Boston Beer Company’s (SAM) Q3 Results Exceeded Expectations

SouthernSun Asset Management, LLC, an investment management firm, released its “SouthernSun Small Cap Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the strategy returned -7.56% on a gross basis (-7.73% net) compared to a -5.13% return for the Russell 2000 Index and -2.96 % for the Russell 2000 Value Index. The strategy returned 15.46 % on a gross basis (14.61% net) over the trailing twelve months compared to 8.93% and 7.84...