{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-035172","form_type":"8-K","ticker":"SAM","cik":"0000949870","company_name":"BOSTON BEER CO INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.115523+00:00","generated_at":"2026-06-13T02:03:52.759052+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Boston Beer Q2 net income +8.8% to $58M, EPS $4.72; maintains FY guidance, boosts ad spend","bullets":["Net revenue fell 2.1% to $603.3M; depletions -3%, shipments -4.5%.","Gross margin improved 230 bps to 45.4% on price realization and procurement savings.","Twisted Tea grew; Truly, Angry Orchard, Samuel Adams declined.","FY 2023 guidance: depletions/shipments unchanged (down 2%-8%); ad spend raised to $20-$40M.","Cash from ops $119M; $207.8M cash, no debt; $52.5M in share buybacks YTD."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-035172","json":"https://secwatch.observer/filing/0000950170-23-035172.json","markdown":"https://secwatch.observer/filing/0000950170-23-035172.md","text":"https://secwatch.observer/filing/0000950170-23-035172.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/949870/000095017023035172/0000950170-23-035172-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/949870/000095017023035172/sam-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:03:52.759052+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":"dbb329e35dd59dd3131bcfba93be55166ee07682","claim":"BOSTON BEER CO INC reported second quarter that ended July 1, 2023 results: revenue $603.3 million, net income $58.0 million, EPS $4.72. Guidance reaffirmed.","evidence_excerpt":"• Net revenue decreased 2.1% to $603.3 million • Gross margin increased 230 basis points to 45.4% • Net income increased 8.8% to $58.0 million • Diluted income per share increased 9.5% to $4.72","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017023035172/0000950170-23-035172-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter that ended July 1, 2023"},{"label":"Revenue","value":"$603.3 million"},{"label":"Net income","value":"$58.0 million"},{"label":"EPS","value":"$4.72"},{"label":"Guidance","value":"reaffirmed"},{"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"}