Author: Kate Gibson / Source: CBS News
The chief executive of National Beverage, best known for its LaCroix water brand, has a novel explanation for why the company’s sales and profits are drying up: “injustice.”
CEO Nick Caporella said in a statement late Thursday that the weak quarter — a nearly 40 percent drop in earnings and a 2.
9 percent slide in sales — didn’t stem from “negligence nor mismanagement nor woeful acts of God,” but rather that “much of this was the result of injustice!”While the executive didn’t elaborate on what he meant, the company has had its share of unwanted media…
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