Boston

Boston Beer Revises 2021 Guidance Downward for Shipments, Gross Margin & EPS; Projects Depletions Growth of 21-22%

8 days ago   |   By Brewbound

Lower than expected wholesaler inventory builds of Truly Hard Seltzer in the fourth quarter, as well as increased supply chain costs, have led Boston Beer Company to revise downward its shipment, gross margin and earnings per share projections for full-year 2021, according to a Form 8K filed with the U.S. Securities and Exchange Commission Thursday afternoon.
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