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Boston Beer Co., Inc. - SAM STOCK NEWS

Welcome to our dedicated news page for Boston Beer Co. (Ticker: SAM), a resource for investors and traders seeking the latest updates and insights on Boston Beer Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Boston Beer Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Boston Beer Co.'s position in the market.

Rhea-AI Summary
TeaPot, the cannabis-infused iced tea brand from The Boston Beer Company, introduces its new Blackberry Rooibos style, a low-dose cannabis beverage designed for evening relaxation. The beverage is non-caffeinated, low in sugar, and contains 5mg of THC per 355 mL can, catering to consumers seeking a calming experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
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Rhea-AI Summary
Jim Beam introduces four new varietals of Ready-To-Drink beverages, Jim Beam Kentucky Coolers, in collaboration with The Boston Beer Company. The new flavors include Orange Crush, Peach Crush, Blueberry Lemonade, and Strawberry Lemonade, offering a refreshing and light drinking experience. These malt-based beverages aim to bring people together over delicious flavors and are now available in a convenient 12-pack format nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
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Rhea-AI Summary
Twisted Tea Hard Iced Tea introduces Twisted Tea Cheater Pants, a unique innovation providing golfers with an extra ball in their pants for a second chance on the course. Priced at $18.00 per pair, these -edition pants are available for purchase on the Tea Store. The pants feature a hidden magnet in a special pocket that releases the extra ball through a secret hole down the pant leg onto the green, allowing golfers to discreetly drop the ball wherever needed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
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Rhea-AI Summary
Samuel Adams offers craft brewers a unique opportunity through its Brewing & Business Experienceship program. The company opens applications for the annual program, providing mentorship and collaboration opportunities. The 2023 winner, Funkytown Brewery, is set to release a collaborative brew with Samuel Adams. This initiative, part of the Brewing the American Dream® program, aims to support food and beverage entrepreneurs nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
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Rhea-AI Summary
Dogfish Head Craft Brewery announces Sippin’ & Flippin’, a nationwide giveaway called, offering music-lovers the chance to win an all-expenses paid trip for two to a concert of their choosing. The event includes a partnership with Record Store Day, sponsored concerts, and events throughout April. Lucky winners who find golden records hidden in select record stores will win prizes and be entered for the grand prize trip. The promotion aims to celebrate the unique culture of independently owned record stores.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
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Rhea-AI Summary
Truly Hard Seltzer launches Truly Tequila Soda, a spirits-based seltzer with real fruit juice, premium Tequila Blanco, and four delicious flavors. The product is now available nationwide in sleek cans, offering a light, refreshing taste experience with 5% ABV and 110 calories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
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Rhea-AI Summary
The Boston Beer Company introduces Sun Cruiser Iced Tea & Vodka, a new hard iced tea with real ingredients, low calories, and no bubbles. Available in various flavors, the drink is set to roll out in 17 markets with national distribution later. Fans can enter to win a hot air balloon ride to view the upcoming solar eclipse.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
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Rhea-AI Summary
Dave Burwick is retiring as President and CEO of The Boston Beer Company, with Michael Spillane set to take over on April 1, 2024. Under Burwick's leadership, the company's revenue doubled, and its stock delivered an average annual return of 12%, outperforming other U.S. beer producers. Burwick's strategic vision led to the success of billion-dollar brands like Twisted Tea and Truly, positioning Boston Beer as a major player in the 'beyond beer' market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.76%
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Rhea-AI Summary
Boston Beer Company, Inc. (SAM) reported financial results for Q4 and full fiscal year 2023. Depletions and shipments decreased, net revenue declined, but gross margin improved. SAM generated $265M in operating cash flow, ended with $298.5M in cash, and no debt. SAM repurchased $128.5M in shares. Despite challenges, SAM aims for revenue and margin improvement in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.76%
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Rhea-AI Summary
Dogfish Head Cocktails launches two new higher-ABV recipes, Pineapple Orange Rum Mai Tai and Passion Fruit Citrus Vodka Mule. These ready-to-drink cocktails feature real spirits and fruit juices for unique flavor experiences. Available nationwide now.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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Boston Beer Co., Inc.

NYSE:SAM

SAM Rankings

SAM Stock Data

3.43B
9.15M
7.72%
75.57%
2.09%
Breweries
Manufacturing
Link
US
Boston

About SAM

The Boston Beer Company is an American brewery founded in 1984. Their first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery. The Boston Beer Company is the fourth largest brewer in the United States with products available throughout the United States and internationally.