earnings
confidence high
sentiment neutral
materiality 0.50
National Beverage reports Q2 net sales of $300M, highest ever; EPS $0.39 vs $0.42
NATIONAL BEVERAGE CORP
2023-Q2 EPS reported
$76.00
revenue$617,750,000
- Net sales $299.6M vs $283.2M, up ~5.8%; highest second quarter in history.
- Net income $36.0M down from $39.3M; EPS $0.39 basic vs $0.42 last year.
- Cash increased to $93M from prior period.
- LaCroix top ten flavors grew faster than category; new Rip It flavors launched.
- International expansion opportunities in Canada, Mexico, and Europe cited.