earnings
confidence high
sentiment negative
materiality 0.60
National Beverage Q2 revenue record $283.2M but net income falls 17% to $39.3M YoY
NATIONAL BEVERAGE CORP
2022-Q2 EPS reported
$99.00
revenue$594,870,000
- Net sales of $283.2M, up 4% YoY from $271.8M; EPS $0.42 diluted vs $0.50 last year.
- Net income dropped to $39.3M from $47.2M; cash balance $273M, up 41%.
- Company cites supply-chain constraints creating record order backlogs and reducing gross profit as a key metric.
- Reiterated prior announcement of $3.00 per share cash dividend, highlighting $1.2B returned in dividends over 17 years.