First Buy Recommendation on New Age Beverages (NBEV) in Over Two Years!
SeekingAlpha: 4 Catalysts That We Like Including a Valuation That is Too Cheap to Ignore (Altitrade) One of our favorite beverage analysts does an abrupt change (from sell to buy)! New Age went from an unknown in 2015 (a client called American Brewing) when it was trading at $0.25, to...
Has Boston Beer (SAM) -76%, Bottomed?
Boston Beer: Hard Seltzer Bubble Has Popped, Stock Is Below March 2020 Levels. SeekingAplha - Alexander Ebbinghouse Boston Beer Company's bubble has popped, and the stock is close to hitting a long-term support level. The share price is now below the Covid-induced lows of...
Spanish vs. US ‘Business’ Drinking.
Drinking slow, steady, and relentlessly. "I drink fast. I drink high quantity, high volume, and high speed..." When doing business in Spain, you've got a drink at the pace of your Spanish colleague or client because you need to be there at 3 o'clock in the morning when the relationship is the strongest,...
Volume Sales of Luxury Spirits in US Soar in Q1 (SpiritsBusiness).
Sales of luxury brands in the US grew by more than a third in the first quarter of 2022 compared with the same period in 2021, according to the Distilled Spirits Council of the US (Discus). LBI data from Discus shows the five-year performance of luxury spirits in the US
Make Your Own Wine, Seltzer, Iced Coffee at Home? $30 Million Invested in Cana.
Introducing Cana: A molecular beverage printer in every home helps us take a giant step towards decentralized manufacturing. Plans to do to the beverage industry, what streaming content did to the television content. Doing away with purchasing at stores, limited selections and plastic bottles and cans. https://player.vimeo.com/video/710554658?h=9b56a86db6
Has New Age Beverage Put Itself up For Sale?
Sad to see how things turned out, after such a promising launch. But it is what it is. We found New Age when it was called American Brewing and saw it morph and pivot numerous times as the share price rose from $0.36 to $8.47 a gain of 2,280%. Initiating...
More bad News for Boston Beer’s Push Into Hard Seltzer (YahooFinance)
Think twice before toasting shares of Boston Beer, maker of Truly Hard Seltzer, warned Goldman Sachs. "We are incrementally more cautious on Boston Beer and downgrade our rating to sell from neutral following recent feedback from our beer distributor contacts indicating that Truly’s momentum has decelerated further, driven primarily by the broader slowdown in...
Liquor Legend Harry Lukas, Launches Good Spirits Distilling.
Founder of Massively Successful Kansas City Based Retail Liquor Giant Lukas Liquors, Launches Good Spirits Distilling. A lifelong entrepreneur in the alcohol business, Harry Lukas worked in retail as a teenager and later in wholesale while in his 20's. In 1987 he launched his first store, Lukas Wine & Spirits in Overland Park, an...
The Alkaline Water Company Reports Record Second Quarter Revenue with 50% Year over Year Growth
$15.25 Million in Revenue is Best Quarter in Company History SCOTTSDALE, Ariz., November 09, 2021--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the "Company"), the country’s largest independent alkaline water company and the Clean Beverage® company, today announced record revenue of $15.25 million for the fiscal second quarter ended September 30, 2021....
Adding Wildpack (WLDPF) $0.70 to the Watch List.
It's been a while since we added a new name to the Beverage Stock Review Watch List. Our last three rather big winners were the Alkaline Water Co (WTER), New Age Beverages (NBEV) and Celcius (CELH) of course. But we think we've finally found another gem. Not a trade, but we are...