NASDAQ$FIZZ

National Beverage Corp · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Reported robust earnings on record revenues.

National Beverage Corp. reported a strong first quarter with record net sales and increased operating profit and earnings per share. Net sales reached a record $324 million, operating profit increased by 36% to $63 million, and earnings per share rose by 39% to $0.53.

  • Net sales increased to a record $324 million.
  • Operating profit increased 36% to $63 million.
  • Earnings per share increased 39% to $0.53.
  • Cash generated by operations increased $30 million to $70 million.

Headline financials

Total Revenue

$324M

Previous: $318M+1.9%
EPS (adj)

$0.53

Previous: $0.38+39.5%
Capital Expenditures

-$5.47M

Previous: -$2.61M-109.8%
Free Cash Flow

$44.2M

Previous: $32.8M+34.4%
Net Income

$49.6M

Previous: $35.5M+40.0%
Operating Income

$63.1M

Previous: $46.5M+35.8%
Gross Profit

$114M

Previous: $99.4M+15.2%
Cash & Equivalents

$70M

Previous: $56.1M+24.9%
Total Assets

$640M

Previous: $456M+40.6%
Stock-Based Comp

$171K

Previous: $170K+0.6%

Revenue & EPS history

National Beverage · Revenue · Quarterly

$324M

Q1 2024+1.9%vs Q1 2023
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

National Beverage Corp. is optimistic that its entrepreneurial philosophy, brand equity, and proven innovation will continue to deliver superior returns.

Tailwinds

  • Company achieved ninth consecutive quarter of record sales.
  • Margins continued to improve as a result of price increases and easing of raw material price pressures.
  • Gross profit per case increased.
  • Company is focused on unique innovation and broader brand distribution.
  • Marketing and social media programs are designed to increase household consumption, velocity, brand awareness and market share.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.4%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-1.0%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+18.6%

Q3 2017

Best reaction

-13.7%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026-0.2%-3.3%-3.1%
Q2 2026-2.9%-6.7%-5.3%
Q1 2026-2.9%-4.9%-8.0%
Q4 2025+0.7%-0.8%+6.0%
Q3 2025-1.7%-0.9%+6.8%
Q2 2025-6.9%-4.4%-13.5%
Q1 2025-2.3%-3.2%-1.7%
Q4 2024+13.1%+17.6%+11.3%
Q3 2024-2.5%-5.8%-3.0%
Q2 2024-4.6%+5.2%+5.3%
Q1 2024-1.4%+0.5%-3.1%
Q4 2023-1.2%+0.2%+7.4%
Q3 2023-0.4%+6.5%+8.5%
Q2 2023+1.7%+5.0%-8.4%
Q1 2023-7.5%-15.4%-23.1%
Q4 2022+1.7%+2.8%+12.5%
Q3 2022-9.2%-7.0%+5.4%
Q2 2022-8.1%-13.4%-14.7%
Q1 2022+13.9%+10.4%+19.0%
Q4 2021-4.1%-5.0%-5.1%
Q3 2021-8.7%-5.6%-13.8%
Q2 2021-4.1%-6.3%-6.1%
Q1 2021-4.8%-8.4%-2.7%
Q4 2020+4.8%+6.1%+5.1%
Q3 2020+4.5%+7.0%-2.1%
Q2 2020+9.1%+12.7%-2.7%
Q1 2020+0.2%+12.2%+20.3%
Q4 2019+2.1%+4.7%-1.3%
Q3 2019-13.7%-12.5%-14.3%
Q2 2019-1.0%-0.8%-14.0%
Q1 2019-2.6%+0.6%-10.9%
Q4 2018-3.8%-1.8%-5.2%
Q3 2018-8.4%-5.9%-10.0%
Q2 2018-7.5%-7.1%-10.6%
Q1 2018+1.9%+1.5%-9.2%
Q4 2017-4.1%-4.8%+2.9%
Q3 2017+18.6%+22.6%+41.3%
Q2 2017-5.1%+2.8%+1.3%
Q1 2017+6.0%+6.8%+6.4%
Q4 2016+2.1%+0.6%-7.1%
Q3 2016+8.5%
Q2 2016-0.2%
Q1 2016+2.6%
Q4 2015+1.9%
Q3 2015+6.8%
Q2 2015-3.8%
Q1 2015+6.5%
Q4 2014+2.7%
Q3 2014-1.5%
Q2 2014+4.9%
Q1 2014-3.7%
Q4 2013+0.8%
Q4 2010-3.9%
Q3 2013+3.5%
Q2 2013+0.5%
Q1 2013+4.0%
Q4 2012+1.9%
Q3 2011+0.6%
Q3 2012+0.6%
Q2 2012-1.5%
Q2 2011-1.5%
Q4 2011-4.7%
Q1 2011-4.7%
Q1 2012-4.7%
Q3 2010-1.4%

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