LaCroix Maker Notes Headwinds From SNAP, Shutdown and Tariffs -- Market Talk

Dow Jones10-31

1532 ET - The expected Nov. 1 halt of SNAP benefits is one of the headwinds that LaCroix maker National Beverage mentions. It says the government shutdown, tariffs and reduced purchasing have impacted the consumer retail and beverage sector. National Beverage says it continues to generate superior cash flows. The company is buying stock on the open market saying current prices don't accurately reflect its underlying value. Shares rise 2.7% to $33.35 and are down about 22% this year. On Oct. 10, MTY Food Group, home to many chains including Cold Stone Creamery and Wetzel's Pretzels, mentioned that SNAP funding disruptions could hurt discretionary spending. (josh.beckerman@wsj.com)

 

(END) Dow Jones Newswires

October 30, 2025 15:32 ET (19:32 GMT)

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