Boston Beer (SAM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Beverage companies are poised to have gained from continued momentum across markets and channels, strong demand for premium products, improved pricing, and innovation in Q4. KO and TAP are slated to report earnings beat in Q4.
The best beer in America just got better. As part of its relentless pursuit of better beer, the Boston Beer Company is remastering Samuel Adams Boston Lager – the flagship beer that helped lead the American craft beer revolution – to develop a smoother, brighter Boston Lager.