National Beverage Corp Stock Price, News & Analysis

National Beverage Corp. (NASDAQ: FIZZ) reported net sales of $311.7 million for the first quarter ended July 31, 2021, a notable increase from $293.4 million the previous year. The gross profit reached $124.8 million, maintaining a 40% gross margin. Operating income was $70.3 million, or 22.6% of sales. Earnings per share rose to $.58, up from $.55. The company highlighted ongoing challenges due to labor and material shortages but reported strong consumer loyalty and growth in its Power+ brand.

National Beverage Corp. (NASDAQ: FIZZ) reported record results for the fiscal year ending May 1, 2021. Key highlights include net sales of $1.1 billion, up 7.2%, with a gross profit of $421.6 million, marking a 13.9% increase. Operating income rose to $227.8 million, representing 21.2% of sales, while earnings per share increased by 34% to $1.87. The balance sheet shows cash of $193.6 million and a current ratio of 2.5:1 after a $279.9 million cash dividend and a one-for-one stock split. Innovative product launches are expected to drive further growth.

National Beverage Corp. (NASDAQ: FIZZ) is set to launch three new naturally-essenced LaCroix flavors: Beach Plum™, Black Razzberry™, and Guava São Paolo™. These varieties aim to enhance summer refreshment and evoke vibrant tropical sensations. The introduction follows a positive reception for previous flavors like LimonCello, Pastèque, and Hi-Biscus. LaCroix plans to distribute these flavors nationwide by spring, emphasizing the brand's commitment to innovation, unique taste experiences, and attractive packaging.

National Beverage Corp. (NASDAQ: FIZZ) reported its best third quarter results ending January 30, 2021, marking a continued recovery in performance. Key figures include net sales of $246 million (up 10%), gross profit of $96 million (up 16.5%), and net income of $37 million (up 38%). Earnings per share rose to $0.39 from $0.29. The company declared a special cash dividend of $6.00 per share and a 100% stock dividend. Despite competitive pressures, LaCroix’s popularity surged, with the overall brand volume increasing 14%, indicating strong consumer loyalty.

National Beverage Corp. (NASDAQ: FIZZ) announced a one-for-one stock split in the form of a stock dividend, effective February 19, 2021, for shareholders of record on February 16, 2021. Trading will commence on a split-adjusted basis on February 22, 2021. This action aims to enhance market liquidity and provide long-term value to investors. Over the past 20 years, shareholders who reinvested dividends multiplied their initial investment by over 80 times. The company will report its third-quarter financial results on or before March 11, 2021.

National Beverage Corp. (NASDAQ:FIZZ) announced a $6.00 per share cash dividend, payable on January 29, 2021. Since 2004, the company has paid total cash dividends of $20.56 per share, distributing over 80% of earnings. Despite this, it maintains over $200 million in cash reserves and no long-term debt. The company continues to experience year-over-year revenue and earnings growth for four consecutive quarters, driven by successful product launches in the sparkling water category. Upcoming innovative products are expected to further enhance market presence.

National Beverage Corp. (FIZZ) reported strong financial results for Q2 FY 2021, with net sales increasing to $272 million, up 8% year-over-year. The gross margin rose 16.4% to $108 million, and operating profit increased to 22.7% of sales. Net income surged 44% to $47.2 million or $1.01 per share. For the trailing twelve months, net sales totaled $1,050 million, with earnings per share climbing 36.8% to $3.46. The company emphasizes creativity and commitment to shareholder value amid ongoing challenges.

National Beverage Corp. (NASDAQ: FIZZ) has announced an increase in its special dividend from $3.00 to $6.00 per share, payable by February 2, 2021. This adjustment, made by the Board of Directors, acknowledges the company's loyal shareholders and reflects the challenges faced during 2020. The decision aims to provide greater financial relief amid the ongoing pandemic and economic difficulties. The company has emphasized its commitment to rewarding shareholders, especially during these trying times.

National Beverage Corp. (NASDAQ: FIZZ) announced a special cash dividend of $3.00 per share for shareholders record on December 4, 2020. The ex-dividend date is December 3, 2020, with payment planned on or before February 2, 2021. This marks the tenth cash dividend since 2004, totaling $14.56 per share or $675 million distributed to shareholders. The Board is monitoring ongoing COVID-19 impacts and future tax policies before finalizing the dividend amount. National Beverage will release its second-quarter financial results on or before December 10, 2020.