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Jul 31, 2021
National Beverage Q1 2022 Earnings Report
Reported continuing momentum with an exceptional first quarter, despite facing headwinds.
Key Takeaways
National Beverage Corp. reported a strong first quarter with increased net sales and earnings per share, despite challenges related to labor, raw material, and transportation availability.
Net sales increased to $311.7 million.
Gross profit reached $124.8 million with a gross margin of 40%.
Operating income was $70.3 million, representing 22.6% of sales.
Earnings per share increased to $0.58, up from $0.55 in the prior year.
National Beverage
National Beverage
Forward Guidance
Fiscal 2022 brings unique opportunities for National Beverage as we continue our vow to create the best and healthiest beverages ever produced.