Boston Beer (SAM) Reports Q4 2025 Earnings with Revenue Decline and Margin Pressures
Boston Beer (SAM) reported a 2.4% year-over-year revenue decline in 2025, driven by falling shipments and macroeconomic headwinds. The company also noted flat to down mid-single-digit depletions in 2026 and margin pressures from inflation and tariffs. Free cash flow and share repurchases were highlighted as key financial activities.
Topics: beer industry depletions economic uncertainty free cash flow gross margin revenue decline share repurchases