Boston Beer Posts Flattish Q3

Yet another beer company posted a tough Q3. Boston Beer's shipments were down -3.6%, while sales-to-retailers where down less than 1%. Boston Beer's Jim Koch said that the soft volume was due to "continued tough comparison for Sam Adams Light, and a slight weakness in Samuel Adams Boston Lager trends....It is unclear whether the small decline in Samuel Adams Boston Lager was a function of industry dynamics or represents brand strength. We hope to see more favorable depletion trends during