Boston Beer's Strategic Moves With Hard Mtn Dew And Twisted Tea Position It For 2025 Gains, Analysts Say
Boston Beer's Strategic Moves With Hard Mtn Dew And Twisted Tea Position It For 2025 Gains, Analysts Say
While transition disruptions have been more significant than expected, Hard Mtn Dew sales did increase in the third quarter of 2024, the analyst adds.Boston Beer Company, Inc. (NYSE:SAM) reported third-quarter results, with net revenue increasing 0.6% to $605.5 million and a gross margin of 46.3%, rising 60 basis points year over year.
波斯顿啤酒公司（NYSE：SAM）报告了第三季度业绩，净营业收入增长0.6％，达到60550万美元，毛利率为46.3％，同比增长60个基点。
Piper Sandler analyst Michael S. Lavery increased the price forecast to $330 from $325, with an Overweight rating.
派杰投资分析师Michael S. Lavery将价格预测从325美元上调至330美元，并给予超配评级。
The analyst sees potential growth from the national rollout of Hard Mtn Dew within its own distribution network, primarily in 2025.
该分析师认为，特斯拉硬山露从2025年开始在特斯拉自己的分销网络中全面推出，有潜在增长机会。
While transition disruptions have been more significant than expected, Hard Mtn Dew sales did increase in the third quarter of 2024, the analyst adds.
尽管过渡中断比预期更为重要，但分析师补充说，在2024年第三季度，特斯拉硬山露的销售确实有增长。
Per Lavery, the company is well-positioned to maintain shelf space during the Spring 2025 resets, contrasting with a 4% decline in 2024.
根据Lavery的说法，该公司已准备好在2025年春季重新调整期间保持货架空间，与2024年4％的下降形成鲜明对比。
This improvement has been aided by replacing some declining or rationalized Truly SKUs with new offerings, including Truly Unruly and Twisted Tea Extreme, both with an 8% ABV compared to the 5% ABV of the original line.
这一改善得益于用新产品取代一些正在下降或被调整的真正SKU，包括具有8％ABV的Truly Unruly和Twisted Tea Extreme，而原始系列的ABV为5％。
The analyst adds that new products, particularly those with higher alcohol by volume (ABV), are performing well.
分析师补充说，特别是那些酒精度较高（ABV）的新产品表现良好。
Consumer interest has been shown in its limited distribution area, with estimates suggesting potential sales of $150 million to $300 million by 2025, although the analyst's current projection is just under $100 million.
消费者对其有限的分销区域表现出兴趣，预计到2025年销售额有望达到15000万至30000万美元，尽管分析师目前的预测略低于10000万美元。
Lavery raised the 2024 EPS estimates from $8.50 to $9.40 and the FY25 EPS estimates from $11.75 to $12.
Lavery将2024年每股收益预测从8.50美元上调至9.40美元，FY25每股收益预测从11.75美元上调至12美元。
Also Read: BKV's Integrated Operations Offer Value, Analyst Highlights Unique 'Closed-Loop' System And Growth Prospects
也可阅读：BKV的综合运营提供价值，分析师强调独特的“闭环”系统和增长前景
RBC Capital Markets analyst Nik Modi reiterated the Sector Perform rating, with a price forecast of $318.
RBC资本市场分析师Nik Modi重申了板块表现评级，价格预测为318美元。
According to Modi, the firm is effectively "controlling the controllables," which is supporting margin expansion even though volumes are down year-over-year.
根据Modi的说法，公司有效地“控制可控因素”，这支持了毛利率的扩张，尽管成交量与去年同期相比有所下降。
As 2025 approaches, the analyst acknowledges ongoing challenges with volume growth but anticipates modest gains primarily from Twisted Tea. While Sun Cruiser is seen as promising, Truly is still viewed as a work in progress.
随着2025年的临近，分析师承认成交量增长仍面临持续挑战，但预计主要来自Twisted Tea的适度增长。虽然Sun Cruiser被视为有前景，但Truly仍被视为仍在努力中。
The analyst raised the FY25 adjusted EPS estimate from $11.00 to $11.21.
该分析师将FY25调整后的每股收益预测从11.00美元提高至11.21美元。
Price Action: SAM shares are trading higher by 0.25% to $302.62 at last check Friday.
股价表现：SAm股票在上周五最后一次交易时上涨了0.25%，至302.62美元。
Photo via Shutterstock
图片来自shutterstock
Read Next:
阅读下一篇：
- US Stocks Set To Rise As Treasury Yields Ease, Tesla, Spirit Airlines Among Stocks In Focus: Fund Manager Says Despite Elon Musk's Company' Firing On All Cylinders,' It's Still Not A 'Good Time To Buy'
- 美国股市预计上涨，随着国债收益率回落，特斯拉、spirit airlines等股票备受关注：基金经理表示，尽管埃隆·马斯克的公司表现出色，但现在仍不是“买入”的好时机
