Boston Beer reported a 6.4% year-over-year drop in shipment volumes and revised volume guidance down for the full year.Key PointsNet revenue fell 4% year over year due to lower shipment volumes.Rising production costs contributed to net income falling 9.8% to $52.3 million.Management revised down volume guidance for the full year.Beverage specialist Boston Beer (SAM -0.49%)reported Q2 2024 earnings on Thursday that showed a 4% decrease in net revenue year over year to $579.1 million. Net income came in at $ ...

财务数据和关键指标变化 - 第二季度收入下降4%,主要由于销量下降,部分被定价和退货率下降所抵消 [39] - 第二季度毛利率为46%,同比增加60个基点,主要受益于定价上涨、采购成本节约和退货率下降,部分被较低产量和通胀成本上升所抵消 [42] - 公司预计2024年全年毛利率将在43%-45%之间,受到合同罚款和第三方生产预付款摊销的负面影响为135-185个基点 [45] 各条业务线数据和关键指标变化 - Twisted Tea在第二季度增长放缓,主要由于与去年同期相比较高基数所致,但公司仍看好其未来增长潜力 [22][78][79] - Truly Hard Seltzer销量持续下滑,公司正在通过优化口味组合、推出高酒精度创新等措施来改善其表现 [24][25] - 公司正在推进Hard Mountain Dew从Blue Cloud向批发商网络的转移,预计将在2025年产生更多积极影响 [26][27] - 新推出的Samuel Adams American Light在少量上市地区表现良好,公司将采取谨慎的推广策略 [28][29] 各个市场数据和关键指标变化 - 公司在4月份遇到了一些销量下滑,但5月和6月有所改善,预计下半年将好于上半年 [10][11][12][53] - 公司正在努力帮助批发商将库存恢复到正常水平,以满足旺季的需求 [40] 公司战略和发展方向及行业竞争 - 公司将专注于改善端到端的执行能力,以提升收入和利润率 [19] - 公司将通过培养核心品牌、开发利润丰厚的创新产品、提高生产效率等措施来实现业务增长 [20][30][31][32][34] - 公司认为Beyond Beer领域仍有较大增长空间,并将通过Twisted Tea和Sun Cruiser等产品参与其中 [21][22][23][59][60] - 公司将密切关注产品组合,确保新产品的毛利率水平 [30] - 公司将继续优化供应链,通过采购成本节约、生产效率提升等措施来提高利润率 [31][32][33][34] 管理层对经营环境和未来前景的评论 - 管理层认为行业需求在4月份触底后有所好转,预计下半年将好于上半年 [10][11][12][53] - 管理层对Twisted Tea、Sun Cruiser等新品牌的未来增长前景持乐观态度 [21][22][23][59][60] - 管理层认为通过改善执行能力和优化产品组合,公司有望在未来实现业务增长 [19][20][30][31][32] 其他重要信息 - 公司2024年全年每股收益预期为7-11美元,受销量、产品组合、供应链表现和通胀影响等因素的影响 [47] - 公司将继续大规模回购股票,截至7月19日,尚有1.4亿美元的回购额度 [50] - 公司2024年资本支出预计为9000万-1.1亿美元,主要用于提升自有酿酒厂的能力和效率 [49] 问答环节重要的提问和回答 问题1 **Kaumil Gajrawala 提问** 公司是否看到4月份触底后需求有所改善 [52] **Diego Reynoso 回答** 公司看到整个行业4月份表现疲弱,但5月和6月有所好转,预计下半年将好于上半年 [53] 问题2 **Robert Ottenstein 提问** 公司如何看待Beyond Beer领域,尤其是Surfside表现出色的原因 [58] **Michael Spillane 回答** Surfside是一款优质产品,受到消费者欢迎,公司将继续推广新品Sun Cruiser,并相信其也会有不错的表现 [59][60] 问题3 **Bonnie Herzog 提问** 公司对Twisted Tea未来增长前景的看法 [86] **James Koch 回答** 公司预计Beyond Beer领域未来3-5年将保持3%-5%的增长,Twisted Tea作为领导品牌有望保持市场份额,并通过创新进一步提升 [89][90][91]

Boston Beer (SAM) came out with quarterly earnings of $4.39 per share, missing the Zacks Consensus Estimate of $4.99 per share. This compares to earnings of $4.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.02%. A quarter ago, it was expected that this brewer would post earnings of $0.08 per share when it actually produced earnings of $1.04, delivering a surprise of 1,200%.Over the last four quarters, the company has s ...

财务数据 - 公司二季度销量下降4%，出货量下降6.4%[5] - 年初至今销量下降2%，出货量下降3.4%[13] - 公司第二季度收入为5.79亿美元，同比下降4.0%[1] - 截至6月29日的26周内，公司收入为10.05亿美元，同比下降0.8%[1] 盈利能力 - 二季度毛利率为46.0%，同比增加60个基点[7] - 年初至今毛利率为45.0%，同比增加260个基点[14] - 第二季度毛利为2.66亿美元，毛利率为46.0%[1] - 二季度净利润5,230万美元，同比下降9.8%[2] - 年初至今净利润6,490万美元，同比增长32.3%[19] - 第二季度净利润为5,233.9万美元，同比下降9.8%[1] - 第二季度每股收益为4.39美元，同比下降7.0%[1] - 年初至今每股摊薄收益为5.41美元[19] 费用管理 - 第二季度广告、促销和销售费用为1.44亿美元，占收入的24.9%[1] 财务状况 - 截至6月29日，公司现金及现金等价物余额为2.19亿美元[3] - 截至6月29日，公司存货余额为1.52亿美元，较上年末增加32.0%[3] - 截至6月29日，公司应收账款余额为1.25亿美元，较上年末增加87.1%[3]

BOSTON, July 25, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the second quarter ended June 29, 2024. Key results were: Second Quarter 2024 Summary: Depletions decreased 4% and shipments decreased 6.4% Net revenue of $579.1 million decreased 4.0% Gross margin of 46.0% up 60 basis points year over year Net income of $52.3 million, a decrease of $5.7 million or 9.8% Diluted income per share of $4.39 Year-to-date 2024 Summary: Depletions decreased 2% ...

The Boston Beer Company, Inc. (SAM) is scheduled to report second-quarter 2024 results on Jul 25. In the second quarter, the company is anticipated to have registered bottom-line growth from the year-ago quarter’s reported figures.The Zacks Consensus Estimate for earnings is pegged at $4.96 per share, suggesting growth of 5.1% from the year-ago quarter’s actual. The consensus mark for earnings has declined 2.4% in the past 30 days. For quarterly revenues, the consensus estimate is pegged at $595.2 million, ...

The market expects Boston Beer (SAM) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") is pleased to announce the beginning of exploration work on the Kimoukro permit in the central Ivory Coast, some 30 km south of the country's capital, Yamoussoukro. The permit was recently granted to the Ivorian Company, K Mining SARL ("K Mining"), on May 22, 2024, with whom Starcore has a mineral property option agreement to explore K Mining's properties.The initial fi ...

Boston, USA, June 24, 2024 (GLOBE NEWSWIRE) -- TeaPot, the cannabis-infused iced tea brand from The Boston Beer Company, announces two new expansions of its popular product lineup with the debut of Lemonade Iced Tea and CBD Lemon Black Tea. CBD Lemon Black Tea TeaPot's first hemp-derived beverage contains 20mg of CBD and less than 0.5mg of THC. As demand for hemp-derived products grows, TeaPot meets the evolving needs of consumers with a thirst-quenching beverage that provides both great taste and a consist ...

BOSTON, June 17, 2024 (GLOBE NEWSWIRE) -- Just in time for an action-filled summer of soccer, the Official Hard Seltzer of U.S. Soccer, Truly Hard Seltzer, is doubling down on its commitment to elevate the fan experience with the help of U.S. Men's National Soccer Team stars Weston McKennie and Tyler Adams. Beginning with showing Team USA fans that their favorite stars enjoy "Shower Trulys" just like us to introducing an all-new mascot to celebrate the return of the beloved Truly Orange Slices flavor and fu ...