Boston Beer Raises 2026 Earnings Floor as Volume Outlook Weakens

The Boston Beer Company raised the low end of its 2026 earnings and gross-margin forecasts after third-quarter net revenue fell 3.2%, while projecting steeper full-year declines in shipments and depletions. The company now expects non-GAAP diluted earnings of $9 to $10.50 per share, compared with its previous range of $8.50 to $10.50. Its gross-margin forecast, including tariffs, is 49% to 50%, up from 48.5% to 50%. The full-year volume outlook now calls for a mid-single-digit decline in shipments and depletions, narrowing the previous range of low-single-digit to mid-single-digit declines. For the 13 weeks ended Sept.

Source: TokenPost