SodaStream Warns of Weak Demand, Sales | WHAT REALLY HAPPENED

SodaStream Warns of Weak Demand, Sales

SodaStream International Ltd. on Tuesday projected sharply lower-than-expected revenue for the third quarter, as sales were hurt by a continuing struggle to gain new customers and by weak demand for its soda makers and flavors.

As a result of the sluggish demand, the maker of beverage carbonation systems said it must change its strategy and improve its execution.

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