National Beverage Corp. (FIZZ): history, ownership, mission, how it works & makes money

A Brief History of National Beverage Corp. (FIZZ)

Company Overview

National Beverage Corp. (FIZZ) is a prominent player in the beverage industry, known primarily for its flavored soft drinks, sparkling water, and energy drinks. Founded in 1985 by Nevin A. D. J. E. H. D. C. R. S., the company has positioned itself as a significant alternative to traditional soft drink brands.

Financial Performance

For the fiscal year 2022, National Beverage Corp. reported the following key financial metrics:

Product Lines

National Beverage Corp. offers several key product lines, including:

• Shasta
• LaCroix
• Big Shot
• Vintage
• Rip It Energy Fuels

Market Position

As of 2023, National Beverage Corp. has been reported to hold approximately 7.1% market share in the flavored sparkling water segment in the United States. LaCroix, one of its flagship brands, has become synonymous with the sparkling water trend, with a significant presence among health-conscious consumers.

Recent Developments

In 2023, the company launched a new line of organic beverages, contributing to a growth of 11% in market penetration. The expansion strategy also included partnerships with major retail chains, leading to a 15% increase in distribution points nationwide.

Stock Performance

As of October 2023, National Beverage Corp. stock (FIZZ) has experienced fluctuations, with a current trading price of approximately $43.25. The market capitalization stands at around $1.36 billion.

Industry Challenges

The beverage industry has faced various challenges, including:

• Rising raw material costs
• Increased competition from new entrants in the health beverage category
• Changing consumer preferences towards healthier options

Corporate Responsibility

National Beverage Corp. has committed to sustainability initiatives, aiming to reduce its carbon footprint by 25% by 2025. The company has implemented eco-friendly packaging solutions across several product lines.

A Who Owns National Beverage Corp. (FIZZ)

Shareholder Composition

As of the latest filings, National Beverage Corp. (FIZZ) has a diverse shareholder base. The primary institutional and individual shareholders include:

Executive Team and Board Ownership

Key executives and board members also hold significant stakes in the company, contributing to insider ownership.

Insider Transactions

Recent insider transactions reveal active management engagement in trading shares.

Market Capitalization and Financial Performance

National Beverage Corp.'s financial performance can be quantified through its market capitalization and revenue figures.

Recent Stock Performance

The stock performance of National Beverage Corp. has shown fluctuations in its trading history.

Institutional Ownership Trends

Changes in institutional ownership percentages over the past years indicate shifting confidence levels among large investors.

National Beverage Corp. (FIZZ) Mission Statement

Company Overview

National Beverage Corp. (FIZZ) is a leading beverage company that specializes in the production and distribution of a wide range of carbonated and non-carbonated drinks. The company is recognized for its commitment to quality, innovation, and sustainability.

Mission Statement

The mission of National Beverage Corp. is to provide consumers with high-quality beverages while embracing innovation, quality, and sustainability in all aspects of its business operations. The company aims to lead the industry by producing beverages that are not only refreshing but also contribute to a healthier lifestyle.

Core Values

• Quality: Commitment to using the finest ingredients and maintaining high standards in production.
• Innovation: Continuous improvement and introduction of new beverage options.
• Sustainability: Focus on environmentally friendly practices in sourcing and production.
• Customer Satisfaction: Understanding and meeting consumer preferences and needs.

Financial Overview

As of the fiscal year ending 2023, National Beverage Corp. reported the following key financial metrics:

Strategic Goals

• Expand Product Line: Launch new flavors and healthier options targeting diverse consumer preferences.
• Increase Market Share: Focus on growing presence in both domestic and international markets.
• Enhance Sustainability: Implement more eco-friendly practices in production and packaging.
• Boost Customer Engagement: Leverage digital marketing to enhance consumer interaction.

Recent Achievements

In 2023, National Beverage Corp. achieved significant milestones:

• Launched two new product lines focused on health-conscious consumers.
• Increased production efficiency by 20% through advanced technologies.
• Reduced carbon footprint by 15% through sustainable sourcing practices.

Community Engagement

National Beverage Corp. is dedicated to giving back to the community by:

• Supporting local health initiatives with a focus on wellness.
• Partnering with educational programs to promote nutrition.
• Involvement in various charitable causes to enhance community well-being.

How National Beverage Corp. (FIZZ) Works

Overview of National Beverage Corp.

National Beverage Corp. (FIZZ) is a leading manufacturer and distributor of flavored soft drinks, primarily non-alcoholic beverages. The company operates through several brands, including LaCroix, Shasta, and Faygo. In 2022, the company's total revenue was approximately $432.5 million, showing an increase from $367 million in 2021.

Business Model

The business model of National Beverage Corp. focuses on innovation in flavor and packaging, targeting health-conscious consumers. The company's portfolio is diverse, offering sparkling waters, energy drinks, and sodas, with an increasing emphasis on zero-calorie and naturally flavored options.

Financial Performance

In its fiscal year 2022, National Beverage Corp. reported the following financial metrics:

Market Presence

National Beverage Corp. has a significant market presence in the United States, where it competes with major beverage companies. The following data illustrates key market share metrics:

Product Innovations

Recognizing trends in consumer preferences, National Beverage Corp. continuously innovates its product lines. Recent product launches include:

• New flavors of LaCroix sparkling water such as Pineapple Passionfruit and Coconut.
• Expanded the Faygo brand into zero-calorie options.
• Introduced plant-based packaging for select products.

Distribution Channels

The distribution strategy of National Beverage Corp. is multifaceted, utilizing both direct and indirect channels:

• Direct sales to retailers such as Walmart and Target.
• Partnerships with distributorship networks across the United States.
• Online sales through various e-commerce platforms.

Recent Developments

As of October 2023, National Beverage Corp. has announced plans to expand its distribution footprint into international markets, particularly focusing on Canada and Mexico. Recent strategic priorities include:

• Increasing production capacity by 15% over the next two years.
• Investing $20 million in sustainable sourcing initiatives.
• Launching additional health-conscious beverages targeting Gen Z consumers.

How National Beverage Corp. (FIZZ) Makes Money

Revenue Streams

National Beverage Corp. primarily generates revenue through the sale of a variety of soft drink products, including sparkling waters, energy drinks, and flavored beverages. In the fiscal year 2023, National Beverage Corp. reported total revenues of $1.2 billion.

Product Categories

• Soft Drinks
• Sparkling Waters
• Energy Drinks
• Flavored Beverages

Market Segments

The company focuses on several market segments, with a notable emphasis on health-conscious consumers. In 2023, approximately 60% of its revenue came from sparkling water and flavored beverages targeting this demographic.

Sales Distribution

National Beverage Corp. utilizes various sales channels, including supermarkets, convenience stores, and online platforms. In 2023, the distribution breakdown was as follows:

Cost Structure

The cost structure of National Beverage Corp. is primarily defined by production, distribution, and marketing expenses. In 2023, the breakdown of costs was as follows:

Profit Margins

In 2023, National Beverage Corp. reported a gross profit margin of 38% and a net profit margin of 12%. The increase in profit margins can be attributed to efficiency improvements and reduced operational costs.

Market Position and Competition

National Beverage Corp. competes with large beverage companies like Coca-Cola and PepsiCo. As of 2023, the company's market share in the carbonated soft drinks segment is approximately 3%, but it has captured a larger share in the sparkling water market, boasting around 10% market share.

Future Growth Strategies

The company aims to expand its product lines and increase its presence in the online market. Plans for the next few years include:

• Introducing new health-focused beverage options.
• Enhancing online marketing and e-commerce sales capabilities.
• Expanding into international markets.

Financial Performance

As of the end of fiscal year 2023, National Beverage Corp. had total assets of $500 million and total liabilities of $200 million, leading to a shareholder equity of $300 million.