Boston Beer Co. Narrows 2026 Profit Guidance Due to Litigation Costs
Boston Beer Co. (SAM) has narrowed its 2026 profit guidance due to litigation expenses from a $175.5 million damages award in a contract dispute with Ardagh Metal Packaging USA Corp. The company reported a first-quarter GAAP diluted loss per share of $13.88, with litigation expenses impacting its full-year earnings outlook.
Tickers: $SAM
Topics: contract breach financial performance legal dispute litigation profit guidance