SAM has been in the news 577% more than usual
Aug 01, 2024, 6:34 AM
-3.26%
What does SAM do
Boston Beer Co., Inc., based in Boston, Massachusetts with 2,679 employees, produces alcoholic beverages including hard seltzer and cider, owning several brands and breweries focused on production and R&D. Their products are sold in diverse packaging, primarily through their own large and smaller, locally-focused breweries.
SAM has been in the news recently: Pilgrim's Pride is projected to report Q2 revenues of $4.62 billion, showing a 7.3% year-over-year growth. In contrast, Boston Beer Company reported a Q2 revenue of $579.1 million, reflecting a 4% decline from the previous year.
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