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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.
Fiscal 2022 brings unique opportunities for National Beverage as we continue our vow to create the best and healthiest beverages ever produced.
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