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Boston Beer net jumps 27% as volumes rise
date:Nov 05, 2012
ea malts and Angry Orchard ciders, and management has said it is willing to forsake some earnings growth in the short term to build its brands and improve brewing and packaging capabilities.

Overall, Boston Beer reported a profit of $20.8 million, or $1.53 a share, up from $16.3 million, or $1.19 a share, a year earlier. Net revenue climbed 23% to $166.4 million.

Analysts surveyed by Thomson Reuters expected a profit of $1.35 per share on revenue of $154 million.

Gross margin slid to 56% from

12/23 02:18