National Beverage(NASDAQ) FIZZ

National Beverage Corp. makes a variety of drinks for thirsty people. They help customers find healthier alternatives to sugary sodas. The company sells drinks through retailers in North America.

What's in the Fridge?

• Power+ Brands: Health-focused beverages including LaCroix sparkling water, Clear Fruit flavored water, and Rip It energy drinks.
• Juice Products: Portfolio of 100% juice and juice-based drinks featuring the Everfresh and Mr. Pure brands.
• Soft Drinks: Carbonated beverage line featuring long-standing brands Shasta and Faygo with over 135 years of history.

Refreshing the Strategy

• Developed healthier beverages to meet the global shift toward low-calorie and non-artificial options.
• Tailored the product portfolio to attract consumers seeking alternatives to high-calorie drinks.
• Pursued options to expand beverage distribution to regions outside of the United States.
• Emphasized unique flavor variety to reach multiple demographic groups.

Faster Than the Big Guys

National Beverage utilizes a hybrid distribution system that allows retail partners to pick up beverages directly at warehouses to lower costs. This flexible model helps the business respond more creatively to changing trends than larger competitors with complex production systems.

The Latest Numbers

• Net sales were $330.7 million for the first quarter of fiscal 2027, staying approximately flat compared to the first quarter of fiscal 2026.
• Gross margin was 35.0% for the first quarter of fiscal 2027, down from 38.0% for the first quarter of fiscal 2026.
• Aluminum costs reduced the gross margin by approximately 600 basis points in the first quarter of fiscal 2027.
• The company paid a special cash dividend of $304.2 million on July 30, 2026.
• Working capital was $190.6 million at Aug. 1, 2026, compared to $457.8 million at May 2, 2026.

The Big Picture

National Beverage has shifted its focus toward healthy, sparkling water and energy brands to meet modern consumer tastes. Its lean operations and diverse brand portfolio allow it to compete effectively in the North American beverage market.