1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Ron Baron Comments on The Boston Beer Company Inc.

August 07, 2013 | About:

During the second quarter, we added to our position in The Boston Beer Company, Inc. (NYSE:SAM), best known for its Sam Adams brand. Founded in 1984 by sixth generation brewer Jim Koch, Boston Beer is the largest craft brewer in the United States, selling three million barrels annually and generating close to $700 million in sales.While craft beer represents just 7% of the U.S. beer industry by volume, it is one of the fastest and most exciting growth segments in the beverage space. More flavorful and exotic brews are rapidly taking share from 'big beer' brands such as Budweiser and Miller and increasingly even wine and spirits. This is occurring as consumers seek out more variety, more flavor and better quality ingredients from their beers, similar to what the wine industry experienced several decades ago. We believe Boston Beer remains the clear innovator and leader in this category with the broadest portfolio and frequent new product introductions. Though they have the largest share of craft, Boston Beer represents just a little over 1% of the overall U.S. beer market, offering meaningful opportunities to leverage its infrastructure and gain wider distribution across the country. (Matt Weiss)

From Ron Baron’s second quarter 2013 commentary.


Rating: 3.0/5 (3 votes)

Comments

Please leave your comment:


Performances of the stocks mentioned by


User Generated Screeners


Nightdoc2Safe&Cheap&Honest
wqecapitalscreening value growth
wqecapitalscreening 1 value growth
buddyswintAquirer's Multiple
HOLKLSUTrump Trade - Late Stage
rael2222M
HOLKLSUTrump Trade Group-Late Stage
rael2222L
jlhpersonalJason's Greenblatt - Updated L
dosowsky1Fast Revenue Growth
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK