Boston Beer Company reported a 4.4% revenue decline to $433.9 million in Q1 2026, with shipments down 6.9% and depletions down 4%. The company posted a GAAP net loss of $145.3 million, largely due to a $216 million non-recurring litigation expense related to a supplier dispute. Despite volume declines, gross margin improved by 100 basis points to 49.3% due to pricing, mix, and efficiencies. The company narrowed its 2026 guidance reflecting volume challenges and cost pressures but remains confident in its cash position and brand investments.
Twisted Tea has introduced a limited-edition Split Pack designed to divide into two six-packs, catering to couples going through divorce. This launch coincides with data showing divorce filings spike in late summer. The pack features the original Twi...
In Q2 2026, Longleaf Small-Cap Fund saw positive contributions from New York real estate firms Alexander’s and Empire State Realty Trust, as well as travel company Tripadvisor. However, Boston Beer negatively impacted the quarter due to mixed short-t...
