DonCorleone77 Posted - 1 day ago

$SAM Boston Beer backs FY24 adjusted EPS view $8.00-$10.00, consensus $8.98 Backs FY24 capital expenditures view $80M-$95M. Raises FY24 effective tax rate to 34% from 30%. Boston Beer announced an amendment and restatement in its entirety of an existing production agreement with a third-party supplier, Rauch North America. This amendment adjusts the existing production agreement to better match the company's future capacity requirements and more favorable termination rights to the company in exchange for a $26M cash payment to Rauch on or before December 23. As a result of the payment, the company expects to record a pre-tax contract settlement expense of $26M or $1.70 after tax per diluted share impact in the fourth quarter of 2024. For the FY24, the company continues to estimate shortfall fees will negatively impact gross margin by 65 to 75 basis points and the non-cash expense of third-party production pre- payments will negatively impact gross margins by 95 to 105 basis points. The company continues to work to finalize its 2025 financial plan. The company does not expect this agreement to materially impact its previously provided estimate of $14M in 2025 shortfall fees disclosed in its third quarter 10-Q filed on October 24. The company will provide further guidance on shortfall fees and the non-cash expense of third-party production pre-payments along with its FY25 financial guidance in its fourth quarter earnings report in February 2025. The company has regular discussions with its third-party production suppliers related to its future capacity needs and the terms of its contracts. Changes to volume estimates, future amendments or cancellations of existing contracts could accelerate or change total shortfall fees expected to be incurred. The non-GAAP earnings per share projection excludes the contract settlement of $26M or $1.70 per diluted share and the impact of non-cash brand impairments of $42.6M or $2.49 per diluted share, recognized in the third quarter of fiscal 2024 relating primarily to the Dogfish Head brand. The increase in the estimated full year effective tax rate is due to the impact of the contract settlement which decreased estimated full year pre-tax income but did not significantly change estimated full year non-deductible expenses.

Steve1545 Posted - 2 days ago

$SAM 7 trading days left Sam dog drain that account 🍻

notmymoney Posted - 3 days ago

@ShakeThatMoneyMaker Yeah except $SAM really came out with bad news while this just kept dipping with no news?

ShakeThatMoneyMaker Posted - 3 days ago

$TPL looks exactly like $SAM did in covid bubble time.

PureEnergy Posted - 3 days ago

$TLRY Food for thought. We really only need one Tilray branded THC infused drink to become the next "twisted tea" or "white claw" of the yet to pop THC infused beverage market. Ask folks over at $SAM how they like having Twisted Tea in that house of brands. Our CEO that everyone seems to hate has secured over 700 distributors with all of our collective brands. Keep that in mind. Good luck to all. Long Tilray Brands.

Steve1545 Posted - 1 week ago

$SAM scoop those shares up Sam dog the sellers are running out of ammo burn those millys 🍻

ShakeThatMoneyMaker Posted - 1 week ago

$TPL starting to look more and more like $SAM 's parabolic run and bust. No buyers here still

Kev638 Posted - 1 week ago

$SAM this company is making cannabis drinks now. Could see this thing rip soon if they get a positive return from it !!

momobull Posted - 1 week ago

$sam do jot ever doubt my pops. You are clueless

Bugislaus Posted - 1 week ago

$SAM is seeing significant pre-market activity, with the price down nearly 8% at $290. This follows a period of mixed signals: strong Q3 EPS growth (+6.98% surprise) and solid margins (gross: 43.95%), but softer sales trends (-2.82% Y/Y) and adjusted full-year guidance below expectations. 💡 Valuation Snapshot: Forward P/E: 26.9 (better than trailing 46.1) PEG Ratio: 1.77 suggests fair value for growth Debt/Equity: 0.04 (very low debt) 🎯 Key Levels: 52W Low: $254.40 52W High: $371.65 Analyst Target: ~$301.69 📊 Thoughts: With the stock now closer to analyst targets, SAM might present a value opportunity for long-term investors betting on future EPS growth (+21.57% next Y). Short-term traders, beware volatility and softer guidance. 🔍 Recommendation: Keep an eye on fundamentals and wait for stability before adding positions.📈

Steve1545 Posted - 2 weeks ago

$SAM burn those Millys Sam dog. Only 16 trading days left in the year. Buy those shares boy 🍺

Hex50 Posted - 2 weeks ago

$SAM hey Needham nothing like going on a limb and initiating coverage with a hold. Guess what that is all we have been doing with this POS

Kev638 Posted - 2 weeks ago

$SAM

Steve1545 Posted - 2 weeks ago

$SAM 5000 🍺

momobull Posted - 2 weeks ago

$SAM pops just texted me, it’s ready to launch!🚀

Kev638 Posted - 2 weeks ago

$SAM

HighRockCapital Posted - 11/29/24

@Thelonius_Stonk whatcha think about $SAM

cliftonparker Posted - 11/27/24

$SAM What the fudge? Why the 5% drop??

Steve1545 Posted - 11/25/24

$SAM good week for beer 🍺

whisperthebull Posted - 1 month ago

$SAM someone talk me out of selling here but I would rather redeploy to better performing assets. Revisit in January

Kev638 Posted - 1 month ago

$SAM this needs to run hard

Steve1545 Posted - 1 month ago

$SAM golden beer! 🍺

Kev638 Posted - 1 month ago

$SAM

peloswing Posted - 1 month ago

$SAM testing a key trendline here and looking like the MAs are about to Golden Cross 🍺 Watch this one for a breakout!

Steve1545 Posted - 1 month ago

$SAM

Steve1545 Posted - 1 month ago

$SAM this thing doesn’t trade for like 15-20 minutes at a time. Hmmm supply imbalance or what? 🍻

Kev638 Posted - 1 month ago

$SAM

Steve1545 Posted - 1 month ago

$SAM Monday morning beeehs 🍻 jk but feels like it’s that time

JackDarwin Posted - 1 month ago

$SAM Bullish Engulfing Formed.

Steve1545 Posted - 1 month ago

$SAM what was it $90M Sam set aside for share purchases in Q4? $400M on top for next year. Nobody buys this but Sam just sitting there with half a billion going to take anyone’s shares who sells 🍻