波士顿啤酒 2025年季度报告

UNITED STATES FORM10-Q THE BOSTON BEER COMPANY, INC. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company,or an emerging growth company. See the definition of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ____ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act.) Yes☐No☒ 9,078,0062,068,000 Table of Content THE BOSTON BEER COMPANY, INC.FORM 10-QMarch 29, 2025 PART I.FINANCIAL INFORMATION PAGE Item 1.Condensed Consolidated Financial Statements (Unaudited)3Condensed Consolidated Balance Sheets as of March 29, 2025 and December 28, 20243Condensed Consolidated Statements of Comprehensive Operations for the thirteen weeks endedMarch 29, 2025 and March 30, 20244Condensed Consolidated Statements of Cash Flows for the thirteen weeks ended March 29, 2025and March 30, 20245Condensed Consolidated Statements of Stockholders’ Equity for the thirteen weeks ended March29, 2024 and March 30, 20246Notes to Condensed Consolidated Financial Statements7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations17Item 3.Quantitative and Qualitative Disclosures about Market Risk21Item 4.Controls and Procedures21 PART II.OTHER INFORMATION SIGNATURES EX-31.1 Section 302 CEO CertificationEX-31.2 Section 302 CFO CertificationEX-32.1 Section 906 CEO CertificationEX-32.2 Section 906 CFO Certification Table of Content THE BOSTON BEER COMPANY, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS Table of Content THE BOSTON BEER COMPANY, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS A. Organization and Basis of Presentation The Boston Beer Company, Inc. and certain subsidiaries (the “Company”) are engaged in the business of selling alcohol beveragesthroughout the United States and in selected international markets, under the tradenames “The Boston Beer Company®”, “TwistedTea Brewing Company®”, “Hard Seltzer Beverage Company”, “Angry Orchard® Cider Company”, “Dogfish Head® Craft The accompanying unaudited condensed consolidated balance sheet as of March 29, 2025, and the unaudited condensedconsolidated statements of comprehensive operations, stockholders’ equity, and cash flows for the interim periods ended March 29,2025 and March 30, 2024, respectively, have been prepared by the Company in accordance with U.S. generally acceptedaccounting principles (“GAAP”) for interim financial information and pursuant to the rules and regulations of the Securities and In the opinion of the Company’s management, the Company’s unaudited condensed consolidated balance sheet as of March 29,2025 and the results of its condensed consolidated comprehensive operations, stockholders’ equity, and cash flows for the interimperiods ended March 29, 2025 and March 30, 2024, reflect all adjustments (consisting only of normal and recurring adjustments) B. Recent Accounting Pronouncements New accounting pronouncements are issued periodically by the FASB and are adopted by the Company as of the specified effectivedates. Unless otherwise disclosed below, the Company believes that recently issued and adopted pronouncements will not have a In December 2023, the FASB issued ASU 2023-09—Income Taxes(Topic 740):Improvements to Income Tax Disclosures. ThisASU was issued to address investor requests for more transparency about income tax information through improvements to incometax disclosure primarily related to the rate reconciliation and income taxes paid information, and to improve the effectiveness ofincome tax disclosures. This ASU is effective for public entities for annual periods beginning after December 15, 2024. ASU 2023- In November 2024, the FASB issued ASU 2024-03—Income Statement - Reporting Comprehensive Income - ExpensesDisaggregation Disclosures(SubTopic 220-40):Disaggregation of Income Statement Expenses. This ASU was issued to addressinvestor requests for more detailed information about the types of expenses in commonly presented expense captions (such as c