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JSDA $8.70 Just jumped up $1.00 per share. This has gone as high as $11.00 in the past few months
Jones Soda Listed in Kmart Stores
By BusinessWire Last Update: 7/19/2006 12:00:59 PM Data provided by
SEATTLE, Jul 19, 2006 (BUSINESS WIRE) -- Jones Soda Co. (the "Company" or "Jones") (JSDA) (JSD), is pleased to announce that it has received a listing to sell Jones Soda in all 1450 KMART stores in the United States.
Peter van Stolk, President and CEO stated, "Kmart has a great presence throughout the country. Having our brand listed in such a high profile retailer will increase Jones Soda's brand awareness immensely throughout the country."
Headquartered in Seattle, Washington, Jones Soda Co. manufactures its Jones Soda, Jones Energy, Jones Organics, Jones Naturals and Whoopass brands and sells through its distribution network in select markets across North America. A leader in the premium soda category, Jones is known for its innovative labeling technique that incorporates always-changing photos sent in from its consumers. Jones Soda is sold through traditional beverage retailers and everywhere you'd never expect to find a soda.
The statements in this press release by the Company are subject to certain risks, including, among others, future demand for its products, competition from other businesses providing similar products, the ability to maintain profitability and control expenses and the Company's ability to successfully execute its business strategy. These and other risks and uncertainties are discussed in more detail in the Company's periodic reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, which are available at the SEC website at www.sec.gov.
quote: One of our “Furious Five” picks for 2006 Jones Soda (NASDAQ: JSDA) traded up $1.33 to close at $9.05 as the company announced that they have inked a deal with K-Mart which is now owned by Sears Holdings (NASDAQ: SHLD), to sell their beverage line at over 1450 K-Mart Stores. As we have said over the past few months, Jones Soda is more of a lifestyle brand than a beverage product and once they get the distribution behind them this stock could be the next Hansen Natural (NASDAQ: HANS) which traded over $200 a share before the 4 for 1 split. We are looking forward to speaking with Jones Soda in the very near future so that our listeners/readers can get a better feel for the company.
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