SEC Filing Summary: Boston Beer Co Inc (8-K)
Business Context and Reporting Period
The Boston Beer Company, Inc. filed this Current Report on Form 8-K on June 22, 2010. The report discloses a material definitive agreement entered into by the registrant.
Key Financial Metrics
This filing does not provide specific revenue, profit, cash flow, margin, or liquidity figures. The only financial metric disclosed relates to the company's credit facility:
- Credit Facility Amount: $50,000,000
- Lender: Bank of America, N.A.
Material Changes
The Company amended its existing $50,000,000 credit agreement to extend the term by two years. The amendment was effective as of June 14, 2010, and the new expiration date is March 31, 2015. The filing states that the amendment contained no other changes to the terms or conditions of the agreement.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, contingencies, or unusual items beyond the description of the credit agreement extension.
Investor Verification Checklist
- Verify the new expiration date of the credit facility (March 31, 2015).
- Confirm that no interest rate changes or covenant modifications were made alongside the term extension.
- Review the full text of the amended credit agreement for any non-material details not summarized in the 8-K.