Boston Beer Company’s Second Quarter and Six Months Financial Results: Revenue, Net Profit, and Earnings Per Share

2023-07-28 00:34:52

The Boston Beer Company, Inc. reported results for the second quarter and six months ended July 1, 2023. For the second quarter, the company reported revenue of $641.33 million, compared to $655.02 million. USD a year ago. Turnover amounted to 603.3 million USD, compared to 616.24 million USD the previous year. Net profit amounted to 58.04 million USD, compared to 53.35 million USD the previous year. Basic earnings per share from continuing operations were $4.73, compared to $4.33 a year earlier. Diluted earnings per share from continuing operations were $4.72, compared to $4.31 a year ago.
For the semester, revenue was $1,076.49 million compared to $1,112.31 million a year ago. Revenue was $1,013.3 million, compared to $1,046.36 million the previous year. Net profit amounted to 49.08 million USD, compared to 51.39 million USD the previous year. Basic earnings per share from continuing operations were $3.99, compared to $4.18 a year earlier. Diluted earnings per share from continuing operations were $3.98, compared to $4.15 a year earlier.

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