Boston Numbers Cause Worry Ahead of Earnings

Dear Client:Earlier this week, Barron's picked up on some Boston Beer c-stores numbers buried in a recent Wells Fargo report. It only covered the four weeks to 12/31, but it was ugly: for the period, Boston beer was down 23.4% in dollars, far worse than their 12-week trend of -17.6%, and almost twice the declines of the next most challenged beer supplier for the period, Pabst (down 14.4%), per Wells Fargo report.We should note some caveats with this data: Other