Boston Beer Reports First Quarter Financial Results
BOSTON, April 24, 2025 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the first quarter ended March 29, 2025. Key results were: First Quarter 2025 Summary: Depletions decreased 1% and shipments increased 5.3%Net revenue of $453.9 million increased 6.5%Gross margin of 48.3% up 460 basis points year over yearNet income of $24.4 million, an increase of $11.8 million or 93.8% year over yearDiluted income per share of $2.16, an increase of 108% yea