Previous close | 5.50 |
Open | 6.30 |
Bid | 0.10 |
Ask | 8.00 |
Strike | 490.00 |
Expiry date | 2024-12-20 |
Day's range | 5.50 - 6.30 |
Contract range | N/A |
Volume | |
Open interest | 4 |
Boston Beer's (SAM) Q2 results reflect the impacts of soft shipment and depletion volumes due to continued headwinds in the hard seltzer category, which hurt the Truly Hard Seltzer brand.
Boston Beer (SAM) delivered earnings and revenue surprises of -12.02% and 2.60%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
Beer company Boston Beer (NYSE:SAM) reported Q2 CY2024 results beating Wall Street analysts' expectations, with revenue up 1.8% year on year to $614.2 million. It made a GAAP profit of $4.39 per share, down from its profit of $4.73 per share in the same quarter last year.