earnings
confidence high
sentiment positive
materiality 0.75
National Beverage reports record FY2021 net sales up 7.2% to $1.07B, EPS $1.87 up 34%
NATIONAL BEVERAGE CORP
- Net sales $1.07B, up 7.2% (52 vs 53 weeks); gross profit record $421.6M (+13.9%).
- Operating income $227.8M (21.2% of sales) vs $165.7M (16.6%); net income $174.1M vs $130.0M.
- EPS $1.87 basic, up 34% vs $1.39; diluted $1.86; share count ~93.3M basic.
- Cash $193.6M after $279.9M dividend paid Jan 29; working capital $219.8M; current ratio 2.5:1; debt-free.
- LaCroix launched Beach Plum, Black Razzberry, Guava São Paulo; shipments started late Q4 with record velocity.