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The Boston Beer Company, Inc. - $SAM STOCK NEWS

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

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 The Boston Beer Company'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 The Boston Beer Company's position in the market.

News
Samuel Adams Debuts ‘Due Date, Brew Date’ to Rally Expecting Couples to Embrace a Booze-Free Bond In Solidarity of Their Pregnant Partner
Rhea-AI Summary
Samuel Adams introduces 'Due Date, Brew Date' to reward those who give up alcohol in support of their pregnant partner. The initiative offers a 40-week supply of Samuel Adams non-alcoholic Just the Haze IPA and a 6-pack of Boston Lager for expecting dads and non-carrying mothers who participate. Just the Haze has received several accolades, including a Silver at the 2023 World Beer Cup Awards and a Gold Medal in the Non-Alcoholic Beer Category at the 2022 Great American Beer Fest. The non-alcoholic beer category has seen a 49% increase in volume over the past 3 years, indicating a growing demand for no and low-alcohol beverages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.76%
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News
KEEP IT LIGHT THIS HOLIDAY SEASON: TRULY HARD SELTZER WANTS TO PAY THE UTILITY BILL FOR YOUR HOLIDAY LIGHTS DISPLAY
Rhea-AI Summary
Truly Hard Seltzer (Ticker: TRULY) is running the 'Truly Keep It Light Holiday Edition' contest, where holiday home lighting enthusiasts can enter to win $350 to cover their holiday utility bills. One grand prize winner will receive an epic energy-efficient holiday lighting display upgrade in 2024. The contest is open to all U.S. residents 21+ and aims to spread joy and holiday cheer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
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News
UTOPIAS 2023 CONTINUES THE SAMUEL ADAMS 20+ YEAR TRADITION AS ONE OF THE WORLD'S STRONGEST BEERS
Rhea-AI Summary
Samuel Adams Utopias 2023, a highly sought-after beer, has been released. It is a blend of multiple batches of the brewery's previous Extreme Beers, aged in various types of barrels. The beer is brewed in Ohio, aged in Pennsylvania, blended in Massachusetts, and bottled in Delaware. It is recommended to be served in a two-ounce portion at room temperature. Utopias 2023 is priced at $240 per 24.5-ounce bottle and is available in select specialty beer and liquor stores. However, it is banned in 15 states due to its high alcohol level of 28% ABV.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
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News
BOSTON BEER REPORTS THIRD QUARTER FINANCIAL RESULTS
Rhea-AI Summary
The Boston Beer Company reported its financial results for Q3 2023. Depletions decreased 6% on a fiscal calendar basis, while net revenue increased 0.9% to $601.6 million. Gross margin increased 250 basis points to 45.7%. The company generated $131.3 million in operating cash flow and ended the quarter with $310.8 million in cash and no debt. The CEO stated that they are pleased with their performance and plan to continue investing in their brands for long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.4%
Tags
earnings
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News
Samuel Adams Just Unlocked Beer Lovers' Phobia: Cenosillicaphobia
Rhea-AI Summary
Samuel Adams introduces Beer Fest, Fear Fest, an OctoberFest-themed haunted experience. Drinkers challenged to carry a full pint glass through jump scares. One winner each week gets a season's supply of OctoberFest beer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
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SUMMER AND SELTZER SEASON LIVE ON! TRULY HARD SELTZER CELEBRATES RETURN OF FAN-FAVORITE FLAVOR, TRULY ROSÉ, IN NEWEST LIMITED RELEASE
Rhea-AI Summary
Truly introduces new mix pack with the return of Truly Rosé and three new flavors, giving fans plenty to celebrate as they extend the good vibes of summer into fall festivities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
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Samuel Adams Celebrates 15 Years of Brewing the American Dream and $100 Million in Small Business Funding
Rhea-AI Summary
Samuel Adams' philanthropic program, Brewing the American Dream, has reached a milestone of surpassing $100 million in funding. The program, which supports small food and beverage businesses, has provided loans to over 4,200 small business owners and coaching to 14,000 entrepreneurs. The program has also championed businesses that are 76% BIPOC-owned and 63% female-owned.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
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News
Boston Beer Company Releases 2022 ESG Report
Rhea-AI Summary
Boston Beer Company (NYSE: SAM) Releases 2022 ESG Report Highlighting Progress and Achievements. The report outlines the company's sustainability efforts, including the establishment of an Executive Sustainability Committee, ESG 'Cornerstones of Priority,' and a supplier code of conduct. It also details the company's social impact programs, community involvement, emissions reduction, energy-saving initiatives, and diversity and inclusion efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
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BOSTON BEER REPORTS SECOND QUARTER FINANCIAL RESULTS
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.77%
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earnings
News
TeaPot Introduces first "Good Evening Iced Tea" with New Blueberry Chamomile
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
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Stock SAM logo
The Boston Beer Company, Inc.

NYSE:SAM

SAM Rankings

#1554 Ranked by Market Cap
#2986 Ranked by Stock Gains
N/A Ranked by Dividends

SAM Stock Data

3.12B
9.15M
7.72%
75.57%
2.09%
Breweries
Manufacturing
Link
United States of America
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.