Dear Client: Yesterday evening, Boston Beer filed an 8-k revealing that its 2021 EPS guidance has been revised downward significantly. "Based on information currently in hand, the Company projects full year 2021 earnings per diluted share to be between a loss of $1.00 and income of $1.00, a decrease from the prior guidance of income between $2.00 and $6.00," it said. It seems shipment growth, particularly for Truly, and margins weren't what the company expected for 2021. Since the company's
You need a subscription to access this article.Login now or subscribe to get daily industry insights!
Log In
Forgot Password
Don’t have an account yet?
SUBSCRIBE