NASDAQ$FIZZ
National Beverage Corp · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported strong Q4 and FY 2023 results with continued margin growth.
National Beverage Corp. reported a record $287 million in net sales for the fourth quarter, with gross margins growing 130 bps to 36% of sales. Net income increased by 6% to $36 million, and earnings per share increased to $0.39.
- Net sales increased to a record $287 million.
- Gross margins grew 130 bps to 36% of sales.
- Net income increased 6% to $36 million.
- Earnings per share increased to $0.39.
Headline financials
Revenue & EPS history
National Beverage · Revenue · Quarterly
$287M
Forward guidance
National Beverage is positioned to capitalize on the health-oriented market with its assets and innovation, focusing on healthy consumption and consumer anticipation for new products.
Tailwinds
- National Beverage is in the right place at the right time with the right assets to significantly apply energy to the progression toward a health-oriented correction mode.
- Innovation extends beyond flavors and packaging, exciting consumers with anticipation of 'what's next' from LaCroix.
- New packaging of LaCroix variety packs are designed for the club store market.
- Shasta launched three reformulated Zero Sugar flavors: Tiki Punch, California Dreamin’, and Mountain Rush.
- Special summer campaigns are in place to promote beverages, including social media, in-store merchandising, and podcast sponsorship.
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 Q4 2023
-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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro