Boston Beer Co. Files 2024 10-K
Ticker: SAM · Form: 10-K · Filed: 2025-02-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, financials, executive-compensation
Related Tickers: SAM
TL;DR
SAM's 2024 10-K is in. Check financials & exec comp.
AI Summary
Boston Beer Co. Inc. filed its 2024 10-K on February 25, 2025, reporting on its fiscal year ending December 28, 2024. The filing covers financial performance and business operations, including details on property, plant, and equipment, as well as various liabilities. It also references compensation structures for executives and directors, including stock options and performance-based awards.
Why It Matters
This filing provides investors with a comprehensive overview of Boston Beer's financial health and operational status for the past fiscal year, influencing investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the reporting period for financial statements.)
- 001-14092 — SEC File Number (Unique identifier for the company's filings with the SEC.)
Key Players & Entities
- BOSTON BEER CO INC (company) — Filer
- 2024 (date) — Fiscal Year End
- February 25, 2025 (date) — Filing Date
- Dogfish Head Brewery (company) — Subsidiary/Brand Mentioned
FAQ
What was Boston Beer Co. Inc.'s total revenue for the fiscal year ending December 28, 2024?
The provided text does not contain specific revenue figures for the fiscal year ending December 28, 2024.
What is the company's primary business as indicated by its SIC code?
The company's Standard Industrial Classification (SIC) code is 2082, which corresponds to Malt Beverages.
When was the company incorporated, and in which state?
The company was incorporated in Massachusetts (MA).
What are some of the compensation elements mentioned for executives and directors?
The filing mentions PerformanceBasedAwards, NonEmployeeDirectorStockOption, and stock options for CommonClassAMember and CommonClassBMember.
Are there any specific brands or subsidiaries mentioned in relation to financial reporting periods?
Yes, Dogfish Head Brewery is mentioned in relation to financial reporting periods such as 2021-12-26 to 2022-12-31 and Dogfish Head is mentioned for 2024-06-30 to 2024-09-28.
From the Filing
0000950170-25-026756.txt : 20250225 0000950170-25-026756.hdr.sgml : 20250225 20250225163153 ACCESSION NUMBER: 0000950170-25-026756 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 114 CONFORMED PERIOD OF REPORT: 20241228 FILED AS OF DATE: 20250225 DATE AS OF CHANGE: 20250225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON BEER CO INC CENTRAL INDEX KEY: 0000949870 STANDARD INDUSTRIAL CLASSIFICATION: MALT BEVERAGES [2082] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 043284048 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14092 FILM NUMBER: 25663875 BUSINESS ADDRESS: STREET 1: ONE DESIGN CENTER PLACE STREET 2: SUITE 850 CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-368-5056 MAIL ADDRESS: STREET 1: ONE DESIGN CENTER PLACE STREET 2: SUITE 850 CITY: BOSTON STATE: MA ZIP: 02210 10-K 1 sam-20241228.htm 10-K 10-K FY false 0000949870 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#AccruedLiabilitiesAndOtherLiabilities http://fasb.org/us-gaap/2024#AccruedLiabilitiesAndOtherLiabilities http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent three years P3Y http://fasb.org/srt/2024#ChiefExecutiveOfficerMember 0000949870 2020-12-26 0000949870 sam:PerformanceBasedAwardsMember 2023-01-01 2023-12-30 0000949870 sam:NonEmployeeDirectorStockOptionMember us-gaap:CommonClassAMember 2024-12-28 0000949870 us-gaap:CommonClassBMember 2024-12-28 0000949870 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-30 0000949870 us-gaap:RelatedPartyMember sam:DogfishHeadBreweryMember 2021-12-26 2022-12-31 0000949870 us-gaap:OtherIntangibleAssetsMember sam:DogfishHeadMember 2024-06-30 2024-09-28 0000949870 us-gaap:InventoryValuationReserveMember 2021-12-26 2022-12-31 0000949870 us-gaap:CommonClassAMember 2023-01-01 2023-12-30 0000949870 sam:AllowancesForDoubtfulAccountCurrentMember 2024-12-28 0000949870 us-gaap:SellingAndMarketingExpenseMember 2021-12-26 2022-12-31 0000949870 sam:UnvestedSharesMember 2023-12-31 2024-12-28 0000949870 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2022-12-31 0000949870 sam:AllowancesForSalesReturnMember 2021-12-25 0000949870 us-gaap:EmployeeStockOptionMember 2023-12-31 2024-12-28 0000949870 sam:NonEmployeeDirectorStockOptionMember 2021-12-26 2022-12-31 0000949870 sam:BostonBeerCompany401kPlanMember sam:NonunionEmployeesMember 2023-12-31 2024-12-28 0000949870 sam:AllowancesForDoubtfulAccountCurrentMember 2023-12-31 2024-12-28 0000949870 us-gaap:CustomerRelationshipsMember 2024-12-28 0000949870 sam:DogfishHeadMember 2024-09-28 0000949870 sam:NonEmployeeDirectorStockOptionMember srt:MaximumMember 2023-12-31 2024-12-28 0000949870 sam:UnionEmployeesMember us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2024-12-28 0000949870 us-gaap:LeaseholdImprovementsMember 2023-12-31 2024-12-28 0000949870 sam:DiscountAccrualMember 2023-12-30 0000949870 sam:PerformanceBasedAwardsMember 2023-01-01 2023-12-30 0000949870 us-gaap:StockCompensationPlanMember 2021-12-26 2022-12-31 0000949870 us-gaap:RelatedPartyMember sam:DogfishHeadBreweryMember 2023-12-31 2024-12-28 0000949870 sam:UnionEmployeesMember 2024-12-28 0000949870 us-gaap:PropertyPlantAndEquipmentMember 2023-01-01 2023-12-30 0000949870 us-gaap:PropertyPlantAndEquipmentMember 2023-12-31 2024-12-28 0000949870 us-gaap:CommonClassAMember srt:MinimumMember 2024-10-02 0000949870 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2021-12-25 0000949870 sam:DiscountAccrualMember 2021-12-25 0000949870 us-gaap:StateAndLocalJurisdictionMember srt:MaximumMember 2023-12-31 2024-12-28 0000949870 us-gaap:CommonClassAMember 2021-12-26 2022-12-31 0000949870 us-gaap:TrademarksMember 2023-12-30 0000949870 sam:PerformanceBasedAwardsMember 2021-12-26 2022-12-31 0000949870 us-gaap:StockCompensationPlanMember sam:VoluntaryEquityInvestmentPr