Boston Q4 Depletions Up 15% but Shipments Down 25%; Still Expects a Positive ’22
Dear Client: You may remember our Boston Beer Q3 earnings headline: “Boston Grows Depletions and Shipments 11% in Q3 but Sees $133 Million Cost to Seltzer Slowdown.” And then, just last month, Boston pulled down its full year 2021 EPS guidance, due to lower-than-expected margins (including supply chain costs and expired inventory) and lackluster shipment … Continue reading "Boston Q4 Depletions Up 15% but Shipments Down 25%; Still Expects a Positive ’22"