secwatch.observer — SEC 8-K summary
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Issuer:     BOSTON BEER CO INC (SAM)
CIK:        0000949870
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0000950170-25-058091
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Beer Q1 net revenue $453.9M (+6.5%), EPS $2.16 (+108%)
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- Net revenue $453.9M (+6.5%); gross margin 48.3% (up 460 bps); net income $24.4M (+93.8%); diluted EPS $2.16 (+108%).
- Depletions -1%, shipments +5.3%; growth in Twisted Tea, Hard Mountain Dew, Sun Cruiser; Truly declined.
- Cash $152.5M, no debt; $60.5M share repurchases year-to-date; $367M remaining on buyback authorization.
- Full-year 2025 guidance reiterated; tariffs expected to reduce EPS by $1.25-$1.90 ($20-$30M cost impact).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949870/000095017025058091/0000950170-25-058091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949870/000095017025058091/sam-20250424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-058091

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