Boston Beer faces $175.5M jury verdict in Ardagh can-supply dispute

BOSTON BEER CO INC

Jury verdict on April 6, 2026 awards ~$175.5M to Ardagh, including offset of Boston Beer's counterclaim.
Company to record pre-tax one-time litigation expense of $175.5M plus accrued interest; judgment not entered.
Boston Beer intends to pursue post-trial motions and appeals; denies breaching contract.
Company has $223.4M cash, no debt, $150M credit line; says payout won't materially impact operating plans.
Financial guidance excludes one-time litigation; $25M share repurchase plan active through June 26, 2026.

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