Welcome to our dedicated page for Boston Beer news (Ticker: SAM), a resource for investors and traders seeking the latest updates and insights on Boston Beer stock.
Boston Beer Company (NYSE: SAM), brewer of Samuel Adams and pioneer in craft beverages, maintains this dedicated news hub for investors and industry followers. Access official press releases and curated analysis covering strategic developments across the company’s diverse portfolio of beers, ciders, and hard seltzers.
This resource provides essential updates including quarterly earnings announcements, new product launches, production innovations, and market expansion initiatives. Discover how SAM continues to shape the premium beverage sector through its hybrid brewing model and consumer-focused innovation strategies.
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Dogfish Head Craft Brewery has launched a new collaborative beer with Grateful Dead, called Grateful Dead Juicy Pale Ale. The beer, which marks both Dogfish Head's 30th anniversary and Grateful Dead's 60th anniversary in 2025, will be available nationwide year-round in 6pk/12oz cans and on draft.
The new pale ale features 5.3% ABV and is brewed with Kernza® perennial grains, granola, and El Dorado and Azacca hops, creating tropical pineapple, mango, and passion fruit notes. This launch continues the partnership between Dogfish Head and Grateful Dead that began in 2013 with American Beauty, followed by various releases through 2019.
To celebrate the launch, a special event featuring Grateful Dead cover band Bushwick's Dead will be held at Brooklyn Bowl's New York location on March 12, 2025.
Boston Beer Company (SAM) is making a strategic move with its Sun Cruiser Iced Tea & Vodka brand by airing a regional Big Game commercial in 10 key markets, including Boston, Denver, and Miami. The 15-second spot, titled 'Let the Good Times Cruise,' represents the brand's biggest marketing initiative to date, aiming to establish Sun Cruiser as America's leading premium hard tea brand.
The company is expanding its portfolio with the launch of Sun Cruiser Lemonade & Vodka, featuring a variety pack of four flavors at 4.5% ABV. To support national expansion in 2025, SAM is implementing comprehensive growth initiatives, including national TV and digital advertising, a dedicated sales team, and an expanded brand ambassador program.
Dogfish Head Craft Brewery launches 30 Minute Light IPA, a new addition to its iconic 'Minute Series' and its first since 2011. This new light IPA (4.0% ABV) contains only 95 calories and 3.6g carbs per 12oz serving while maintaining the bold, hoppy character of a world-class IPA.
To celebrate the launch, Dogfish Head is embracing 'Quitter's Day' (the second Friday in January) when approximately 80% of people abandon their New Year's resolutions. The brewery is offering rewards to those who give up on their resolutions early, including $30 in beer money for the top 300 entries and participation medals. A recent survey revealed that only 1 in 3 Americans completed their 2024 resolutions, with lack of motivation (29%) and time (24%) being the main factors for quitting.
Additionally, Dogfish Head partnered with Smith Island Baking Company to create a special 30 Minute Light IPA-infused cake, available nationwide through Goldbelly starting January 10.
Samuel Adams is offering two key tips for Dry January participants: try their Just the Haze Non-Alcoholic IPA and utilize leftover alcoholic beer in cooking recipes. The award-winning Just the Haze, known for its tropical fruit aromas and smooth hoppy finish, has garnered multiple accolades including Gold at the 2024 World Beer Awards and Silver at the 2023 World Beer Cup Awards.
The company has released the Our American Dream Cookbook, featuring over 100 recipes from 80 small business owners, including beer-infused dishes like Vegan Onion Soup, BBQ Pizza, and Beer Can Chicken. Market data shows significant growth in the non-alcoholic beer segment, with NA Beer Volume growing +49% compared to three years ago, while total Beer declined by 12% in the same period.
Boston Beer Company (NYSE: SAM) has amended its production agreement with Rauch North America Inc, resulting in increased production flexibility and more favorable termination rights in exchange for a $26 million cash payment. This will lead to a pre-tax contract settlement expense of $26 million ($1.70 after-tax per diluted share) in Q4 2024.
The company updated its 2024 guidance, maintaining estimates for depletions and shipments (down low single digits), price increases (2%), and gross margin (44% to 45%). The GAAP EPS guidance was revised to $3.80-$5.80 (from $5.50-$7.50), while Non-GAAP EPS remains at $8.00-$10.00. Shortfall fees are expected to impact gross margin by 65-75 basis points, with third-party production pre-payments affecting it by 95-105 basis points.
Twisted Tea Hard Iced Tea announces the return of its holiday advent calendar with an expanded '25 Days of Twistmas' edition, following last year's sold-out 12-day version. The -edition calendar features 25 tallboy cans (24oz) of various flavors including Original, Half & Half, Peach, Raspberry, Pineapple, Mango, and Mangonada. Available from November 12th at GiveThemBeer.com for $80, with multiple release dates through November 22nd. The nation's leading hard iced tea brand aims to deliver holiday cheer with one flavor discovery per day starting December 1st.
Dogfish Head, a subsidiary of Boston Beer Company (SAM), has launched a -edition '24 Days of Dogfish Head' holiday package priced at $99. Available on GiveThemBeer.com, each package includes 10 Dogfish Head beers, 8 pieces of merchandise, and 6 ready-to-drink canned cocktails. Featured products include their signature 60 Minute IPA and Strawberry Honeyberry Vodka Lemonade. The package also contains merchandise like can coolers and beer soap made with 60 Minute IPA.
Boston Beer Company (NYSE: SAM) reported Q3 2024 financial results with mixed performance. Net revenue increased 0.6% to $605.5 million despite a 3% decrease in depletions and 1.9% decrease in shipments. The company recorded a gross margin of 46.3%, up 60 basis points year-over-year. GAAP earnings per share was $2.86, including a $2.49 per share non-cash brand impairment charge primarily related to Dogfish Head. The company maintains strong financial position with $255.6 million in cash, no debt, and has repurchased $191.0 million in shares year-to-date. Full-year 2024 guidance projects depletions and shipments to decrease in low single digits, with gross margin expected between 44% to 45%.
Samuel Adams introduces a -edition At-Home Séance Kit for the spooky season, inviting beer lovers to share a cold Sam Adams with the spirit of Samuel Adams. Available for $18.03 at the Sam Adams Store, the kit includes items for conducting a séance at home, such as an instruction card, Sam Adams portrait, vials of Boston dirt and hops, special pint glasses, and a can-inspired candle.
To complement the séance experience, Samuel Adams recommends their seasonal brews, particularly the Octoberfest, a hearty Märzen with 5.3% ABV. Other fall offerings include the Beer Fest Variety Pack featuring Octoberfest, Jack-O Pumpkin Ale, Boston Lager, and Flannel Fest. Prices range from $9.99 for a 6-pack to $29.99 for a 28-pack.
The brand emphasizes that the Séance Kit is for entertainment purposes only, intended for adults over 21, and comes with no guarantees or warranties.
Samuel Adams Brewing the American Dream announces the launch of 'Our American Dream Cookbook', celebrating 40 years of craft beer revolution and over 15 years of supporting food and beverage entrepreneurs. The cookbook, to be published on October 1st, 2024, features 100+ recipes from 80 small business owners, showcasing their unique stories and culinary creations.
The cookbook offers a diverse range of recipes, from vegan dishes to regional specialties, accompanied by craft beer pairings. Jennifer Glanville Love, author and director at Boston Beer Company, emphasizes the cookbook's mission to inspire and support entrepreneurs. The book has received praise from industry figures like Elle Simone Scott and Kevin Johnson.
'Our American Dream Cookbook' will be available at major retailers and independent bookstores, with bulk sales handled by Simon & Schuster Distribution Services.
