{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-248828","form_type":"8-K","ticker":"SAM","cik":"0000949870","company_name":"BOSTON BEER CO INC","filed_at":"2025-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.701865+00:00","generated_at":"2026-05-17T02:40:05.165057+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 Q3 net revenue down 11.2% to $537.5M; raises 2025 EPS guidance to $7.80-$9.80","bullets":["Q3 net revenue $537.5M (-11.2% YoY); diluted EPS $4.25.","Gross margin 50.8% (+450 bps) benefiting from procurement savings, price increases, and product mix.","Depletions down 3%, shipments down 13.7%; declines in Twisted Tea, Truly, Samuel Adams partially offset by Sun Cruiser and Angry Orchard.","2025 guidance raised: gross margin 47%-48% (from 46%-47.3%), EPS $7.80-$9.80 (from $6.72-$9.54), capex lowered to $50-$70M.","Tariff cost estimate lowered to $9-$13M from prior $15-$20M; EPS impact now $0.60-$0.80."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-248828","json":"https://secwatch.observer/filing/0001193125-25-248828.json","markdown":"https://secwatch.observer/filing/0001193125-25-248828.md","text":"https://secwatch.observer/filing/0001193125-25-248828.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/949870/000119312525248828/0001193125-25-248828-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/949870/000119312525248828/sam-20251023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:40:05.165057+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}