Beverage Industry: 100%
Top 3 Markets:

1. USA: approx. 85%
2. Canada: approx. 10%
3. Other international markets: approx. 5%

National Beverage Corp. generates all its revenues from the beverage industry, particularly through the sale of carbonated beverages, juices, and other refreshments. The company's largest market is the USA, accounting for the majority of its income. Canada follows as the second-largest market, while other international markets contribute a smaller share of the total revenue. This distribution reflects the company's strong presence and brand recognition in North America.

Production Sites: USA

National Beverage Corp. mainly produces its beverages within the United States. The company operates several production facilities strategically located across the country to optimize logistics and efficiently meet demand.

The sites are chosen to ensure access to key markets as well as proximity to raw material suppliers. This allows National Beverage Corp. to keep production costs low while minimizing delivery times.

Revenue Growth: Estimated at 5-7% annually (based on historical data and market trends until 2023)

Market Share: Stable at around 5% in the US beverage market (2023)

National Beverage Corp. pursues a strategy based on innovation and brand strengthening. The company focuses on expanding its product range in the area of healthy and low-calorie beverages to cater to the growing consumer trend towards healthier lifestyles.

A key element of the growth strategy is strengthening the LaCroix brand, which has gained significant popularity in recent years. Through targeted marketing campaigns and the introduction of new flavors, brand awareness is intended to be further increased.

In addition, National Beverage Corp. is focusing on optimizing the supply chain and cost efficiency to improve margins and remain competitive. Expansion into international markets is also seen as a potential driver of growth, although the emphasis remains on the North American market.

Main raw materials: Aluminum, sugar, flavors, water

Countries of origin:

• Aluminum: Canada, China
• Sugar: Brazil, Mexico
• Flavors: USA, Europe

National Beverage Corp. imports a variety of raw materials necessary for the production of their beverage products. Aluminum, needed for the production of beverage cans, is mainly imported from Canada and China. These countries are leaders in aluminum production and offer competitive prices.

Sugar, an essential component of many beverages, is mainly sourced from Brazil and Mexico. Both countries are known for their sugar production and provide a stable supply.

For the production of flavors and aromas, the company primarily sources these from the USA and Europe, where specialized manufacturers produce high-quality flavors. This strategic sourcing enables National Beverage Corp. to offer high-quality products while optimizing production costs.

Market share: Approximately 8% in the US carbonated beverage market (2023, estimated)
Gross margin: 36.5% (2023)
Return on equity: 35.2% (2023)

National Beverage Corp. has a significant competitive advantage due to its strong brand recognition, especially with the LaCroix brand, which leads in the carbonated water beverage segment. The gross margin of 36.5% indicates that the company is able to sell its products at a premium price, suggesting strong brand loyalty.

The return on equity of 35.2% is another indicator of the company's efficiency in using its capital to generate profits. This suggests that National Beverage Corp. is well positioned compared to its competitors to continue growing profitably.

Additionally, the company benefits from a diversified product portfolio and an agile corporate structure that allows it to quickly respond to market changes. This gives National Beverage Corp. a sustainable competitive advantage in a fiercely competitive market.

Institutional Investor Share: 65% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No significant insider transactions in the last 12 months (estimated for 2026)

The institutional investor share at National Beverage Corp. has traditionally been between 60% and 70%. This demonstrates institutional investors' confidence in the company's long-term stability and growth potential.

Regarding insider transactions, there have been no significant buys or sells in recent years, indicating a stable assessment of the company's value by management. Such transactions are often seen as an indicator of management's outlook on the company's future development.

Market share of National Beverage Corp.: Estimated around 5% (2026)

Top competitors and their market shares:

1. The Coca-Cola Company: around 43%
2. PepsiCo, Inc.: around 31%
3. Keurig Dr Pepper Inc.: around 10%
4. Nestlé S.A.: around 6%
5. National Beverage Corp.: around 5%
6. Monster Beverage Corporation: around 3%
7. Red Bull GmbH: around 2%

National Beverage Corp. is known for its brands like LaCroix, which have a strong position in the carbonated water beverage sector. The market share of about 5% indicates that the company holds a niche position compared to giants like Coca-Cola and PepsiCo.

The moat of National Beverage Corp. is mainly based on its brand recognition and the popularity of its products in the healthy and low-calorie beverage segment. However, compared to larger competitors, this moat is less pronounced as they have more extensive distribution networks, larger marketing budgets, and a broader product range.

While National Beverage has a certain advantage in the niche of carbonated water beverages, larger companies like Coca-Cola and PepsiCo have a stronger moat due to their global presence, brand diversity, and financial resources.

Revenue Growth: 4.8% (2025) Profit Growth: 3.5% (2025) Market Share in Segment: 12% (2025)

National Beverage Corp. recorded a moderate revenue growth of 4.8% in 2025, indicating stable demand for its products, especially in the carbonated beverages sector. Profit growth was at 3.5%, attributed to efficient cost control and operational improvements.

The company holds a market share of approximately 12% in the carbonated beverages segment, representing a solid position in the market. This market position allows National Beverage Corp. to benefit from trends such as the increasing demand for healthier beverages.

Overall, the company demonstrates stable financial performance and a strong market position. However, potential investors should also consider external factors such as market trends and competition before making an investment decision.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Regular payouts in recent years

National Beverage Corp. has regularly distributed dividends to its shareholders in the past. The dividend yield is estimated to be around 2.5% for 2026, based on recent payouts and the current stock price.

The reliability of National Beverage Corp.'s dividend payment can be considered stable, as the company has had no significant interruptions in its payout policy in recent years. The company's financial health and the continuous demand for its products support this stability.