{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-021158","form_type":"8-K","ticker":"SAM","cik":"0000949870","company_name":"BOSTON BEER CO INC","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.397381+00:00","generated_at":"2026-06-05T14:09:01.047420+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Boston Beer Q4 net loss $18.1M; FY2023 EPS $6.21; guides FY2024 EPS $7-$11","bullets":["Q4 2023 net revenue $393.7M (-12% reported, -3.1% comparable); gross margin 37.6% (+60 bps).","FY2023 net income $76.3M ($6.21 diluted EPS); non-GAAP diluted EPS $7.17.","Full-year depletions -6% (-5% on 52-week basis); Twisted Tea grew, Truly decreased.","FY2024 guidance: depletions -low single digit to +low single digit; GAAP EPS $7.00-$11.00.","Repurchased $128.5M in stock since Jan 2, 2023; $230M remaining on buyback authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-021158","json":"https://secwatch.observer/filing/0000950170-24-021158.json","markdown":"https://secwatch.observer/filing/0000950170-24-021158.md","text":"https://secwatch.observer/filing/0000950170-24-021158.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/949870/000095017024021158/0000950170-24-021158-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/949870/000095017024021158/sam-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T14:09:01.047420+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":"66450b08f20d4c2a8ea63fda2ad08012c8014516","claim":"BOSTON BEER CO INC reported fourth quarter of 2023 results: revenue $393.7 million, net income Net loss of $18.1 million, EPS $1.49.","evidence_excerpt":"decreased 9%. Depletions decreased 1% on a 13-week comparable basis • Shipments decreased 12.2%. Shipments decreased 3.5% on a 13-week comparable basis • Net revenue of $393.7 million decreased 12.0%. Net revenue decreased 3.1% on a 13-week comparable basis • Gross margin of 37.6%, up 60 basis points year over year • Net loss of $18.1 million • GAAP diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017024021158/0000950170-24-021158-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Revenue","value":"$393.7 million"},{"label":"Net income","value":"Net loss of $18.1 million"},{"label":"EPS","value":"$1.49"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7451722fbce4748d5bd31389187c089923ae8147","claim":"BOSTON BEER CO INC reported full fiscal year 2023 results: revenue $2.009 billion, net income Net income of $76.3 million, EPS $6.21.","evidence_excerpt":"decreased 6%. Depletions decreased 5% on a 52-week comparable basis • Shipments decreased 6.2%. Shipments decreased 5.2% on a 52-week comparable basis • Net revenue of $2.009 billion decreased 3.9%. Net revenue decreased 2.9% on a 52-week comparable basis • Gross margin of 42.4%, up 120 basis points year over year • Net income of $76.3 million • GAAP diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000095017024021158/0000950170-24-021158-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full fiscal year 2023"},{"label":"Revenue","value":"$2.009 billion"},{"label":"Net income","value":"Net income of $76.3 million"},{"label":"EPS","value":"$6.21"},{"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"}