Wed, Jul 2, 8:44 PM (17 days ago)
**Summary of National Beverage Corp. (FIZZ) 10-K for Fiscal Year Ended May 3, 2025** **Financial Performance:** - **Revenue:** $1,201.4 million, up 0.8% from $1,191.7 million in Fiscal 2024. - **Net Income:** $186.8 million, up from $176.7 million in Fiscal 2024. - **Earnings Per Share (EPS):** $1.99 (diluted), up from $1.89 in Fiscal 2024. - **Gross Profit:** $443.9 million, up from $428.5 million in Fiscal 2024. - **Operating Income:** $235.5 million, up from $218.5 million in Fiscal 2024. **Strategic Overview:** - National Beverage Corp. focuses on a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks. - Key brands include LaCroix, Everfresh, Mr. Pure, Shasta, and Faygo. - The company emphasizes innovation, healthier beverages, and unique flavors to cater to consumer preferences. **Future Outlook:** - Continued investment in capacity expansion, sustainability, and packaging capabilities. - Focus on digital presence and consumer engagement to enhance brand loyalty. - Expansion of distribution to other regions beyond the primary U.S. market. **Risk Factors:** - Competition in the beverage industry. - Fluctuations in raw material and energy costs. - Seasonal sales variations. - Regulatory changes and compliance costs. - Labor shortages and inflation in labor costs. **Financial Condition:** - Cash and cash equivalents: $193.8 million. - Total assets: $672.9 million. - Total liabilities: $228.9 million. - Shareholders' equity: $444.0 million. **Market Position Changes:** - LaCroix remains the leading premium domestic sparkling water brand. - Continued focus on healthier beverage options to meet consumer demand. **Other Highlights:** - Paid a special cash dividend of $304.1 million in the first quarter of Fiscal 2025. - No shares repurchased during Fiscal 2025. - Authorized a program to repurchase 3.2 million shares, with approximately 1.9 million shares remaining available. **Summary:** National Beverage Corp. demonstrated solid financial performance in Fiscal 2025, with increased revenue, net income, and EPS. The company continues to focus on innovation, healthier beverages, and strategic investments to maintain its market position and drive future growth.