National Beverage Corp Stock Price, News & Analysis

National Beverage Corp. (NASDAQ: FIZZ) reported a strong performance for its third quarter ending January 28, 2023. Key highlights include:

• Net sales rose to $268 million, marking the highest Q3 sales.
• Gross profit reached $95 million, representing 35% of sales.
• Net income was $34 million, with earnings per share increasing 12% to $.37.
• The company ended the quarter with $118 million in cash.

The management emphasized ongoing innovation and efforts to enhance margins, indicating optimism for future growth.

National Beverage Corp. (NASDAQ:FIZZ) commemorates its 29th year supporting St. Jude Children’s Research Hospital in its mission to find cures and save children. CEO Nick A. Caporella emphasizes the importance of unwavering support for St. Jude's research and patient care. Founded in 1962 by Danny Thomas, St. Jude provides free care to families, ensuring they focus on their child's health without financial burdens. The company encourages public involvement this holiday season to enhance St. Jude's efforts.

National Beverage Corp. (NASDAQ: FIZZ) reported a strong performance for Q2 ending October 29, 2022, with net sales reaching $300 million, marking the highest second quarter ever for the company. Net income stood at $36 million, translating to earnings per share of $.39. Cash reserves grew to $93 million. The company emphasized its unique product offerings and innovation in flavors, particularly within its LaCroix and Rip It brands, while expressing optimism about growth opportunities in markets like Canada and Mexico.

National Beverage Corporation (NASDAQ: FIZZ) reported its first quarter fiscal 2023 results with net sales of $318.1 million and a net income of $35.5 million.

Earnings per share stood at $0.38, while cash reserves increased to $56 million after a $30 million debt repayment.

The company acknowledged a decline in sparkling water volume and emphasized its commitment to long-term brand growth despite current market challenges.

National Beverage Corp. (NASDAQ: FIZZ) reported record net sales of $1.14 billion for the fiscal year ending April 30, 2022, marking a 6.1% increase. Gross profit reached $417.8 million with an operating income of $207.9 million. The earnings per share (EPS) stood at $1.70, the second highest ever. The company declared total cash dividends of $6.00 per share in 2022 and 2021. Despite challenges from COVID-19, brand LaCroix saw volume gains, and innovation continued with new flavors like LaCroix Cherry Blossom.

National Beverage Corp. (NASDAQ: FIZZ) announced that its LaCroix Cherry Blossom flavor won the Flavored Water Category in PEOPLE’s Food Awards 2022. Introduced in March 2022, Cherry Blossom is recognized for its unique, fruity, and floral taste. This accolade was determined by a panel of over 150 testers from across the U.S. The LaCroix spokesperson highlighted the brand's commitment to innovation and quality, predicting that Cherry Blossom will become a consumer favorite.

National Beverage Corp. (NASDAQ: FIZZ) reported a record third-quarter net sales of $259 million for the quarter ending January 29, 2022. The gross profit reached $94 million, marking the second highest in the company's history. Earnings per share were $.33, reflecting a challenging year with case volume slightly below last year but up by 6.4% compared to pre-pandemic levels. The company cited rising costs for packaging, ingredients, and transportation as factors for increased pricing, demonstrating its brand pricing power.

National Beverage Corp. (NASDAQ: FIZZ) announces the launch of its new LaCroix flavor, Cherry Blossom, timed for Valentine's Day. This unique flavor blends sweetness with a hint of tartness, embodying the essence of spring. The spokesperson emphasized that the Cherry Blossom flavor symbolizes freshness and beauty, touting its exquisite taste and packaging. The beverage will be available at select retailers nationwide starting in March 2022.