National Beverage Corp. (FIZZ)

In the past six months, National Beverage Corp.'s stock price has declined by 25.75%. Key events impacting the stock include earnings reports, a stock buyback program, analyst sentiment, and special dividends. For the fiscal year ending May 3, 2025, the company reported increases in net sales, operating income, and net income. In September 2025, Q1 2026 results showed a slight revenue increase but a decrease in EPS. Q2 2026 results showed an EPS of $0.50, missing analyst estimates, and revenue of $288.33 million, also below expectations. On October 30, 2025, National Beverage Corp. announced the commencement of open market purchases of its common stock under a previously announced share buyback program. The company has received a consensus "Sell" rating from analysts. The company paid a special dividend of $3.25 per share in 2024.

Demand for National Beverage Corp.'s products is subject to seasonality. The company typically experiences higher sales volumes during the summer months. Performance in the third quarter can be challenging due to unpredictable winter weather patterns. Modern beverage marketing strategies are increasingly moving beyond traditional summer/winter planning to account for "micro seasons" and dynamic consumer behaviors throughout the year.

National Beverage Corp. is a holding company specializing in non-alcoholic beverages, with a focus on functional and healthier options. Its product categories include sparkling waters, non-carbonated waters, energy drinks, juices, and carbonated soft drinks. The company's flagship brand is LaCroix sparkling water, known for being zero-calorie, zero-sugar, and naturally flavored. Other key brands include Clear Fruit, Rip It, Everfresh, Everfresh Premier Varietals, Mr. Pure, Shasta, and Faygo.

National Beverage Corp. primarily operates in the United States and Canada, with a strong market presence across the United States. The company's headquarters are located in Fort Lauderdale, Florida.

National Beverage Corp. has actively worked to maintain and enhance its brand reputation, particularly for LaCroix sparkling water. LaCroix continues to be recognized as a popular, healthier alternative to traditional sodas. The company's strategic focus on innovation and branding has led to the introduction of new LaCroix flavors. National Beverage has also engaged in various marketing campaigns and partnerships to boost brand visibility and foster an emotional connection with consumers.

National Beverage Corp. has a concentrated ownership structure. Nick A. Caporella, the company's Chairman and CEO, is the largest individual shareholder. Joseph G. Caporella is also noted as an insider owner. Institutional investors collectively own between approximately 22.14% and 24.81% of the company's shares. Major institutional owners include BlackRock, Inc., Renaissance Technologies Llc, Vanguard Group Inc, Kayne Anderson Rudnick Investment Management Llc, Dimensional Fund Advisors Lp, State Street Corp, and Geode Capital Management, Llc.