Boston Beer Co., Inc. (SAM) reported net income for the fourth quarter of $16.9 million or $1.25 per share, compared to $17.8 million or $1.33 per share for the year-ago quarter.
The company said the decrease was mainly due to the favorable impact of a state income tax settlement in the 2011 fourth quarter of $0.16 per diluted share, and the loss of one week.
Net revenue for the fourth quarter rose 8% to $153.0 million from $142.1 million a year ago, mainly due to core shipment volume gains.
Analysts polled by Thomson Reuters expected the company to earn $1.25 per share on revenue of $152.49 million for the fourth quarter.
Core shipment volume was about 729,000 barrels for the 13-week fiscal 2012 fourth quarter, a 9% increase compared to the 14-week fiscal 2011 fourth quarter.
Looking forward, the company forecast full year 2013 earnings of $4.70 to $5.10 per share. Analysts currently expect the company to earn $5.05 per share for the full year 2013.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.