Goldman Sachs Comments On Hansen Natural Corporation

Goldman Sachs has published a research report on Hansen Natural HANS raising estimates upon stronger sales. In the report, Goldman Sachs comments, "Hansen (HANS) will report its 2Q11 EPS in early August. We are raising our 2Q2011 EPS estimate by $0.04, to $0.85, and now stand $0.03 above the consensus estimate. We raise our 2011/2012/2013 EPS estimates to $2.95/$3.51/$3.99 from $2.88/$3.32/$3.83, mostly reflecting a more positive sales outlook. The increase to our estimates reflect better US sales as HANS has been posting stronger-than-expected sales growth in the US convenience store data (up 22% ytd) as well as a slightly lower cost outlook as key spot commodities have retreated off of their peaks." Goldman Sachs rated Hansen Natural at Neutral with a price target of $75.00. Hansen Natural closed Friday at $78.29.