Fourth-quarter profits came in lower than expected for Boston Beer (SAM +0.43%), and the company lowered guidance as well, but the market didn't react nearly as badly as it could have. In this video from Wednesday's Investor Beat, host Chris Hill and Motley Fool analyst Bill Barker look at the real story behind the earnings miss with Boston Beer. Bill points to one of the best problems a company can have -- more demand than it was able to easily meet. He discusses the company's strategy, whereby, instead of just leaving demand unmet, it spent a bit extra to meet demand, even if there were some inefficiencies along the way.
Is Boston Beer a Take-Out Candidate?
By Chris Hill – Feb 26, 2014 at 7:21PM EST
NYSE: SAM
Boston Beer

Market Cap
$2.1B
Today's Change
(0.43%) $0.85
Current Price
$197.16
Price as of December 26, 2025 at 3:58 PM ET
Boston Beer missed expectations and lowered guidance. So why was the market so forgiving?
About the Author
Full-time host of the Motley Fool Money radio show, MarketFoolery podcast, and other things. Part-time connoisseur of movies, basketball & fine bourbon.
Stocks Mentioned

Boston Beer
NYSE: SAM
$197.16 (+0.00%) $+0.85
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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