National Beverage Full Year 2024 Earnings: In Line With Expectations

National Beverage (NASDAQ:FIZZ) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.19b (up 1.6% from FY 2023).
• Net income: US$176.7m (up 24% from FY 2023).
• Profit margin: 15% (up from 12% in FY 2023). The increase in margin was primarily driven by higher revenue.
• EPS: US$1.89 (up from US$1.52 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

National Beverage Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

In the last 12 months, the only revenue segment was Non-Alcoholic Beverages contributing US$1.19b. Notably, cost of sales worth US$763.2m amounted to 64% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to US$127.8m (51% of total expenses). Explore how FIZZ's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Beverage industry in the US.

Performance of the American Beverage industry.

The company's shares are up 5.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for National Beverage you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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