The leader behind LaCroix took the unusual step of apologizing for a bad quarter. Then he blamed the flavored fizzy water maker's weak performance on "injustice" and compared the company to a disabled person.National Beverage shares dived 16 percent Friday, one day after CEO Nick Caporella's bizarre explanation for the company's first quarterly sales decline in five years and 39-percent drop in profit.
Bubble Trouble: Lacroix's Ceo Blames Lawsuit For Seltzer-maker's Plunging Sales, Profit
By Hamza Shaban The Washington Post, The Providence Journal
Sat, 03/09/2019 - 3:06pm
Sections: u.s.
Topics: Rhode Island Providence County Providence
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