National Beverage reports record Q4: EPS $0.47, revenue $297M, net income up 20% YoY

NATIONAL BEVERAGE CORP

Q4 net sales rose $11M to $297M; gross margin expanded 100 bps to 36.7%.
Net income increased 20% to $44M ($0.47 diluted EPS) vs $36M ($0.39) a year ago.
Fiscal year net sales $1.19B (+$19M); net income $177M ($1.89 per share), up 24%.
Operating profit grew 240 bps to $218M; cash balance increased $169M to $327M.
LaCroix and Rip It drove 5% case volume growth; new flavors Mojito and Rip It varieties highlighted.

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