Author Topic: FIZZ - National Beverage Corp  (Read 22678 times)

ScottHall

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Re: FIZZ - National Beverage Corp
« Reply #10 on: April 06, 2018, 11:20:21 PM »
I bought more of this a few days ago.


doughishere

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Re: FIZZ - National Beverage Corp
« Reply #11 on: April 07, 2018, 06:34:12 AM »
I bought more of this a few days ago.

Same here....rolled a bunch of tax refund money into it. Thanks for the idea Scotty.

gjangal

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Re: FIZZ - National Beverage Corp
« Reply #12 on: April 10, 2018, 11:43:08 AM »
i put in a few bucks, a 20% grower with 27% of float short is an interesting situation.

big_triece

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Re: FIZZ - National Beverage Corp
« Reply #13 on: April 10, 2018, 12:10:11 PM »

wisowis

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Re: FIZZ - National Beverage Corp
« Reply #14 on: May 17, 2018, 06:03:57 PM »
How cult-ish is LaCroix? Enough so that people are making color palettes for data visualization tools based on the flavors  :P

https://twitter.com/dataandme/status/995486050821791744


gjangal

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Re: FIZZ - National Beverage Corp
« Reply #16 on: March 08, 2019, 04:27:58 AM »
Earnings release comments by the ceo, i own this and i donít know what to say. itís just crazy. stock down 20%

https://finance.yahoo.com/quote/FIZZ?p=FIZZ&.tsrc=fin-srch

gfp

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Re: FIZZ - National Beverage Corp
« Reply #17 on: March 08, 2019, 05:10:37 AM »
Yeah the CEO has always been odd.  We buy LaCroix in my household and we started buying it through Costco and not the grocery store.  That is probably a negative for LaCroix margins.  What happened in my grocery store is that 1) LaCroix lost the prominent end cap it had always occupied, 2) LaCroix stopped offering the 15 pack at around the 12 pack price, and 3) they slightly raised their prices of the 12-pack-only offering to the point where it is easy to skip as an unnecessary luxury.  We have a soda stream machine as well, and the only LaCroix flavors we buy are Lemon, Lime and Grapefruit - nothing exotic that we can't get with the cheaper soda machine option.

Gregmal

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Re: FIZZ - National Beverage Corp
« Reply #18 on: March 08, 2019, 05:20:26 AM »
The CEO letter was quite peculiar, but he's always been that way.

Frankly, I am not shocked by the poor results given the ridiculous allegations that made national headlines in October and November. This was a bit of a fad, but it also has it's niche and is still a premier brand.

Adding to gfp's comments, I have never bought this is a grocery store. I buy it at Costco. I go through maybe 8-10 cans a day. I did notice Costco blatantly ripped them off about 6 months ago. I tried the Costco and its mediocre but then, quite surprisingly, Ive noticed lately La Croix completely changed their Costco pack from the traditional flavors. I still buy it, but not sure if that's the case for everyone.

I would think we see some stabilization in sales. Sparkling water is a growing market, La Croix can lose share and still grow revs. Bottom line though, IMO is that the only real upside catalyst at the moment is the CEO putting the company up for sale. Which, if he truly feels an injustice occurred, might be the best way to prove the naysayers wrong.

gjangal

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Re: FIZZ - National Beverage Corp
« Reply #19 on: March 08, 2019, 05:33:15 AM »
Thanks for the color. My initial thesis is broken, i assumed that they were going to revenue grow at high single digits with some operating leverage. The company had 20% of float short at the time , which for a growing company was a prime short squeeze situation

I have to dig into the filings to see what happened.