Boston Beer reports Q3 2026 results, shipments down 4.9% and raises low end of full‑year earnings guidance
+2 new sources since this summary was written
Boston Beer Company posted third‑quarter 2026 net revenue of $520.1 million, a 3.2% year‑over‑year decline, and GAAP diluted earnings of $4.21 per share. Depletions fell 5% and shipment volume slipped 4.9% to about 1.8 million barrels. The firm expanded gross margin to 51.7% and lifted the low end of its full‑year adjusted earnings per share outlook.
Why it matters
The raised guidance suggests higher full‑year earnings than previously expected, which could improve investor sentiment (the company said the low end of its adjusted EPS guidance was increased). The margin expansion and strong cash generation provide a more solid financial foundation for the business.
Key facts
- 1Net revenue for Q3 2026 was $520.1 million, down 3.2% year over year. stocktitan.net
- 2GAAP diluted earnings per share for the quarter were $4.21. stocktitan.net
- 3Non‑GAAP diluted earnings per share for the quarter were $4.37. stocktitan.net
- 4Depletions declined 5% and shipment volume fell 4.9% to roughly 1.8 million barrels. tradingview.com
- 5Gross margin expanded to 51.7%, up 90 basis points year over year. tradingview.com
- 6Management raised the low end of its full‑year adjusted EPS guidance (to $9.75 per share). finance.yahoo.com
Open questions
- Full‑year earnings guidance ranges differ: one source cites $9‑$10.50 per share while another cites a low‑end increase to $9.75 per share.
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.