SodaStream International Ltd., together with its subsidiaries, develops, manufactures, and sells home beverage carbonation systems. Its home beverage carbonation systems enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The company offers sparkling water makers; exchangeable CO2 cylinders; CO2 refills; carbonation bottles; flavors; and other accessories, such as bottle cleaning materials and ice cube trays, as well as distributes Brita water filtration systems in Israel. It markets its products directly; and through individual retail stores, local distributors, and online under the SodaStream and Soda-Club brand names. The company sells its products through approximately 70,000 individual retail stores in 45 countries. SodaStream International Ltd. operates in the Americas; Western Europe; the Asia-Pacific; and Central and Eastern Europe, the Middle East, and Africa. The company was formerly known as Soda-Club Holdings Ltd. and changed its name to SodaStream International Ltd. in March 2010. SodaStream International Ltd. was founded in 1903 and is headquartered in Airport City, Israel.
SodaStream shares jump after earnings beat SodaStream International Ltd. SODA, +10.83% shares were up 13.6% in Tuesday premarket trading after the company said second-quarter earnings beat expectations. Net income totaled $7.8 million, or 37 cents per share, up from $960,000, or 5 cents per share, for the same period last year. The FactSet consensus was 21 cents per share. Revenue for the quarter totaled $119.2 million, up from $99.8 million for the same period last year, and beating the $106 million FactSet consensus. Revenue growth was attributed to a brand repositioning around sparkling water, according to Daniel Birnbaum, SodaStream chief executive officer, and an increase in sparkling water sales. SodaStream shares are up nearly 49% for the year so far while the S&P 500 Index SPX, -0.13% is up 6.2% for the same period.
SodaStream's stock soars toward 2-year high after profit and sales beat expectations Shares of SodaStream International Ltd. SODA, +1.15% shot up 12% in premarket trade Wednesday, putting them on track to open at the highest level since September 2014, after the sparkling water brand company beat third-quarter profit and sales expectations. http://www.marketwatch.com/story/so...es-beat-expectations-2016-11-10?siteid=yhoof2
Up 7% pre-market on an earnings beat: SodaStream profit more than triples, shares jump Source: http://www.marketwatch.com/story/sodastream-profit-more-than-triples-shares-jump-2017-02-15
$SODA another insane play. Look at that run. LIke who really is making soda at home in droves. All this signs of market excess
out of your minds buyin up here..stock was $12 less than a year ago...now $50...all priced in and then some..
Market Morning: Jackson Hole, Pepsi Buys SodaStream, Roundup Fallout Spreads, Korean Families Reunited – The Federal Reserve will have its annual symposium at that infamous hole, Jackson Hole, Wyoming, known primarily for hosting an annual Fed conference. Every word, facial expression, and awkward pause of every speaker will be analyzed on a quantum scale for any hints of future policy moves. The official topic of the conference will be the economic impact of enormous firms like Amazon.com (NASDAQ:AMZN). Based on what the market decides are the hidden messages within the speeches to be given at the conference, stocks are likely to move strongly in one way or another, provided that everyone agrees on what is being interpreted as what. Prepare your tea leaves. The demonization of soda, or “pop”, as some people in the Midwest like to call it, has taken strong root in the U.S.
Although SodaStream dates back to 1903, it was not until 1955 that it started manufacturing its flagship machine, known as the Apparatus for Aerating Liquids. The machine essentially allows users to convert tap water into carbonated water by injecting carbon dioxide gas. Users can also add flavour concentrate and at some point they were offering over 100 flavours.