National Beverage offers a compelling 4.6% estimated forward yield via special dividends, appealing to income-focused investors despite inconsistent payouts. FIZZ's core La Croix brand faces market share pressure from larger competitors, and revenue growth has slowed to low single digits. Management's new stock buyback plan and improving margins support EPS growth, but the stock remains slightly overvalued with a projected price target 10% below current levels.
In the world of soft drinks, the Coca-Cola name holds so much sway and global recognition that it's hard to imagine what life would be like without this drink.
National Beverage's sales volume was especially slow in the most recent fiscal Q3 report due to wildfires in California, severe winter weather, and slower industry sales. The company has still maintained stable earnings through good pricing power, cost deflation in packaging, and prudent SG&A management. Going forward, the industry outlook for beverages seems to be improving. The LaCroix brand's new flavor launch should also contribute to a growth resurgence.
| - Industry | - Sector | Nick A. Caporella CEO | LSE Exchange | US6350171061 ISIN |
| US Country | 1,559 Employees | 24 Jul 2024 Last Dividend | 31 May 2007 Last Split | 6 Sep 1991 IPO Date |
National Beverage Corp., established in 1985 and headquartered in Fort Lauderdale, Florida, is an influential entity in the beverage industry, particularly within the United States and Canada. The company operates through its subsidiaries, engaging in the development, production, marketing, and sales of a diversified portfolio that includes sparkling waters, juices, energy drinks, and carbonated soft drinks. Serving a wide range of customers, National Beverage Corp. caters to retail markets as well as various smaller accounts, ensuring its presence across take-home, convenience, and food-service distribution channels.
National Beverage Corp. boasts a broad and varied range of beverages under its Power+ brand portfolio, catering to a wide array of consumer tastes and preferences: