{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-197451","form_type":"8-K","ticker":"SAM","cik":"0000949870","company_name":"BOSTON BEER CO INC","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.964210+00:00","generated_at":"2026-05-15T01:35:00.583969+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Boston Beer Q1 GAAP loss $13.88/sh on $175.5M litigation charge; FY guidance cut","bullets":["Net revenue $433.9M, down 4.4%; depletions fell 4%, shipments down 6.9%.","GAAP diluted loss per share $13.88 includes $15.52/sh non-recurring litigation expense; non-GAAP diluted EPS $1.64.","Recorded $175.5M pre-tax verdict damages plus up to $36.5M pre-judgment interest; intends to appeal.","FY 2026 guidance narrowed: GAAP EPS ($7.02)-($5.02) (was $8.50-$11.00); non-GAAP EPS $8.50-$10.50.","Cash $164.1M, no debt; repurchased $31.2M shares YTD through April 24."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-197451","json":"https://secwatch.observer/filing/0001193125-26-197451.json","markdown":"https://secwatch.observer/filing/0001193125-26-197451.md","text":"https://secwatch.observer/filing/0001193125-26-197451.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/949870/000119312526197451/0001193125-26-197451-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/949870/000119312526197451/sam-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:35:00.583969+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":"afaffd1c0a0b397670337aed94ca073dfc7dbe63","claim":"BOSTON BEER CO INC reported first quarter ended March 28, 2026 results: revenue $433.9 million, EPS GAAP diluted loss per share of $13.88, which includes non-recurring litigation expenses of $15.52 per share.","evidence_excerpt":"The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the first quarter ended March 28, 2026. Key results were: First Quarter 2026 Summary: • Depletions decreased 4% and shipments decreased 6.9% • Net revenue of $433.9 million decreased 4.4% • Gross margin of 49.3% up 100 basis points year over year • GAAP diluted loss per share of $13.88, which includes non-recurring litigation expenses of $15.52 per share • Non-GAAP diluted earnings per share of $1.64","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/949870/000119312526197451/0001193125-26-197451-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 28, 2026"},{"label":"Revenue","value":"$433.9 million"},{"label":"EPS","value":"GAAP diluted loss per share of $13.88, which includes non-recurring litigation expenses of $15.52 per share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}