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Boston Beer Q2 Earnings
Description
Boston Beer ($SAM@US) reported lackluster quarter 2 earnings on Thursday afternoon as the drink manufacturer’s $602.7 million in sales failed to top the $665.25 million projected by analysts. This can largely be attributed to the lack of success of their Truly Hard Seltzer drink in the face of competition. Shares of Boston Beer were down 21.86% at press time.
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