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Jefferies Pours Some Fizz On National Beverage's Earnings
Thursday, June 27, 2019 - 4:14pm | 381LaCroix parent company National Beverage Corp. (NASDAQ: FIZZ) on Wednesday reported fiscal fourth-quarter results, which prompted Jefferies to remain bearish on the stock. The Analyst Jefferies' Kevin Grundy maintains an Underperform rating on National Beverage with a price target lowered from...
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National Beverage Trades Lower As Company Faces More Questions Over LaCroix Ingredients
Wednesday, June 19, 2019 - 4:20pm | 621Shares of LaCroix sparkling water maker National Beverage Corp. (NASDAQ: FIZZ) fell again Wednesday after a second negative media report in just over a week, with Consumer Reports highlighting the company’s long-documented secrecy over the popular drink’s ingredients. Mystery...
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Millennial Research Firm Says Young Consumers Still Love LaCroix
Wednesday, June 12, 2019 - 5:01pm | 573National Beverage Corp. (NASDAQ: FIZZ)'s flagship beverage LaCroix has been the front runner in the rapidly growing flavored sparkling water category, but increased competition is slowing down its growth — and negative headlines are dragging the stock. The Competition LaCroix has seen its...
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National Beverage Shares Fall Amid LaCroix Suit Over Chemical Content
Tuesday, June 11, 2019 - 11:42am | 355Correction: Benzinga has removed the word "toxic" from this story in connection with the chemical Bisphenol A. Shares of LaCroix parent company National Beverage Corp. (NASDAQ: FIZZ) are reacting negatively to a report alleging its cans contained the chemical Bisphenol A....
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National Beverage Maintains Its Fizz...For Now
Friday, December 7, 2018 - 10:52am | 415In its second-quarter earnings print, National Beverages Corp. (NASDAQ: FIZZ) demonstrated scanner data points in-line with expectations, with encouragement from management surrounding overall restored activity. The Analysts Guggenheim analyst Laurent Grandet upgraded National Beverage from Sell to...
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Analyst Shows Concerns With 'Impaired LaCroix Sales Growth' For National Beverage
Thursday, November 29, 2018 - 1:48pm | 398The case for turning incrementally bearish on National Beverage Corp. (NASDAQ: FIZZ) remains unchanged heading into the company's fiscal second-quarter earnings print next week, according to Guggenheim. The Analyst Guggenheim Partners' Laurent Grandet maintains a Sell rating on National...
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Is The CEO Behind LaCroix The Most Gonzo Writer On Wall Street?
Friday, October 20, 2017 - 8:31am | 752Sixteen. That’s the number of exclamation points used by National Beverage Corp. (NASDAQ: FIZZ) chairman and CEO Nick A. Caporella in a Thursday pushback against recent volatility in shares of the company, which owns brands such as LaCroix and Detroit’s own Faygo. “FIZZ revenues...
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Anheuser-Busch Blends Sparkling Juice, Energy Drinks Into Beer Portfolio With Hiball Buyout
Saturday, July 29, 2017 - 9:44am | 553Anheuser Busch Inbev NV (ADR) (NYSE: BUD) is going soft on us. The hard beverage company began expanding its portfolio recently to include Hiball’s non-alcoholic assortment of energy drinks, sparkling juices and sparkling waters. "The combination of Hiball's category-leading...
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National Beverage Valuation Has Bubbled Too High
Friday, April 21, 2017 - 12:21pm | 487Citing the near doubling of National Beverage Corp. (NASDAQ: FIZZ) shares since December without any good reason, Credit Suisse downgraded the shares of the company to Neutral from Outperform. The firm, however, raised its price target to $82 from $75, assuming a 24 times price-earnings multiple...
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When Will The National Beverage Corp Rally Fizzle Out?
Monday, April 3, 2017 - 3:05pm | 884The 2-Day Rule Often on Benzinga's PreMarket Prep Show, co-host Dennis Dick opines his two-day rule for shorter-term trading in stocks. In other words, whatever the catalyst may be for an issue to have a big up or down day, the likelihood for the continuation of that move for at least one...
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National Beverage Could Be A Major Beneficiary Of The Sugar Tax
Tuesday, March 21, 2017 - 10:20am | 596Soda companies have been violently shaken by recently put into effect sugar taxes, and the mounting pressure is priming an industry-wide explosion. At the beginning of March, PepsiCo, Inc. (NYSE: PEP) announced the dismissal of at least 80 employees from its Philadelphia sites, where the city...
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Shares Of National Beverage Corp. Continue To Bubble Up, Plenty Of Runway Ahead
Friday, March 10, 2017 - 10:37am | 352National Beverage Corp. (NASDAQ: FIZZ) reported robust third-quarter results ahead of the estimates on both sales and profit. Credit Suisse’s Laurent Grandet maintains an Outperform rating on the company, while raising the price target from $75 to $60. Q3 Results National Beverage’s...
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What Do Pepsi's Super Bowl Ads For Sugar-Free Products Mean For The Soda Market?
Thursday, January 26, 2017 - 1:06pm | 637We’re looking at a whole new culture. For the first time in Super Bowl history, PepsiCo, Inc. (NYSE: PEP) will forgo ads for its hallmark can of Pepsi and instead push its sugar-free beverage line. “It’s got to start with consumer demand,” chief marketing officer Seth...
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'Sugar Wars' Escalating: Beverage Companies Look To Bolster Non-Soda Portfolios
Tuesday, November 15, 2016 - 1:46pm | 456The battle between lawmakers and Big Soda is heating up again after voters in five municipalities approved special taxes on sugary drinks last week. San Francisco and Cook County, Indiana, are key areas where voters agreed on a special tax to be levied on soda. Former New York Mayor Michael...
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National Beverage Reassures Investors Following Fraud Accusations
Friday, September 30, 2016 - 10:49am | 388Shares of National Beverage Corp. (NASDAQ: FIZZ) stabilized on Thursday following an 18.8 percent decline in a matter of days, including an 8.2 percent drop on heavy volume on Wednesday. National Beverage produces discount sodas Faygo and Shasta, as well as energy drink Rip It and LaCroix sparkling...