Boston Beer Co. Files 8-K for Regulation FD Disclosure
Ticker: SAM · Form: 8-K · Filed: 2024-12-20T00:00:00.000Z
Sentiment: neutral
Topics: disclosure, regulation-fd
Related Tickers: SAM
TL;DR
SAM just dropped an 8-K for a Reg FD disclosure - no big news yet, but they're talking to everyone.
AI Summary
On December 20, 2024, The Boston Beer Company, Inc. filed an 8-K report. The filing indicates that the company is providing a Regulation FD Disclosure. No specific financial figures or material events beyond this disclosure type were detailed in the provided excerpt.
Why It Matters
This filing signals that Boston Beer Company is making a public disclosure under Regulation FD, which ensures all investors receive material information at the same time.
Risk Assessment
Risk Level: low — The filing is a standard procedural disclosure and does not contain information that inherently increases risk.
Key Players & Entities
- The Boston Beer Company, Inc. (company) — Registrant
- December 20, 2024 (date) — Date of Report
FAQ
What is the purpose of this 8-K filing?
The purpose of this 8-K filing is to provide a Regulation FD Disclosure.
What is the exact name of the company filing this report?
The exact name of the company is The Boston Beer Company, Inc.
On what date was this report filed?
The report was filed on December 20, 2024.
What is the company's principal executive office address?
The principal executive office is located at One Design Center Place, Suite 850, Boston, Massachusetts 02210.
What is the company's telephone number?
The company's telephone number, including area code, is (617) 368-5000.
Filing Stats: 598 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-12-20 16:10:07
Key Financial Figures
- $0.01 — hich registered Class A Common Stock. $0.01 par value SAM The New York Stock Ex
- $26 m — pre-tax contract settlement expense of $26 million, or $1.70 after tax per diluted s
- $1.70 — t settlement expense of $26 million, or $1.70 after tax per diluted share impact, in
Filing Documents
- sam-20241220.htm (8-K) — 43KB
- sam-ex99_1.htm (EX-99.1) — 33KB
- 0000950170-24-139041.txt ( ) — 191KB
- sam-20241220.xsd (EX-101.SCH) — 24KB
- sam-20241220_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On December 20, 2024, the Company issued a press release updating its financial guidance for fiscal year 2024 to reflect the impact of a negotiated cash payment under an amendment and restatement of an existing production agreement with a third-party supplier, Rauch North America Inc. ("Rauch"). The amendment and restatement is part of an ongoing initiative to optimize the Company's supply chain. As a result of the cash payment to Rauch, the Company expects to record a pre-tax contract settlement expense of $26 million, or $1.70 after tax per diluted share impact, in the fourth quarter of 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The information furnished in this Item 7.01 (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. The following exhibits are filed as part of this report: Exhibit No. Description 99.1 Press Release of The Boston Beer Company, Inc. dated December 20, 2024 104 Cover Page Interactive Data File (embedded within Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The Boston Beer Company, Inc. Date: December 20, 2024 By: /s/ Michael Spillane Name: Michael Spillane Title: President & Chief Executive Officer