New Castle Equity Research updates National Beverage Corp. Price Target

Readers have asked us to provide an update on our National Beverage outlook given the outstanding Q3 results and the price appreciation (70%) since our article was published early last October at ValueWalk.

For those who have not reviewed Q3 results:  Top line sales were up 20%, operating margin expanded to 18.2%, and EPS was up 117%.  In our view, the quarter confirmed that FIZZ is the hottest growth story in the beverage industry.  We refer those looking for a detailed overview of our investment hypothesis to our last article, which can be found exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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