Boston Beer Co Inc (NYSE:SAM)
$ 284.58 0.76 (0.27%) Market Cap: 3.40 Bil Enterprise Value: 3.24 Bil PE Ratio: 35.57 PB Ratio: 3.26 GF Score: 88/100

Q1 2019 Boston Beer Company Inc Earnings Call Transcript

Apr 24, 2019 / 09:00PM GMT
Release Date Price: $276.43 (-0.47%)
Operator

Welcome to The Boston Beer Company First Quarter 2019 Earnings Call. (Operator Instructions) Please note this conference is being recorded. I will now turn the conference over to Jim Koch, Founder and Chairman of The Boston Beer Company. Thank you. You may begin.

C. James Koch
The Boston Beer Company, Inc. - Founder & Chairman

Thank you. Good afternoon, and welcome. This is Jim Cook, Founder and Chairman. And I'm pleased to be here to kick off the 2019 first quarter earnings call for The Boston Beer Company. Joining the call from Boston Beer are Dave Barwick, our CEO; and Frank Smalla, our CFO.

I'll begin my remarks this afternoon with a few introductory comments, including some highlights of our results, and then hand over to Dave who'll provide an overview of our business. Dave will then turn the call over to Frank who'll focus on the financial details for the first quarter as well as our outlook for 2019. Immediately following Frank's comments, we'll open the line for questions.

Our total company depletions increased 11% in the first

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