{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-055629","form_type":"8-K","ticker":"SAM","cik":"0000949870","company_name":"BOSTON BEER CO INC","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.487539+00:00","generated_at":"2026-06-09T09:33:51.074460+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 Q3 depletions down 6%; net revenue up 0.9% to $601.6M; guidance narrowed","bullets":["Depletions decreased 6% (fiscal) and ~3% (comparable weeks); shipments down 2.5%.","Net revenue increased 0.9% to $601.6M; gross margin improved 250bps to 45.7%.","Net income of $45.3M ($3.70 diluted EPS) includes $16.4M non-cash Dogfish Head impairment.","Year-to-date share repurchases $69.4M; cash $310.8M, no debt.","Full-year 2023 guidance narrowed: depletions -5% to -7%, GAAP EPS $6.04-$8.04 (from $6-$10)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-055629","json":"https://secwatch.observer/filing/0000950170-23-055629.json","markdown":"https://secwatch.observer/filing/0000950170-23-055629.md","text":"https://secwatch.observer/filing/0000950170-23-055629.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/949870/000095017023055629/0000950170-23-055629-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/949870/000095017023055629/sam-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:33:51.074460+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":"d97640f9e1721c3dfb135ccb2df03488643f6562","claim":"BOSTON BEER CO INC reported third quarter of 2023 results: revenue $601.6 million, net income $45.3 million, EPS $3.70.","evidence_excerpt":"approximately 3% on a comparable week basis • Shipments decreased 2.5% on a fiscal calendar basis and decreased 1.8% on a comparable week basis • Net revenue increased 0.9% to $601.6 million • Gross margin increased 250 basis points to 45.7% • Net income of $45.3 million, which includes non-cash brand impairment charges of $16.4 million and the related tax benefit •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017023055629/0000950170-23-055629-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Revenue","value":"$601.6 million"},{"label":"Net income","value":"$45.3 million"},{"label":"EPS","value":"$3.70"},{"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"}