{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-002905","form_type":"8-K","ticker":"SAM","cik":"0000949870","company_name":"BOSTON BEER CO INC","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.689762+00:00","generated_at":"2026-06-19T12:50:53.438521+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Boston Beer Q4 net loss $11.4M; depletions down 3%; FY2023 EPS guidance $6-$10","bullets":["Q4 net loss $11.4M ($0.93 diluted loss) vs net loss $51.8M ($4.22 loss) a year ago.","Net revenue $447.5M, +28.6% YoY; gross margin 37.0% vs 28.7%.","Full year 2022 depletions -5% (52-week: -6%); shipments -3.8% (52-week: -4.6%).","FY2023 guidance: depletions/shipments -2% to -8%; gross margin 41%-43%; GAAP EPS $6-$10.","Cash $180.6M, no debt; repurchased $8.9M in shares Jan 3-Feb 10, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-002905","json":"https://secwatch.observer/filing/0000950170-23-002905.json","markdown":"https://secwatch.observer/filing/0000950170-23-002905.md","text":"https://secwatch.observer/filing/0000950170-23-002905.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/949870/000095017023002905/0000950170-23-002905-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/949870/000095017023002905/sam-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T12:50:53.438521+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4f9826494ebe888c2b98e3c5211b72664488faf0","claim":"BOSTON BEER CO INC reported the full fiscal year 2022 ended December 31, 2022 results: revenue $2.090 billion, net income Net income of $67.3 million, EPS $5.44.","evidence_excerpt":"decreased 5%. Depletions decreased 6% on a 52-week comparable basis • Shipments decreased 3.8%. Shipments decreased 4.6% on a 52-week comparable basis • Net revenue of $2.090 billion increased 1.6% • Gross margin of 41.2% • Net income of $67.3 million • GAAP diluted earnings per share of $5.44, which includes a non-cash impairment charge of $1.61 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017023002905/0000950170-23-002905-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full fiscal year 2022 ended December 31, 2022"},{"label":"Revenue","value":"$2.090 billion"},{"label":"Net income","value":"Net income of $67.3 million"},{"label":"EPS","value":"$5.44"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f8b22d41f238edaa13b9b9e3a1b5e6764c87ead6","claim":"BOSTON BEER CO INC reported the fiscal fourth quarter 2022 ended December 31, 2022 results: revenue $447.5 million, net income Net loss of $11.4 million, EPS $0.93 per diluted share.","evidence_excerpt":"increased 3%. Depletions decreased 3% on a 13-week comparable basis • Shipments increased 16.7%. Shipments increased 10.9% on 13-week comparable basis • Net revenue of $447.5 million increased 28.6% • Gross margin of 37.0% • Net loss of $11.4 million • GAAP diluted loss per share of $0.93 Full Year 2022 Summary: • Depletions decreased 5%. Depletions decreased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017023002905/0000950170-23-002905-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter 2022 ended December 31, 2022"},{"label":"Revenue","value":"$447.5 million"},{"label":"Net income","value":"Net loss of $11.4 million"},{"label":"EPS","value":"$0.93 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}