National Beverage Corp Stock Price, News & Analysis

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.

National Beverage Corp. (NASDAQ: FIZZ) has declared a special cash dividend of $3.00 per share for shareholders of record on December 13, 2021. The stock will trade ex-dividend on December 10, 2021, with payment expected by February 11, 2022. This marks the eleventh special dividend in 17 years, totaling $13.28 per share or over $1.2 billion returned to shareholders. Strong operating cash flow has enabled this distribution despite ongoing pandemic challenges. The company will announce its Q2 results for the period ended October 30, 2021 by December 9, 2021.

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.