Zacks Investment Research
25 Jun 2026, 15:42 UTC · 18w ago
Why Does Boston Beer Expect Lower Volume Growth in 2026?
Impact · against what's priced in
Boston Beer (SAM) faces a negative outlook as it narrows its 2026 volume guidance downward following a weak first quarter. The combination of falling shipments, market share loss for Truly, and broader macroeconomic headwinds suggests a deterioration in fundamental demand that outweighs seasonal optimism.
- SAM−0.60
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- In context
The company narrowed its 2026 volume outlook to a low-to-mid single-digit decline after Q1 depletions fell 4% and shipments dropped 6.9%. The ongoing loss of market share for Truly and pressure on Samuel Adams signal a weakening core portfolio.
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