•
Oct 26, 2024

National Beverage Q2 2025 Earnings Report

Reported increased earnings and margin improvements despite challenges.

Key Takeaways

National Beverage Corp. reported increased earnings and margin improvements for the second quarter ended October 26, 2024, despite facing headwinds such as changes in consumer shopping habits and reduced purchasing power. Net sales declined 3% due to volume shortfalls in August and September, but the company is optimistic about future growth prospects due to increased volume for October and improved consumer confidence.

Net sales were $291 million.

Gross margin improved to 38% of net sales.

Operating income grew 7% to $58 million.

Earnings per share increased to $0.49 from $0.47.

Total Revenue
$291M
Previous year: $300M
-3.0%
EPS
$0.49
Previous year: $0.47
+4.3%
Gross Margin
38%
Previous year: 36%
+5.6%
Gross Profit
$110M
Previous year: $108M
+1.8%
Cash and Equivalents
$113M
Previous year: $248M
-54.5%
Free Cash Flow
$35.7M
Previous year: $24.9M
+43.2%
Total Assets
$557M
Previous year: $673M
-17.2%

National Beverage

National Beverage

Forward Guidance

National Beverage is well-positioned to manage near-term challenges and deliver long-term performance due to its strong balance sheet and entrepreneurial management focus.

Positive Outlook

  • Optimistic about future growth prospects due to increased volume for October.
  • Consumer confidence showing recent improvement.
  • Innovation continues to be the cornerstone of their strategy.
  • LaCroix's newest product, Strawberry Peach, has received an exceptionally positive consumer response.
  • Expanded in-store merchandising teams and increased staff of in-store sampling ambassadors.

Challenges Ahead

  • Changes in consumer shopping habits.
  • Reduced purchasing power affected many consumer products.
  • Second quarter net sales declined 3% due to volume shortfalls in August and September.
  • Record-setting storms caused supply-chain disruptions.
  • Numerous multi-day store closures by customers due to storms.