National Beverage Corp Stock Price, News & Analysis

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.

National Beverage Corp. (NASDAQ:FIZZ) has announced a special cash dividend of $3.00 per share, set for payment on December 29, 2021. This decision reflects the company’s strong operational performance, allowing it to reward its loyal shareholders, especially during the holiday season. The Board of Directors acted to accelerate the dividend payment due to the uncertain tax environment. Additionally, National Beverage will disclose its third-quarter results for the period ending January 29, 2022, by March 10, 2022.

National Beverage Corp. (NASDAQ: FIZZ) celebrates its 28th year supporting St. Jude Children’s Research Hospital, emphasizing the importance of hope for children facing serious health challenges. CEO Nick A. Caporella highlights the company's gratitude for this partnership and urges others to support St. Jude, especially during financially challenging times. St. Jude provides treatment regardless of a family's ability to pay, and donations can be made online or via phone. The company's commitment reinforces its community involvement and corporate responsibility.

National Beverage Corp. (NASDAQ: FIZZ) reported a record net sales of $283.2 million for the second quarter ended October 30, 2021, reflecting a 13% increase from pre-pandemic levels. The gross profit stood at $101.5 million, with earnings per share at $.42. Cash reserves rose by 41% to $273 million. However, demand exceeded supply, resulting in significant backlogs. The company announced a $3.00 per share cash dividend, highlighting its commitment to delivering long-term shareholder value.