BOSTON BEER CO INC

The Boston Beer Company, Inc. (NYSE: SAM) operates as a leading brewer and producer of alcoholic beverages throughout the United States and selected international markets. The company's website is www.bostonbeer.com.

Boston Beer manufactures and sells a diverse portfolio of beer, hard seltzer, flavored malt beverages, hard cider, spirits-based ready-to-drink beverages, and distilled spirits through both company-owned breweries and contract production arrangements. The company operates four primary company-owned breweries located in Boston, Massachusetts; Cincinnati, Ohio; Milton, Delaware; and Breinigsville, Pennsylvania, along with smaller local breweries in Boston and Rehoboth, Delaware. The company also owns an apple orchard and cidery in Walden, New York, a restaurant in Rehoboth, Delaware, and a boutique inn in Lewes, Delaware.

The company's major brands include Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, and Sun Cruiser. In 2025, approximately 86 percent of the company's volume was in the Beyond beer category, which includes flavored malt beverages, hard seltzer, hard cider, and spirits ready-to-drink beverages. The company holds a 20 percent market share in Beyond beer and positions itself as the second-largest supplier in that category. Twisted Tea is the largest selling flavored malt beverage brand in the United States, while Angry Orchard maintains the position as the largest selling hard cider brand.

Boston Beer distributes its products through a network of over 300 wholesalers in the United States and foreign wholesalers and importers internationally. The company maintains a sales force of over 550 people and engages in extensive media campaigns and sponsorships to promote its brands. During 2025 and 2024, the company produced approximately 86 percent and 74 percent, respectively, of its domestic volume at company-owned breweries, with the remainder supplied through production services agreements with third parties.

As of December 27, 2025, the company employed 2,736 coworkers. The company has obtained trademark registrations for over 400 trademarks and maintains a strong commitment to product quality, innovation, and sustainability initiatives across its operations.