Boston Beer Off to a Hot Start, They’ll Need Repeats to Keep it Going

Dear Client: With revenues up 18% and depletions up 8% in the first quarter, Boston Beer is certainly off to a strong start in 2018. The question is can they keep it up? That query was lobbed in various ways to the company on yesterday's earnings call and the Boston brass remained conservative in their responses. As you'll recall, the hot start didn't sway Boston Beer to change their guidance. They're sticking to their forecast on full-year depletion and shipment