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Dec 28, 2024
Boston Beer Q4 2024 Earnings Report
Expected Revenue:$389M
-5.9% YoY
Expected EPS:-$1.21
450.0% YoY
Key Takeaways
Boston Beer reported a 2.2% increase in net revenue to $402.3 million for Q4 2024. However, the company experienced a GAAP diluted loss per share of $3.38, which included a contract settlement expense. Non-GAAP diluted loss per share was $1.68. Gross margin improved to 39.9%.
Net revenue increased by 2.2% to $402.3 million.
Gross margin increased to 39.9%, up 230 basis points year over year.
GAAP diluted loss per share was $3.38, including a $1.70 contract settlement expense.
Non-GAAP diluted loss per share was $1.68.