Reports Q4 revenue $429.25M, consensus $389.17M. Depletions were flat and shipments decreased 0.5% “We were pleased to deliver improved operational and financial performance in 2024,” said chairman and Founder Jim Koch. “I’m confident we have the right strategy and team in place and we will be stepping up advertising investment in 2025 to further strengthen our brands and drive long-term sustainable growth. Our strong balance sheet and cash flow generation allow us to both increase advertising investment and continue to return cash to shareholders through share repurchases.”
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