Welcome to our dedicated page for National Beverage news (Ticker: FIZZ), a resource for investors and traders seeking the latest updates and insights on National Beverage stock.
National Beverage Corp. reports news on a U.S. non-alcoholic beverage business anchored by LaCroix sparkling water and supported by brands including Rip It energy drinks, Everfresh juices, Shasta and Faygo. Company updates commonly cover quarterly results, net sales, margins, volume trends, pricing, commodity and tariff cost pressures, and operating cash flow.
Recurring developments also include new LaCroix flavors and variety packs, Shasta and Faygo ZERO Sugar products, retail distribution, sponsorships and consumer marketing programs. Corporate news may address share repurchases, dividend history, shareholder-return actions, and long-running philanthropic activity tied to St. Jude Children’s Research Hospital.
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.