National Beverage downgraded by UBS with a new price target
$FIZZ
Beverages (Production/Distribution)
Consumer Staples
UBS downgraded National Beverage from Neutral to Sell and set a new price target of $92.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/4/2023 | $42.00 → $38.00 | Hold → Underperform | Jefferies |
Jefferies downgraded National Beverage from Hold to Underperform and set a new price target of $38.00 from $42.00 previously
UBS Group downgraded National Beverage from Neutral to Sell
UBS downgraded National Beverage from Neutral to Sell and set a new price target of $92.00
National Beverage Corp. (NASDAQ:FIZZ) today announced results for its first quarter ended July 27, 2024. Compared to the prior year: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240905191200/en/LaCroix Strawberry Peach (Photo: Business Wire) Net sales increased to a record $329 million. Operating profit increased 10% to $70 million. Net income increased 14% to a record $57 million. After a $304 million dividend payment, cash exceeded $77 million; and Earnings per share increased from $.53 to $.61. "Some may call this summer of 2024 – the summer of gold, the summer of champions and maybe even the summer of chall
National Beverage Corp. (NASDAQ:FIZZ) today announced results for its fourth quarter and fiscal year ended April 27, 2024. Our recent disclosures and this earnings report confirm that a new and more stimulating period has begun. Compared to the prior year – Fourth Quarter Net sales increased $11 million to $297 million; Gross margins grew 100 bps to 36.7% of sales; and Net income increased 20% to $44 million, or $.47 per share. Fiscal Year Net sales increased $19 million to $1.2 billion; Operating profits grew 240 bps to $218 million; Net income increased 24% to $177 million, or $1.89 per share; and Cash increased $169 million to $327 million. "We are pleased to
National Beverage Corp. (NASDAQ:FIZZ), honoring its committed goal to shareholders, today announced that its Board of Directors has declared a special cash dividend of $3.25 per share to shareholders of record on June 24, 2024. FIZZ will trade ex-dividend on June 24, 2024, and the payment date for this dividend will be on or before July 24, 2024. "With this special dividend, our twelfth in the past 20 years, FIZZ holders will have received $16.53 per share, or over $1.5 billion," stated a company spokesperson. "Our consistent performance in unusual circumstances and excellent, innovative products continue to generate superior operating cash flows while maintaining one of the industry's st
4 - NATIONAL BEVERAGE CORP (0000069891) (Issuer)
4 - NATIONAL BEVERAGE CORP (0000069891) (Issuer)
4 - NATIONAL BEVERAGE CORP (0000069891) (Issuer)
8-K - NATIONAL BEVERAGE CORP (0000069891) (Filer)
8-K - NATIONAL BEVERAGE CORP (0000069891) (Filer)
8-K - NATIONAL BEVERAGE CORP (0000069891) (Filer)
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UBS analyst Peter Grom maintains National Beverage (NASDAQ:FIZZ) with a Sell and raises the price target from $47 to $48.
SC 13G/A - NATIONAL BEVERAGE CORP (0000069891) (Subject)
SC 13G/A - NATIONAL BEVERAGE CORP (0000069891) (Subject)
SC 13G/A - NATIONAL BEVERAGE CORP (0000069891) (Subject)
National Beverage Corp. (NASDAQ:FIZZ) today announced results for its first quarter ended July 27, 2024. Compared to the prior year: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240905191200/en/LaCroix Strawberry Peach (Photo: Business Wire) Net sales increased to a record $329 million. Operating profit increased 10% to $70 million. Net income increased 14% to a record $57 million. After a $304 million dividend payment, cash exceeded $77 million; and Earnings per share increased from $.53 to $.61. "Some may call this summer of 2024 – the summer of gold, the summer of champions and maybe even the summer of chall
LaCroix Sparkling Water by National Beverage Corp. (NASDAQ:FIZZ) is proud to announce its new multi-year partnership with the Kansas City Current, a women's professional soccer team led by the ownership group of Angie Long, Chris Long, Brittany Mahomes and Patrick Mahomes. LaCroix will be the exclusive sparkling water partner of the KC Current to be sold at CPKC Stadium, the first stadium in the world purpose-built for a women's professional sports team. Additionally, LaCroix's logo will be featured above the nameplate on the KC Current's primary and secondary kits. LaCroix is the first upper-back kit sponsor in club history. LaCroix will also be involved in various community activations,
LaCroix Sparkling Water by National Beverage Corp. (NASDAQ:FIZZ) today introduced its newest flavor innovation . . . Strawberry Peach! This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808031824/en/LaCroix Strawberry Peach - Delightful Sips of Bliss! (Photo: Business Wire) LaCroix Strawberry Peach blends the sweet, vibrant taste of strawberries with the luscious, juicy flavor of peaches. Its delicious flavor captures pure freshness – Delightful Sips of Bliss! "Just imagine the joy of biting into both a juicy strawberry and a delectable peach – at the same time! This appetizing combination delivers a fresh, fragrant and sweet t
National Beverage Corp. (NASDAQ:FIZZ) today announced its LaCroix brand has been named the official sparkling water of Inter Miami CF, the top-ranked Major League Soccer (MLS) team. This collaboration is set to bring a refreshing wave of enthusiasm to the local community, as both organizations are proudly headquartered in South Florida. "As a brand beloved by moms and kids for its variety of delightful flavors and health-conscious hydration, LaCroix sparkling water is dedicated to promoting a healthy lifestyle and active living," commented a National Beverage spokesperson. "This new partnership underscores National Beverage's and LaCroix's commitment to wellness and community engagement.
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--National Beverage Corp. (NASDAQ: FIZZ) today announced the following: “It’s not common to have such loyal shareholders that have remained steadfast for the past 30 years,” stated a company spokesperson. National Beverage Corp. today announced that its Board of Directors has increased the Company’s special dividend previously announced on November 24, 2020. “With everything that this year 2020 served upon us, plus 30 years of public company listing, our Board, in addition to the entire management team, wanted to reward our special shareholders with an extra $3.00 per share for a total payout of $6.00 per share payable on or before February 2,