Boston Beer has reaffirmed its full-year 2025 earnings per share guidance, projecting a range of $8 to $10.50. This outlook falls short of analyst expectations, which had estimated an EPS of $10.85. The company remains committed to maintaining its trajectory despite the forecasted gap.
The craft beer producer reported strong first-quarter financial results, with net revenue climbing 6.5% to $453.9 million, surpassing forecasts. Boston Beer recorded a 108% year-over-year increase in earnings per share, reaching $2.16. Additionally, net income surged by 93.8% to $24.4 million, while an improved gross margin reached 48.3%. With a robust cash position of $152.5 million and no debt, the results signal a solid start to the year.
Boston Beer continues to focus on core brand execution and innovations, including the national expansion of its Sun Cruiser line. According to Insider Monkey, the company aims to bolster its market position through strategic advertising and has invested $61 million in share repurchases this year, reflecting confidence in its operational strategy.