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ROSEN, A LEADING LAW FIRM, Encourages Primo Brands Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - PRMB, PRMW
Newsfile· 2025-11-21 03:39
Core Viewpoint - Rosen Law Firm is encouraging investors of Primo Brands Corporation and Primo Water Corporation to secure legal counsel before the January 12, 2026 deadline for a class action lawsuit related to securities misrepresentation during specified class periods [1][5]. Group 1: Class Action Details - Investors who purchased common stock of Primo Water Corporation between June 17, 2024, and November 8, 2024, or Primo Brands Corporation between November 11, 2024, and November 6, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][5]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 12, 2026 [3][5]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - Rosen Law Firm has a history of significant settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. Group 3: Case Background - The lawsuit claims that Primo Brands, formed after the merger between Primo Water and BlueTriton Brands, misrepresented key facts about the merger integration, leading investors to believe in accelerated growth and strong financial results [5]. - The defendants allegedly issued materially false and misleading statements regarding the merger's progress, which resulted in investor damages when the true details were revealed [5].
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Primo Brands Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - PRMB, PRMW
Globenewswire· 2025-11-21 00:25
Core Points - Rosen Law Firm is reminding investors who purchased common stock of Primo Water Corporation and Primo Brands Corporation during specified periods about a class action lawsuit with a lead plaintiff deadline of January 12, 2026 [1][3] Group 1: Class Action Details - Investors who purchased Primo Brands securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6] - The lawsuit claims that defendants misrepresented and failed to disclose key facts about the merger between Primo Water and BlueTriton Brands, leading to investor damages when the true details emerged [5] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and reputation in the field [4]
2 Reasons To Buy The Dip On Celsius Stock
Forbes· 2025-11-20 20:10
Core Insights - Celsius Holdings (CELH) experienced a significant stock decline of 24.8% following its third-quarter earnings report, despite exceeding earnings and revenue estimates [1] - Concerns regarding a channel change related to the newly acquired Alani Nu brand have negatively impacted investor sentiment [1] - The stock's drop marked its worst single-session decline since March 2021 [1] Stock Performance and Trends - Recent fluctuations in the stock price have led to frustration among investors attempting to capitalize on perceived buying opportunities [2] - CELH is currently testing a historically bullish trendline, with the stock trading above its 320-day moving average 80% of the time over the past two months [3] - Historical data indicates that similar signals in the past three years resulted in a 71% chance of the stock being higher one month later, averaging a 6.8% gain [4] Support Levels and Indicators - The stock is approaching a critical support level at the psychologically significant $40 mark [4] - The 14-Day Relative Strength Index (RSI) is in "oversold" territory at 20, indicating potential for a rebound [6] - Short interest has decreased by 16.2% in recent reporting periods, but 14.92 million shares sold short still represent 9.1% of the total float [6] Options Market Sentiment - A potential unwinding of pessimism in the options market could provide additional support for the stock [7] - The 10-day put/call volume ratio of 1.72 is in the highest percentile of its annual range, indicating a high level of bearish sentiment [7] - The Schaeffer's Volatility Index (SVI) of 57% ranks in the 26th percentile of its annual range, reflecting post-earnings volatility [7]
Does Celsius Holdings' Buyback Plan Signal Stronger Growth Ahead?
ZACKS· 2025-11-20 18:11
Core Insights - Celsius Holdings, Inc. (CELH) announced a $300 million share repurchase authorization, indicating strong confidence in its financial position and long-term fundamentals [1][4] - The company reported a 173% year-over-year revenue increase in Q3 2025, driven by acquisitions and growth in the Celsius brand [2][9] - CELH ended the quarter with nearly $806 million in cash, supported by strong operating cash flow and a healthy liquidity position [2][9] - Gross margin expanded by 530 basis points to 51.3%, enhancing internal funding capacity [2][9] - CELH reduced its debt by $200 million, lowering total debt to approximately $700 million and cutting its term loan rate, which is expected to reduce annual interest expenses by about $20 million starting in 2026 [3][4] Financial Performance - The fourth quarter of 2025 is expected to be uneven due to the transition of Alani Nu into PepsiCo's DSD network, but CELH's underlying performance remains strong [4] - PepsiCo plans to return nearly $8.6 billion to shareholders in 2025 through share buybacks and dividends, reflecting a healthy liquidity position [5] - Monster Beverage reported a 16.8% increase in net sales to $2.20 billion and a 41.4% growth in net income to $524.5 million, indicating a strong financial status [6] Stock Performance and Valuation - CELH shares have increased by 56.4% year-to-date, contrasting with a 14.7% decline in the industry [7][9] - CELH trades at a forward price-to-earnings ratio of 27.68, significantly higher than the industry average of 14.5 [10] - The Zacks Consensus Estimate for CELH's earnings implies year-over-year growth of 80% for 2025 and 20.7% for 2026 [12]
Monster faces modest tariff impact from aluminum costs
Yahoo Finance· 2025-11-20 14:26
Core Insights - The company is adopting a wait-and-see approach regarding tariff mitigation and price increases, indicating that it is premature to formulate a response to the tariffs imposed on imported aluminum [3] - The current tariffs are not expected to have a material impact on the company's operating results, but a modest impact is anticipated in the fourth quarter of 2025 and in 2026 [4] - The Midwest premium for aluminum has surged to a record high, significantly affecting the cost of cans purchased by the company [4][6] Pricing Strategy - The company raised prices effective November 1, focusing on revenue growth rather than directly addressing tariff impacts [5] - The pricing strategy takes into account consumer purchasing behavior, brand momentum, channel, and package mix [5] Industry Context - Other food manufacturers are also facing challenges due to aluminum tariffs, with The Campbell's Company reporting difficulties in offsetting tariff impacts due to a lack of domestic supply of certain steel derivatives [5] - The company expects to mitigate 60% of tariff costs in fiscal 2026 [5] - The CEO highlighted that there is insufficient capacity and supply available in the United States, which affects local purchasing options [6]
Vita Coco Rolls Out the Blue Carpet and Debuts the ‘Coco Card,’ Delivering the Ultimate Holiday Celebration Hack for New Yorkers
Globenewswire· 2025-11-20 14:00
Core Insights - Vita Coco is launching the Coco Card, a limited rewards card for New York City residents, aimed at enhancing the holiday experience with exclusive offers and perks [1][4][6] Group 1: Event Details - The Coco Card will be unveiled at a Blue Carpet experience in Washington Square Park on December 6th, starting at 11 am, where attendees can claim the card while supplies last [1][3] - The event will feature a 30-foot Blue Carpet activation, interactive photo opportunities, and free coconut water for guests [3][8] Group 2: Coco Card Benefits - Coco Card holders will receive exclusive rewards at various popular NYC locations, valid through January 2, 2026, while supplies last [4][7] - Perks include discounts and offers at notable establishments such as DoorDash, H&H Bagel, Joe Coffee, and COTE Korean Steakhouse, among others [7] Group 3: Product Positioning - Vita Coco's Original Coconut Water is highlighted for its naturally occurring electrolytes, making it suitable for both holiday cocktails and recovery after celebrations [2][4] - The brand positions itself as a convenient option for consumers during the busy holiday season, emphasizing its role in enhancing celebrations and recovery [4][6]
Bonk, Inc. Reports Q3 Financial Results: Emerges Debt-Free with $9 Million in Cash and 1,200% Revenue Growth
Globenewswire· 2025-11-20 13:30
Core Insights - Bonk, Inc. has completed its strategic transformation, settling legacy obligations and achieving its first-ever gross profit in the beverage segment, positioning itself for positive cash flow in the near future [1][2][5] Financial Performance - The company reported beverage sales of $1.51 million for the quarter, representing a more than 1,200% increase compared to $110,213 in the same period last year [8] - A gross profit of $543,142 was achieved, a significant turnaround from a gross loss of $(292,186) in the prior year period [8] - The company recorded $509,085 in related party income from digital assets, highlighting the financial impact of the new letsBONK.fun revenue-sharing agreement [8] Operational Developments - The beverage division is now free from the debts associated with the Yerbaé acquisition, allowing for improved profit margins as cost-streamlining measures take effect [5] - The digital asset strategy is yielding results sooner than expected, contributing to a high-margin, recurring income stream [5] Balance Sheet Strength - Bonk, Inc. has eliminated its legacy debt and holds approximately $9 million in cash as of September 30, 2025, providing a solid foundation for future growth without the need for immediate dilutive capital raises [2][8] - The company is on track to become cash flow positive as early as the fourth quarter of 2025 or the first quarter of 2026 [7]
Diamond Estates Wines & Spirits Reports Q2 2026 Financial Results
Newsfile· 2025-11-20 12:47
Financial Performance - Revenue for Q2 2026 was $8.5 million, an increase of $0.8 million from $7.7 million in Q2 2025, driven by the Winery division's sales growth in grocery and big-box stores [4] - Gross margin for Q2 2026 was $5.9 million, an increase of $1.7 million from $4.2 million in Q2 2025, with gross margin as a percentage of revenue growing to 69.8% from 53.8% [4] - Adjusted EBITDA increased by $1.3 million to $1.8 million in Q2 2026 from $0.5 million in Q2 2025, attributed to improving gross margins in the Winery division [4] - EBITDA decreased by $0.1 million to $0.9 million in Q2 2026 from $1.0 million in Q2 2025, primarily due to non-operational items in the prior year [4] - Net income decreased from $0.2 million in Q2 2025 to $Nil in Q2 2026, influenced by non-operational and one-time items [4] Strategic Initiatives - The company is focusing on strengthening its portfolio and investing in the retail sales team, aiming for significant growth in VQA products [7] - The company is benefiting from a strong 'buy local' movement, which is expected to persist over the long term [7] Shareholder Actions - The company issued an aggregate of 764,917 common shares at a price of $0.21 per share as part of the contingent consideration for the acquisition of Perigon Beverage Group [1] - The company granted a total of 1,250,000 stock options at a strike price of $0.19 per option to an officer, with options vesting at 25% annually [3] - Amendments to the Company's Stock Option Plan and DSU Plan were approved, allowing for a maximum of 13,376,703 common shares to be issued under security-based compensation arrangements [5] Debt Management - The company obtained a 60-day forbearance on most convertible debentures and related accrued coupon interest, with expectations for a rollover under updated terms [6]
Jones Soda Launches Rocket Bottle at Fallout™ Fan Celebration
Prnewswire· 2025-11-20 11:30
Core Insights - Jones Soda Co. launched a new product, the Rocket Bottle, which is a 2-lb glass bottle designed to celebrate the Fallout franchise, specifically the Nuka-Cola Quantum brand [1] - The Rocket Bottles were introduced at the Fallout fan event in Nevada, following the success of previous Fallout-themed products, including the Vault-Tec Supply Pack and custom 4-packs of Sunset Sarsaparilla [1][2] - The company has seen strong demand for its products, leading to expanded distribution efforts across various retail locations, including Costco and Kroger [1] Company Overview - Jones Soda Co. is a leading craft soda manufacturer, marketing premium craft sodas under the Jones Soda brand, with products sold across North America [2] - The company is headquartered in Seattle, Washington, and distributes its products through traditional beverage outlets, restaurants, and alternative accounts [2]
The High-Yield ETF I'm Buying for Passive Income This November
The Motley Fool· 2025-11-20 08:11
Core Viewpoint - The Schwab U.S. Dividend Equity ETF (SCHD) is highlighted as an attractive investment option for generating passive income through a diversified portfolio of high-quality dividend stocks, with a focus on steady income growth and total return potential [2][9][13]. Group 1: ETF Overview - The Schwab U.S. Dividend Equity ETF tracks the Dow Jones U.S. Dividend 100 Index, which includes 100 high-quality dividend stocks selected based on dividend yield, five-year dividend growth rate, and financial strength [3]. - The ETF's holdings have an average yield approaching 4% and have grown their payouts at a compound annual rate of over 8% in the past five years, providing a reliable income stream for investors [4][9]. Group 2: Key Holdings - Notable top holdings in the ETF include PepsiCo, Coca-Cola, Chevron, and Verizon, all of which have strong dividend growth records and high current yields, contributing to the ETF's overall performance [6][8]. - PepsiCo, for instance, has a current dividend yield of 3.9% and has increased its dividend for 53 consecutive years, showcasing its financial stability and commitment to returning value to shareholders [6]. Group 3: Performance Metrics - Since its inception in 2011, the Schwab U.S. Dividend Equity ETF has achieved an average annual total return of 11.6%, with over 10% average annualized total returns over the past three, five, and ten-year periods [12]. - The combination of increasing income and potential price appreciation from the underlying companies positions the ETF as a strong option for investors seeking both passive income and capital growth [11].