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Boston Beer SAM Q1 2024 earnings

Reported April 25, 2024 · After market close

Revenue$426.1MBeat by $12.9M
EPS$1.04Beat by $1.03
Revenue estimate$413.2M
EPS estimate$0.01

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$524.2M
EPS estimate$4.30

Financials

Q1 2024

Income statement

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Revenue$426.1M+3.9%
Gross profit$186.3M+19.7%
Operating income$15.4M+210%
Net income$12.6M+241%
EPS (diluted)$1.04+242%

Balance sheet

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Cash & equivalents$205.4M+67.6%
Total debt$42.6M-17.9%
Total equity$1.0B+0.5%
Total assets$1.4B-0.6%

Cash flow

See full
Operating cash flow-$4.9M+72.6%
CapEx$15.7M-9.1%
Free cash flow-$20.6M+41.3%

Valuation & ratios

Valuation

as of 03/30/24
See full
Market cap$3.67B-9.3%
Enterprise value$3.51B-11.8%
P/S1.8×-0.1×

Profitability

See full
Gross margin43.6%+2.8pp
FCF margin10.6%

Returns & leverage

See full
Debt / equity0.0×
Current ratio2.1×+0.2×

Versus estimates

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Questions, answered.

When did Boston Beer report Q1 2024 earnings?
Boston Beer (SAM) reported Q1 2024 earnings on April 25, 2024 after market close.
What were Boston Beer's Q1 2024 revenue and EPS?
Boston Beer reported revenue of $426.1M and eps of $1.04 for Q1 2024.
Did Boston Beer beat estimates in Q1 2024?
Revenue beat the consensus estimate of $413.2M by $12.9M. EPS beat the consensus estimate of $0.01 by $1.03.
Where can I find Boston Beer's Q1 2024 SEC filings?
You can read the 10-Q periodic report (0000950170-24-048351) directly on SEC EDGAR. The filing index links above go to sec.gov.