National Beverage ( (FIZZ) ) has released its Q3 earnings. Here is a breakdown of the information National Beverage presented to its investors.
National Beverage Corp., a prominent player in the beverage industry, is known for its innovative approach to creating refreshing drinks, including the popular LaCroix sparkling water.
In its latest earnings report, National Beverage Corp. announced improved operating profit for the third quarter ending January 25, 2025, despite challenges posed by severe weather conditions and natural disasters affecting key markets.
The company reported net sales of $267 million for the quarter, with a 5% increase in operating profit to $51 million and earnings per share of $0.42. Over the trailing twelve months, net sales rose to $1.2 billion, while operating profit increased by 8% to $231 million, and net income saw a 10% rise to $186 million. The company’s marketing strategies and brand reinforcement efforts, including sponsorships and consumer engagements, have been pivotal in maintaining its market presence.
Looking ahead, National Beverage Corp. remains optimistic about its innovation pipeline, particularly with LaCroix’s new creativity in the sparkling water category, which is currently being tested and shows promising results. The company’s commitment to health-focused beverages aligns with broader media trends, supporting its growth trajectory.