secwatch.observer — SEC 8-K summary
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Issuer:     BOSTON BEER CO INC (SAM)
CIK:        0000949870
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001193125-26-067142
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Beer Q4 net loss $22.5M; FY net income $108.5M; guides FY2026 EPS $8.50-$11.00
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- Q4 diluted loss per share $2.12 on net revenue $385.7M (-4.1%); depletions decreased 6%.
- FY2025 diluted EPS $9.89 (+95.4%); adjusted EPS up 4.7% excluding prior-year impairment and contract settlement charges.
- FY2025 gross margin 48.5% (+410 bps); operating cash flow $270.2M; cash $223.4M, no debt.
- FY2026 guidance: depletions flat to down mid-single digits, gross margin 48%-50%, EPS $8.50-$11.00.
- Through Feb 20, 2026 repurchased $13.7M in shares; $214.7M remaining on buyback authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949870/000119312526067142/0001193125-26-067142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949870/000119312526067142/sam-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-067142

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