Highest-materiality recent filing
Boston Beer annual meeting: say-on-pay fails, director Joyce sees majority withhold votes
Advisory say-on-pay vote: 2,418,918 for vs 3,250,742 against; resolution not approved.
Boston Beer Co. gets $191M final judgement in Ardagh suit; interest lowered $21M
Court entered amended final judgement: $175.5M damages + $15.5M pre-judgement interest = $191.0M total.
Boston Beer Q1 GAAP loss $13.88/sh on $175.5M litigation charge; FY guidance cut
Net revenue $433.9M, down 4.4%; depletions fell 4%, shipments down 6.9%.
Boston Beer faces $175.5M jury verdict in Ardagh can-supply dispute
Jury verdict on April 6, 2026 awards ~$175.5M to Ardagh, including offset of Boston Beer's counterclaim.
Boston Beer Q4 net loss $22.5M; FY net income $108.5M; guides FY2026 EPS $8.50-$11.00
Q4 diluted loss per share $2.12 on net revenue $385.7M (-4.1%); depletions decreased 6%.
Boston Beer Q3 net revenue down 11.2% to $537.5M; raises 2025 EPS guidance to $7.80-$9.80
Q3 net revenue $537.5M (-11.2% YoY); diluted EPS $4.25.
Boston Beer names new COO, promotes supply chain head; details compensation
Phil Hodges named COO, reporting to CEO Jim Koch; Phil Savastano promoted to Chief Supply Chain Officer.
Boston Beer CEO Michael Spillane steps down; founder Jim Koch reassumes CEO role
Michael Spillane resigns as President and CEO effective August 15, 2025 for personal reasons; no disagreement with company.
Boston Beer Q2 EPS $5.45 beats, margins improve 380bps; cuts full-year volume guidance
Q2 net revenue $587.9M (+1.5%); diluted EPS $5.45 (+24.1%) vs prior year.
Boston Beer authorizes $50M repurchase; CFO sets 10b5-1 plan for 4,155 shares
Company entered a 10b5-1 plan to repurchase up to $50M of Class A Common Stock from June 30 to Sept 26, 2025.
Boston Beer Q1 net revenue $453.9M (+6.5%), EPS $2.16 (+108%)
Net revenue $453.9M (+6.5%); gross margin 48.3% (up 460 bps); net income $24.4M (+93.8%); diluted EPS $2.16 (+108%).
Boston Beer Q4 net rev +2.2%, GAAP loss $3.38/diluted; FY24 non-GAAP EPS $9.43 +31.5%
Q4 net revenue $402.3M (+2.2% YoY); GAAP diluted loss $3.38 (includes $1.70 contract settlement expense).
Paid $26M to Rauch North America for amendment/restatement of production agreement, boosting flexibility and termination rights.
Depletions fell 3% and shipments down 1.9%; growth in Twisted Tea, Sun Cruiser, Hard Mountain Dew partially offset declines in Truly Hard Seltzer.
Boston Beer expands stock buyback authority by $400M to $1.6B
Board authorized a $400M increase in the share repurchase program on October 2, 2024.
Boston Beer Q2 depletions down 4%, net revenue falls 4%; guidance for volume lowered
Q2 depletions decreased 4%, shipments down 6.4%; net revenue $579.1M, down 4.0%.
Boston Beer Q1 net revenue $426M (+3.9% YoY); EPS $1.04; reiterates FY guidance
Net revenue $426.1M (+3.9% YoY); diluted EPS $1.04; gross margin 43.7% (+570 bps).
On March 12, 2025, Jean-Michel Valette informed the Board of Directors of the Company that he will not stand for re-election as a Director of the Company at the end of his current term and will retire from the Board effective as of the conclusion of the Company’s 2025 Annual Meeting of Stockholders.
On July 29, 2024, Christopher I. “Biz” Stone and Joseph H. “Joe” Jordan were appointed to the Company’s Board of Directors, effective immediately.
On July 29, 2024, Christopher I. “Biz” Stone and Joseph H. “Joe” Jordan were appointed to the Company’s Board of Directors, effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event other_material