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National Beverage Registers 5.8% Revenue Growth In Q2

Author: Shivani Kumaresan | December 09, 2022 12:51pm

National Beverage Corp (NASDAQ:FIZZ) reported second-quarter FY22 sales growth of 5.8% to $299.63 million.
Gross profit fell 1.5% to $99.99 million, while the margin contracted 240 basis points to 33.4%.
The operating margin was 15.7%, and operating income for the quarter was $46.9 million.
National Beverage held $92.6 million in cash and equivalents as of October 29, 2022.
EPS for the quarter was $0.39 versus $0.42 last year.
Price Action: FIZZ shares are trading higher by 5.86% at $51.72 on the last check Friday.

Posted In: FIZZ