Another Record Quarter for Boston Beer

February 26, 2014Dear Client: Boston reported fourth quarter depletions up 20%, and core shipment volume was up 29% to 941,000 barrels (they had to rebuild inventories in Q4 after previous shortages). Full-year depletions were up 23% and core shipments totaled 3.4 million barrels, up 25%. They're expecting depletions up between 16% and 20% for 2014, though they reported 2014 YTD depletions up 35% as of mid-February. They're investing in the brand while it's hot. Boston chief Martin Roper said "unexpected