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 (NASDAQ: FIZZ), creator of LaCroix sparkling waters and legacy soda brands, maintains this centralized news hub for investors and industry observers. Track official press releases, financial disclosures, and market developments through our curated collection of FIZZ-related updates.
This resource provides timely access to earnings announcements, product innovation news, and strategic partnership updates. Discover coverage of operational milestones across National Beverage's vertically integrated production network and multi-channel distribution system.
Content is organized to highlight essential developments including regulatory filings, leadership changes, and industry trend analyses relevant to the non-alcoholic beverage sector. All materials are sourced from verified corporate communications and reputable financial publications.
Bookmark this page for streamlined monitoring of National Beverage Corp's market position, brand portfolio evolution, and responses to shifting consumer preferences in functional beverages and sparkling waters.
National Beverage Corp. (NASDAQ: FIZZ) reported record results for Q4 and the fiscal year ending April 27, 2024. Q4 net sales rose by $11 million to $297 million, with gross margins increasing by 100 bps to 36.7% of sales. Net income for Q4 surged by 20% to $44 million, or $0.47 per share. For the fiscal year, net sales climbed by $19 million to $1.2 billion, and operating profits grew by 240 bps to $218 million. Net income increased by 24% to $177 million, or $1.89 per share, and cash reserves rose by $169 million to $327 million. The company credited its LaCroix and Rip It brands for a 5% increase in overall case volume, bolstered by innovative new products such as Mojito LaCroix and Shasta Zero Sugar.
The spokesperson emphasized the importance of innovation and creative packaging in driving growth. The company also highlighted a strategic focus on shareholder value, culminating in a recently announced dividend.
National Beverage Corp. (NASDAQ: FIZZ) has announced that its LaCroix brand is now the official sparkling water of Inter Miami CF, a prominent MLS team. This partnership aims to foster community engagement and promote healthy lifestyles in South Florida. The agreement extends to Inter Miami CF's youth soccer program, encouraging sports participation. The collaboration will also enhance fan experiences during matches with refreshing LaCroix beverages and special promotional activities with local retailers.
LaCroix Sparkling Water, a brand of National Beverage Corp. (NASDAQ: FIZZ), has announced a new multi-year partnership with San Diego Wave FC. This collaboration aims to promote women's sports and community engagement. As part of this partnership, LaCroix will sponsor the Wave's annual youth tournament and feature its logo on player training kits. The partnership will also include significant broadcast marketing to boost visibility for both LaCroix and San Diego Wave FC. LaCroix emphasizes the importance of sports in uniting communities and inspiring positive change.
National Beverage Corp. (NASDAQ: FIZZ) has declared a special cash dividend of $3.25 per share, payable to shareholders of record on June 24, 2024. This marks their twelfth special dividend in 20 years, summing up to $16.53 per share, or over $1.5 billion. The ex-dividend date is June 24, 2024, and payment will be made by July 24, 2024. The company has reported eleven consecutive quarters of record sales, increasing gross profits, and operating income. Fiscal year results ending April 27, 2024, will be announced by June 26, 2024. LaCroix, a brand under National Beverage, continues to be a market leader with its innovative flavors and trusted brand reputation.
National Beverage Corp. (NASDAQ: FIZZ) reported a strong performance for its third quarter ending
- 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.
FAQ
What is the current stock price of National Beverage (FIZZ)?
What is the market cap of National Beverage (FIZZ)?
