Key Takeaways Boston Beer's third-quarter gross margin rises to 50.8%, up 450 bps, its highest since 2018.Boston Beer's revenues drop 11.2% amid shipment declines of nearly 14% and 3% lower depletions.SAM's mix shift to "Beyond Beer" products and 90% in-house production boosts margins and efficiency.The Boston Beer Company (SAM) is navigating a complex inflection point where operating execution is improving even as consumer demand remains uneven. In a challenging macro backdrop marked by pressured discretio ...