Beckett’s Expands Non-Alcoholic Line with New Margarita Variety Pack

An update from Beckett’s ( (TSE:BKTS) ) is now available.

Beckett’s Inc. has announced the launch of its new Fiesta Margarita 8-Pack, a seasonal variety pack of non-alcoholic sparkling canned margaritas, available nationwide starting June 18. This expansion of their product line aims to capture the summer market with refreshing flavors like Lime, Strawberry, Mango, and Pineapple Margarita, aligning with their mission to offer flavorful non-alcoholic alternatives. This launch is expected to strengthen Beckett’s position in the non-alcoholic beverage market, leveraging its growing popularity and distribution network.

Spark’s Take on TSE:BKTS Stock

According to Spark, TipRanks’ AI Analyst, TSE:BKTS is a Underperform.

The overall score reflects significant financial vulnerabilities, with declining revenues and negative profitability heavily weighing down the score. Technical analysis adds to bearish sentiment, while valuation concerns further detract from attractiveness. The stock is currently not positioned as a strong investment opportunity without substantial improvements in financial health and operational efficiency.

To see Spark’s full report on TSE:BKTS stock, click here.

More about Beckett’s

Beckett’s Inc. is a fast-growing non-alcoholic beverage brand that specializes in cocktail-inspired drinks without alcohol. The company offers a variety of non-alcoholic beverages, including Beckett’s Tonics® and Beckett’s ’27® spirits, and is known for its bold flavors and innovative approach. Beckett’s products are available at major retailers like Total Wine & More, GoPuff, Amazon, and Walmart.com, and the company has experienced 30% year-over-year growth.

Average Trading Volume: 59,203

Technical Sentiment Signal: Sell

Current Market Cap: C$9.08M

See more insights into BKTS stock on TipRanks’ Stock Analysis page.