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Side-by-side financial comparison of BOSTON BEER CO INC (SAM) and SHOE CARNIVAL INC (SCVL). Click either name above to swap in a different company.

BOSTON BEER CO INC is the larger business by last-quarter revenue ($385.7M vs $297.2M, roughly 1.3× SHOE CARNIVAL INC). SHOE CARNIVAL INC runs the higher net margin — 4.9% vs -5.8%, a 10.8% gap on every dollar of revenue. On growth, SHOE CARNIVAL INC posted the faster year-over-year revenue change (-3.2% vs -4.1%). BOSTON BEER CO INC produced more free cash flow last quarter ($22.1M vs $19.7M). Over the past eight quarters, SHOE CARNIVAL INC's revenue compounded faster (3.0% CAGR vs -4.9%).

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Fort Mill, South Carolina as of 2025.

SAM vs SCVL — Head-to-Head

Bigger by revenue
SAM
SAM
1.3× larger
SAM
$385.7M
$297.2M
SCVL
Growing faster (revenue YoY)
SCVL
SCVL
+1.0% gap
SCVL
-3.2%
-4.1%
SAM
Higher net margin
SCVL
SCVL
10.8% more per $
SCVL
4.9%
-5.8%
SAM
More free cash flow
SAM
SAM
$2.4M more FCF
SAM
$22.1M
$19.7M
SCVL
Faster 2-yr revenue CAGR
SCVL
SCVL
Annualised
SCVL
3.0%
-4.9%
SAM

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
SAM
SAM
SCVL
SCVL
Revenue
$385.7M
$297.2M
Net Profit
$-22.5M
$14.6M
Gross Margin
43.5%
37.6%
Operating Margin
-8.6%
6.3%
Net Margin
-5.8%
4.9%
Revenue YoY
-4.1%
-3.2%
Net Profit YoY
41.9%
-23.9%
EPS (diluted)
$-1.97
$0.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SAM
SAM
SCVL
SCVL
Q4 25
$385.7M
$297.2M
Q3 25
$537.5M
$306.4M
Q2 25
$587.9M
$277.7M
Q1 25
$453.9M
$262.9M
Q4 24
$402.3M
$306.9M
Q3 24
$605.5M
$332.7M
Q2 24
$579.1M
$300.4M
Q1 24
$426.1M
$280.2M
Net Profit
SAM
SAM
SCVL
SCVL
Q4 25
$-22.5M
$14.6M
Q3 25
$46.2M
$19.2M
Q2 25
$60.4M
$9.3M
Q1 25
$24.4M
$14.7M
Q4 24
$-38.8M
$19.2M
Q3 24
$33.5M
$22.6M
Q2 24
$52.3M
$17.3M
Q1 24
$12.6M
$15.5M
Gross Margin
SAM
SAM
SCVL
SCVL
Q4 25
43.5%
37.6%
Q3 25
50.8%
38.8%
Q2 25
49.8%
34.5%
Q1 25
48.3%
34.9%
Q4 24
39.9%
36.0%
Q3 24
46.3%
36.1%
Q2 24
46.0%
35.6%
Q1 24
43.7%
35.6%
Operating Margin
SAM
SAM
SCVL
SCVL
Q4 25
-8.6%
6.3%
Q3 25
11.5%
8.2%
Q2 25
14.0%
4.3%
Q1 25
7.4%
5.3%
Q4 24
-13.9%
8.0%
Q3 24
7.6%
9.0%
Q2 24
12.2%
7.5%
Q1 24
3.6%
7.1%
Net Margin
SAM
SAM
SCVL
SCVL
Q4 25
-5.8%
4.9%
Q3 25
8.6%
6.3%
Q2 25
10.3%
3.4%
Q1 25
5.4%
5.6%
Q4 24
-9.6%
6.3%
Q3 24
5.5%
6.8%
Q2 24
9.0%
5.8%
Q1 24
3.0%
5.5%
EPS (diluted)
SAM
SAM
SCVL
SCVL
Q4 25
$-1.97
$0.53
Q3 25
$4.25
$0.70
Q2 25
$5.45
$0.34
Q1 25
$2.16
$0.53
Q4 24
$-3.23
$0.70
Q3 24
$2.86
$0.82
Q2 24
$4.39
$0.63
Q1 24
$1.04
$0.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SAM
SAM
SCVL
SCVL
Cash + ST InvestmentsLiquidity on hand
$223.4M
$107.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$846.3M
$683.2M
Total Assets
$1.2B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SAM
SAM
SCVL
SCVL
Q4 25
$223.4M
$107.7M
Q3 25
$250.5M
$91.9M
Q2 25
$212.4M
$93.0M
Q1 25
$152.5M
$123.1M
Q4 24
$211.8M
$91.1M
Q3 24
$255.6M
$84.5M
Q2 24
$219.3M
$69.5M
Q1 24
$205.4M
$111.2M
Stockholders' Equity
SAM
SAM
SCVL
SCVL
Q4 25
$846.3M
$683.2M
Q3 25
$911.0M
$670.7M
Q2 25
$912.3M
$653.6M
Q1 25
$897.0M
$649.0M
Q4 24
$916.2M
$635.7M
Q3 24
$1.0B
$618.5M
Q2 24
$1.0B
$597.8M
Q1 24
$1.0B
$583.4M
Total Assets
SAM
SAM
SCVL
SCVL
Q4 25
$1.2B
$1.2B
Q3 25
$1.2B
$1.2B
Q2 25
$1.3B
$1.1B
Q1 25
$1.2B
$1.1B
Q4 24
$1.3B
$1.1B
Q3 24
$1.4B
$1.1B
Q2 24
$1.4B
$1.1B
Q1 24
$1.4B
$1.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SAM
SAM
SCVL
SCVL
Operating Cash FlowLast quarter
$39.9M
$33.6M
Free Cash FlowOCF − Capex
$22.1M
$19.7M
FCF MarginFCF / Revenue
5.7%
6.6%
Capex IntensityCapex / Revenue
4.6%
4.7%
Cash ConversionOCF / Net Profit
2.30×
TTM Free Cash FlowTrailing 4 quarters
$215.6M
$35.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SAM
SAM
SCVL
SCVL
Q4 25
$39.9M
$33.6M
Q3 25
$101.8M
$13.3M
Q2 25
$126.5M
$-9.6M
Q1 25
$1.9M
$44.5M
Q4 24
$41.9M
$17.3M
Q3 24
$115.9M
$23.7M
Q2 24
$96.0M
$17.1M
Q1 24
$-4.9M
$53.4M
Free Cash Flow
SAM
SAM
SCVL
SCVL
Q4 25
$22.1M
$19.7M
Q3 25
$89.2M
$2.2M
Q2 25
$112.2M
$-23.0M
Q1 25
$-8.0M
$36.2M
Q4 24
$18.4M
$8.3M
Q3 24
$99.2M
$18.2M
Q2 24
$75.6M
$6.9M
Q1 24
$-20.6M
$40.7M
FCF Margin
SAM
SAM
SCVL
SCVL
Q4 25
5.7%
6.6%
Q3 25
16.6%
0.7%
Q2 25
19.1%
-8.3%
Q1 25
-1.8%
13.8%
Q4 24
4.6%
2.7%
Q3 24
16.4%
5.5%
Q2 24
13.1%
2.3%
Q1 24
-4.8%
14.5%
Capex Intensity
SAM
SAM
SCVL
SCVL
Q4 25
4.6%
4.7%
Q3 25
2.3%
3.6%
Q2 25
2.4%
4.8%
Q1 25
2.2%
3.2%
Q4 24
5.8%
3.0%
Q3 24
2.8%
1.7%
Q2 24
3.5%
3.4%
Q1 24
3.7%
4.5%
Cash Conversion
SAM
SAM
SCVL
SCVL
Q4 25
2.30×
Q3 25
2.21×
0.69×
Q2 25
2.09×
-1.03×
Q1 25
0.08×
3.04×
Q4 24
0.90×
Q3 24
3.46×
1.05×
Q2 24
1.83×
0.99×
Q1 24
-0.39×
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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