波士顿啤酒 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES AND EXCHANGE ACTOF 1934 For the quarterly period ended March 28, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES AND EXCHANGE ACTOF 1934 For the transition period fromtoCommission file number: 1-14092 THE BOSTON BEER COMPANY, INC. (Exact name of registrant as specified in its charter) (617) 368-5000(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act. 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 tosuch filing requirements for the past 90 days. Yes☒No☐ 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 “emerginggrowth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐Emerging growth company☐ Smaller reporting company 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☒ Number of shares outstanding of each of the issuer’s classes of common stock, as of April 24, 2026: Class A Common Stock, $.01 par value8,345,442Class B Common Stock, $.01 par value2,068,000(Title of each class)(Number of shares) THE BOSTON BEER COMPANY, INC.FORM 10-QMarch 28, 2026TABLE OF CONTENTS PART I.FINANCIAL INFORMATION Item 1.Condensed Consolidated Financial Statements (Unaudited)3Condensed Consolidated Balance Sheets as of March 28, 2026 and December 27, 20253Condensed Consolidated Statements of Comprehensive Operations for the thirteen weeks endedMarch 28, 2026 and March 29, 20254Condensed Consolidated Statements of Cash Flows for the thirteen weeks ended March 28, 2026and March 29, 20255Condensed Consolidated Statements of Stockholders’ Equity for the thirteen weeks ended March28, 2026 and March 29, 20256Notes to Condensed Consolidated Financial Statements7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations18Item 3.Quantitative and Qualitative Disclosures about Market Risk22Item 4.Controls and Procedures22 PART II.OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.Exhibits 23232424242425 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 Item 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) THE BOSTON BEER COMPANY, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(in thousands, except per share data)(unaudited) THE BOSTON BEER COMPANY, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE OPERATIONS(in thousands, except per share data) THE BOSTON BEER COMPANY, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(unaudited) 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® CraftBrewery”, “Dogfish Head Distilling Co.”, “Angel City® Brewing Company”, “Coney Island® Brewing Company”, "Green RebelBrewing Co.", and "Sun Cruiser Beverage Co.". The accompanying unaudited condensed consolidated balance sheet as of March 28, 2026, and the unaudited condensedconsolidated statements of comprehensive operations, stockholders’ equity, and cash flows for the interim periods ended March 28,2026 and March 29, 2025, respectively, have been prepared by the Company in accordance with U.S. generally acceptedaccounting principles (