The decline in FIZZ in Q1 2020 was primarily because of a blowout quarter in the year-ago period.
Looking at sequential revenues, there are signs of normal seasonal revenue trends having returned.
More to the point, the LaCroix brand appears to have fought off negative consumer perception, proving the value of the brand.
Buying the stock now could mean significant appreciation once year-over-year revenue growth returns.
There's no question that National Beverage Corp. (FIZZ) has been in trouble for the past several quarters. The stock has plummeted 40% since the start of the year on the back of legal