(Updated - October 20, 2022 4:21 PM EDT)
Boston Beer Co. (NYSE:SAM) reported Q3 EPS of $3.82, $0.54 better than the analyst estimate of $3.28. Revenue for the quarter came in at $596.5 million versus the consensus estimate of $569.18 million.
- GAAP diluted earnings per share of $2.21, including a non-cash impairment charge of $1.61 per share
Guidance:
- Boston Beer sees FY22 EPS of $7.00 to $10 vs the consensus of $8.33
- Gross Margin 42% to 43.5%