Boston Beer revenue falls 3.2% in third quarter, EPS reaches $4.21
Boston Beer reported net revenue of $520.1 million in the third quarter of 2026, down 3.2% from a year earlier, with diluted earnings per share of $4.21 and $4.37 on a non-GAAP basis. Gross margin rose to 51.7%, up 90 basis points. Operating income was $56.3 million, compared with $62.0 million a year earlier. The company cited a difficult demand environment and raised the lower end of its full-year gross margin and earnings guidance.
In 35 seconds
- Net revenue of $520.1 million, down 3.2% year over year; diluted EPS of $4.21 and $4.37 non-GAAP.
- Gross margin of 51.7%, up 90 basis points, and operating income of $56.3 million versus $62.0 million.
- Distributor sales to retailers fell 5% and shipments dropped 4.9%, to about 1.8 million barrels.
IASummary generated by artificial intelligence from a story by TradingView. It may contain errors: the original source prevails.




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