National Beverage's gross profit for the
three
months ended in Jan. 2024 was $97 Mil. National Beverage's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $422 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. National Beverage's gross profit for the
three
months ended in Jan. 2024 was $97 Mil. National Beverage's Revenue for the
three
months ended in Jan. 2024 was $270 Mil. Therefore, National Beverage's Gross Margin % for the quarter that ended in Jan. 2024 was 35.93%.
National Beverage had a gross margin of 35.93% for the quarter that ended in Jan. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of National Beverage was 40.09%. The lowest was 33.83%. And the median was 36.86%.
Warning Sign:
National Beverage Corp gross margin has been in long-term decline. The average rate of decline per year is -2.5%.
National Beverage Gross Profit Historical Data
The historical data trend for National Beverage's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of National Beverage's Gross Profit
For the Beverages - Non-Alcoholic subindustry, National Beverage's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Beverage's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Gross Profit distribution charts can be found below:
* The bar in red indicates where National Beverage's Gross Profit falls into.
National Beverage Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
National Beverage's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $422 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
National Beverage's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
National Beverage (NAS:FIZZ) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
National Beverage had a gross margin of 35.93% for the quarter that ended in Jan. 2024 => Competition eroding margins
National Beverage Gross Profit Related Terms
Thank you for viewing the detailed overview of National Beverage's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
National Beverage (National Beverage) Business Description
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for big-box retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants). It is controlled by chairman and CEO Nick Caporella, who owns over 73% of the common stock.
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