secwatch.observer — SEC 8-K summary
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Issuer:     BOSTON BEER CO INC (SAM)
CIK:        0000949870
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0000950170-23-002905
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Beer Q4 net loss $11.4M; depletions down 3%; FY2023 EPS guidance $6-$10
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949870/000095017023002905/0000950170-23-002905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949870/000095017023002905/sam-20230215.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002905

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer