‘We are being squeezed in every direction’ – As inflation grips small businesses, here’s how they are responding [MSNBC.com]
Boston Beer Company, Inc. (The) (SAM)
Last boston beer company, inc. (the) earnings: 4/22 04:15 pm
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Source: MSNBC.com
Invest in You: Ready. Set. Grow.‘We are being squeezed in every direction’ – As inflation grips small businesses, here’s how they are respondingPublished Fri, May 6 2022Michelle Fox@MFoxCNBCWATCH LIVEHopkinsville Brewing Company co-owner Kate Russell, pictured to the right of co-worker Joey Medeiros, said the business has had to raise prices due to inflation.Mary Katherine RussellSmall business owners have had a few rough years.First, theCovid-19 pandemicinflation risesThe consumer price index, which measures the prices of goods and services,increased 8.5%jumped 11.2%For Kate Russell, 40, co-owner of Kentucky-based Hopskinsville Brewing Company, that means everything from equipment and aluminum to grain and fuel has gotten more expensive.On average, her total costs have gone up about 15% to 20%."We sat on that as long as we could before we finally had to just break down and raise prices," she said. "We felt really bad about that. We still feel very bad about that."Inflation, as well a
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SAM
Earnings
- 2/27/24 - Miss
SAM
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 3/28/24 - Form ARS
- SAM's page on the SEC website