National Beverage Q4 2022 Earnings Report
Key Takeaways
National Beverage Corp. reported a 6.1% increase in net sales, reaching $1.14 billion, alongside a gross profit of $417.8 million and operating income of $207.9 million. EPS was $1.70. The company emphasized its focus on brand development and consumer engagement, particularly with LaCroix, and highlighted the successful launch of new flavors.
Net sales increased by 6.1% to $1.14 billion, marking a historical high for the company.
Gross profit reached $417.8 million for the fiscal year.
Operating income amounted to $207.9 million.
Earnings per share was $1.70, the second highest ever reported.
National Beverage
National Beverage
Forward Guidance
National Beverage Corp. is focusing on balancing margin management with growth, leveraging its brand portfolio, and adapting to economic conditions while aiming for superior shareholder returns.