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Latest Press Releases

Beer Market Size to Reach USD 962.39 Billion by 2026 Driven by Variations in Product Offerings, says Fortune Business Insights(TM)
- GlobeNewswire - Fri Mar 20, 6:55AM CDT
GlobeNewswire - CMTX
Fri Mar 20, 6:55AM CDT
The global beer market size is projected to reach USD 962.39 billion by the end of 2026. The demand for low-alcoholic beverages has emerged in favor of the companies operating in the market. According to a report published by Fortune Business Insights, titled "Beer Market Size, Share & Industry Analysis, By Type (Lager, Ale, Stouts, and Others), Packaging (Glass Bottle and Metal Can), and Distribution Channel (On-trade and Off-trade), and Regional Forecast, 2019 - 2026," the market was worth USD 693.39 billion in 2018 and will exhibit a CAGR of 4.22% during the forecast period, 2019-2026.
Boston Beer-A Down 16.5% Since SmarTrend Downtrend Call (SAM)
- Comtex SmarTrend(R) - Fri Mar 20, 12:29AM CDT
Comtex SmarTrend(R) - CMTX
Fri Mar 20, 12:29AM CDT
SmarTrend identified a Downtrend for Boston Beer-A (NYSE:SAM) on February 24th, 2020 at $385.54. In approximately 3 weeks, Boston Beer-A has returned 16.47% as of today's recent price of $322.04.
Watch for Boston Beer-A to Potentially Rebound After Falling 5.11% Yesterday
- Comtex SmarTrend(R) - Thu Feb 20, 11:12AM CST
Comtex SmarTrend(R) - CMTX
Thu Feb 20, 11:12AM CST
Boston Beer-A (NYSE:SAM) traded in a range yesterday that spanned from a low of $394.54 to a high of $416.00. Yesterday, the shares fell 5.1%, which took the trading range below the 3-day low of $407.84 on volume of 188,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Boston Beer Reports Fourth Quarter 2019 Results
- PR Newswire - Wed Feb 19, 3:15PM CST
PR Newswire - CMTX
Wed Feb 19, 3:15PM CST
The Boston Beer Company, Inc. (NYSE: SAM) reported fourth quarter 2019 net revenue of $301.3 million, an increase of $76.1 million or 33.8% from the fourth quarter of 2018, mainly due to an increase in shipments of 31.7%. Net income for the fourth quarter was $13.8 million, or $1.12 per diluted share, a decrease of $8.0 million or $0.74 per diluted share from the fourth quarter of 2018. This decrease was primarily due to increases in advertising, promotional and selling expenses and lower gross margins that were only partially offset by the increased revenue.
Boston Beer Reports Fourth Quarter 2019 Results
- PR Newswire - Wed Feb 19, 3:15PM CST
PR Newswire - PRNW
Wed Feb 19, 3:15PM CST
BOSTON , Feb. 19, 2020 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported fourth quarter 2019 net revenue of $301.3 million , an increase of $76.1 million or 33.8% from the fourth quarter of 2018, mainly due to an increase in shipments of 31.7%.  Net income for the fourth quarter was $13.8 million , or $1.12 per diluted share, a decrease of $8.0 million or $0.74 per diluted share from the fourth quarter of 2018.  This decrease was primarily due to increases in advertising, promotional and selling expenses and lower gross margins that were only partially offset by the increased revenue.
Biggest Trend Paying Dividends in Alcoholic Beverages Market is Celebrity and Brand Endorsement
- PR Newswire - Tue Feb 11, 7:50AM CST
PR Newswire - CMTX
Tue Feb 11, 7:50AM CST
The global alcoholic beverages market is expected to reach $1,684 billion by 2025, registering a CAGR of 2.0% to 3.1% through 2025 according to multiple industry reports. The growth of the global alcoholic beverages market is driven by increase in global young-adult demographic, surge in disposable income, and rise in consumer demand for premium/super premium products especially for those owned by and/or endorsed by very well known celebrities from Hollywood actors, entertainers and sports superstars. The last decade has seen an ever-increasing number of A-level actors, directors, musicians taking on financial and creative stakes in the alcoholic beverages business. The manufacturers are operating under the belief that partnering with a celebrity (for existing and new products) can increase visibility and offer consumers a bit of insider status, as a well-known brand licensing insider said that, "People are looking for some of the fairy dust to be sprinkled on them from that celebrity's lifestyle." Active companies in the markets this week include Iconic Brands, Inc. (OTCQB: ICNB), Constellation Brands, Inc. (NYSE: STZ), Molson Coors Beverage Company (NYSE: TAP), The Boston Beer Company, Inc. (NYSE: SAM), NewAge Beverages Corporation (NASDAQ: NBEV).
Craft Beer Market Size To Expand Swiftly By 2025 | Key Players: Boston Beer Company, New Belgium Brewing Company, D.G. Yuengling & Son | Million Insights
- PR Newswire - Tue Feb 4, 4:20AM CST
PR Newswire - CMTX
Tue Feb 4, 4:20AM CST
The scope of the global Craft Beer Market was appreciated at US$ 85.02 billion in 2015. The range is projected to touch US$ 502.9 billion by 2025, growing at a CAGR of 19.9% for the duration of the forecast.
The Boston Beer Company Appoints Julio Nemeth to its Board of Directors
- PR Newswire - Fri Jan 31, 3:05PM CST
PR Newswire - CMTX
Fri Jan 31, 3:05PM CST
The Boston Beer Company, Inc. (NYSE: SAM) announced today that Julio Nemeth has been appointed to its Board of Directors, effective January 31, 2020.
The Boston Beer Company Appoints Julio Nemeth to its Board of Directors
- PR Newswire - Fri Jan 31, 3:05PM CST
PR Newswire - PRNW
Fri Jan 31, 3:05PM CST
BOSTON , Jan. 31, 2020 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) announced today that Julio Nemeth has been appointed to its Board of Directors, effective January 31, 2020 .
Watch for Boston Beer-A to Potentially Rebound After Falling 8.04% Yesterday
- Comtex SmarTrend(R) - Wed Oct 30, 12:08PM CDT
Comtex SmarTrend(R) - CMTX
Wed Oct 30, 12:08PM CDT
Boston Beer-A (NYSE:SAM) traded in a range yesterday that spanned from a low of $358.01 to a high of $382.86. Yesterday, the shares fell 8.0%, which took the trading range below the 3-day low of $370.60 on volume of 87,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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