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Oct 31, 2020
National Beverage Q2 2021 Earnings Report
National Beverage reported an increase in net sales, gross margin, operating profit, and net income for Q2 2021.
Key Takeaways
National Beverage Corp. reported an 8% increase in net sales, a 16.4% increase in gross margin, and a 44% increase in net income for the quarter ended October 31, 2020.
Net sales increased by 8% to $272 million.
Gross margin increased by 16.4% to $108 million.
Operating profit increased from 16.6% to 22.7% of sales.
Net income increased by 44% to $47.2 million, or $1.01 per share.