Boston Beer sees 2026 EPS $8.50-$10.50, consensus $9.95

Sees 2026 depletions and shipments down low-single digits to mid-single digits vs. the prior outlook of flat to down mid-single digits. The company said, “Today we are modestly narrowing our guidance range to reflect our latest volume outlook and a more challenging cost environment. We continue to deliver strong gross margin performance and expect our savings agenda to help mitigate tariff and commodity headwinds as we move through the year.”