Boston On Thin Ice, But Has Tricks in its Cooler

Dear Client:    Boston brass is likely nursing a hangover from last night's earnings call, where analysts tried to make sense of what happened to the company's seltzer business during Q2.  Recall, Boston Beer’s depletion growth was cut in half in this latest quarter, to +24%, causing the brewer to shift their guidance down quite dramatically – from between 40% and 50%, to now between 25% and 40%. That meant Jim Koch and Dave Burwick had a lot of 'splainin' to