Boston Beer Q3 Depletions Up a Whopping 18%, Shipments up 23.5%

Dear Client:If Boston's growth brands indeed have a seasonality to them, it ain't showing yet. In fact, the latest installment of Boston's now-several-quarters-long comeback is the most impressive yet. Depletions for the most recent quarter, ended September 29, were up 18% (the 2017 Q3 comp was down 3.5%; recall, Q1 and Q2 were both up, 8% and 12%, respectively). Shipments this Q3 were up 23.5%.That brings YTD depletion trends to up 13%, and shipments up 16%, to 3.3 million barrels.So