RSU award on August 11, 2025, vesting fully on August 11, 2026, to aid retention amid the ongoing CEO transition. Separately, the company adopted a 10b5-1 plan that day to repurchase up to $50 million in Class A shares from September 29 to December 26, 2025. This dual move signals board confidence in leadership stability. Yet risks linger from the CEO shift.
8-K
CEO transition to founder Koch
Boston Beer Company announced on August 1, 2025, that CEO Michael Spillane will step down effective August 15, 2025, for personal reasons, with no disagreements on operations. Founder Jim Koch, who led as CEO from 1984 to 2001, will resume the role on August 16, 2025, without compensation changes. Spillane stays on the board through 2026 and advises until March 31, 2026, at $905,000 annual salary through November 15, 2025, then $10,000 quarterly. Leadership returns to its roots amid industry dynamics.
10-Q
Q2 FY2025 results
Boston Beer posted solid Q2 gains, with net revenue up 1.5% y/y to $587.9M on slight volume dip offset by pricing and mix, while gross profit surged 9.8% y/y to $292.5M as efficiencies and recipe tweaks trimmed costs 5.5% y/y. Operating income climbed 15.9% y/y to $82.1M, though ad spending rose 10.7% y/y to fuel brands like Sun Cruiser and Dogfish Head; diluted EPS hit $5.45, up 24.1% y/y, reconciling neatly with 11.1M shares. YTD, revenue grew 3.6% y/y to $1.04B, net income 30.7% y/y to $84.8M, with operating cash flow at $128.4M and free cash flow $104.3M (derived), bolstered by $212.4M cash and $150M revolver availability. Brewery impairments ticked up to $5.0M, yet liquidity stays strong. Tariffs pose a $15-20M headwind this year.
IPO
Website
Employees
Sector
Industry
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