NASDAQ$FIZZ

National Beverage Corp · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported best ever quarter with record sales and gross profit.

National Beverage Corp. reported impressive first-quarter results with record net sales of $293 million, a 11.3% increase from last year, and a record gross profit of $117 million, a 21.4% increase from the prior year. Net income increased to $51 million, and earnings per share increased to $1.10. Cash at quarter-end was $353 million.

  • Net sales reached $293 million, the highest quarterly sales in the company's history, up 11.3% year-over-year.
  • Gross profit was a record $117 million, a 21.4% increase from the prior year.
  • Net income increased $17 million to $51 million.
  • Earnings per share increased 49% to $1.10.

Headline financials

Total Revenue

$293M

Previous: $264M+11.3%
EPS (adj)

$0.55

Previous: $0.37+48.6%
Capital Expenditures

-$3.67M

Previous: -$4.16M+11.7%
Free Cash Flow

$47.5M

Previous: $30.4M+56.3%
Net Income

$51.2M

Previous: $34.5M+48.1%
Operating Income

$66.7M

Previous: $44.6M+49.4%
Gross Profit

$117M

Previous: $96.6M+21.4%
Cash & Equivalents

$353M

Previous: $203M+74.2%
Total Assets

$712M

Previous: $550M+29.3%
Stock-Based Comp

$41K

Previous: $62K-33.9%

Revenue & EPS history

National Beverage · Revenue · Quarterly

$293M

Q1 2021+11.3%vs Q1 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

National Beverage begins fiscal year 2021 with more purpose, passion, and determination, protecting its balance sheet, cash flow, and shareholder equity.

Tailwinds

  • Brands are positioned to challenge competitive pressures in today’s health-conscious environment.
  • Developing flavors new to the category that are far reaching in sensory, elegant in name, extraordinary in taste and capture the very soul of the consumer.
  • Innovative needle moving high on the scale.
  • Palate preference defines the ultimate choice.
  • LaCroix is and will remain the leader.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.4%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-1.0%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+18.6%

Q3 2017

Best reaction

-13.7%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026-0.2%-3.3%-3.1%
Q2 2026-2.9%-6.7%-5.3%
Q1 2026-2.9%-4.9%-8.0%
Q4 2025+0.7%-0.8%+6.0%
Q3 2025-1.7%-0.9%+6.8%
Q2 2025-6.9%-4.4%-13.5%
Q1 2025-2.3%-3.2%-1.7%
Q4 2024+13.1%+17.6%+11.3%
Q3 2024-2.5%-5.8%-3.0%
Q2 2024-4.6%+5.2%+5.3%
Q1 2024-1.4%+0.5%-3.1%
Q4 2023-1.2%+0.2%+7.4%
Q3 2023-0.4%+6.5%+8.5%
Q2 2023+1.7%+5.0%-8.4%
Q1 2023-7.5%-15.4%-23.1%
Q4 2022+1.7%+2.8%+12.5%
Q3 2022-9.2%-7.0%+5.4%
Q2 2022-8.1%-13.4%-14.7%
Q1 2022+13.9%+10.4%+19.0%
Q4 2021-4.1%-5.0%-5.1%
Q3 2021-8.7%-5.6%-13.8%
Q2 2021-4.1%-6.3%-6.1%
Q1 2021-4.8%-8.4%-2.7%
Q4 2020+4.8%+6.1%+5.1%
Q3 2020+4.5%+7.0%-2.1%
Q2 2020+9.1%+12.7%-2.7%
Q1 2020+0.2%+12.2%+20.3%
Q4 2019+2.1%+4.7%-1.3%
Q3 2019-13.7%-12.5%-14.3%
Q2 2019-1.0%-0.8%-14.0%
Q1 2019-2.6%+0.6%-10.9%
Q4 2018-3.8%-1.8%-5.2%
Q3 2018-8.4%-5.9%-10.0%
Q2 2018-7.5%-7.1%-10.6%
Q1 2018+1.9%+1.5%-9.2%
Q4 2017-4.1%-4.8%+2.9%
Q3 2017+18.6%+22.6%+41.3%
Q2 2017-5.1%+2.8%+1.3%
Q1 2017+6.0%+6.8%+6.4%
Q4 2016+2.1%+0.6%-7.1%
Q3 2016+8.5%
Q2 2016-0.2%
Q1 2016+2.6%
Q4 2015+1.9%
Q3 2015+6.8%
Q2 2015-3.8%
Q1 2015+6.5%
Q4 2014+2.7%
Q3 2014-1.5%
Q2 2014+4.9%
Q1 2014-3.7%
Q4 2013+0.8%
Q4 2010-3.9%
Q3 2013+3.5%
Q2 2013+0.5%
Q1 2013+4.0%
Q4 2012+1.9%
Q3 2011+0.6%
Q3 2012+0.6%
Q2 2012-1.5%
Q2 2011-1.5%
Q4 2011-4.7%
Q1 2011-4.7%
Q1 2012-4.7%
Q3 2010-1.4%

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