Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

3/9/17

National Beverage (FIZZ) is bubbling over. The beverage company known for brands such as LaCroix, Shasta sparkling water, and energy drink, Rip is up 10% to a new 52 week high following better than expected earnings. The company reported $24.29 million in profit more than double the $11.2 million it reported in earning for the same period last year. The bump in profits is due to strong sales. National Beverage reported almost $194.6 million in net sales for the quarter, up from $109.1 million last year.

Name change has not helped things. Tailored Brands (TLRD) shares plunged 32% after the company reported disappointing fourth-quarter results and issued weak 2017 guidance. The parent for Men's Wearhouse posted an adjusted loss of 19 cents per share on revenue of $793 million missing estimates for a loss of 12 cents per share on revenue of $811 million. The company gave a weak guidance, estimating its diluted earnings for 2017 to be between $1.45 a share and $1.75 per share. The company is blaming a challenging retail environment with soft traffic across all their retail brands.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.