The Boston Beer Company reported third quarter 2013 results highlighted by a big jump in depletions which grew 26% from the comparable 13-week period in the prior year, primarily due to increases in the Angry Orchard, Samuel Adams and Twisted Tea brands.
Full year 2013 depletions growth is now estimated to be between 21% and 24%, an increase from the previously communicated estimate of 17% to 22%.
.Jim Koch, Chairman and Founder of the Company, commented, “I am pleased with our depletions growth which is attributable to strong sales execution and support from our wholesalers and retailers as well as our great quality beers, innovation capability and strong brands.”