AI brief of an SEC Form 8-K · National Beverage (FIZZ)

National Beverage Q1 net sales hit record $324 million; EPS up 39% to $0.53

Positive Impact 3 of 5 earnings Written later

National Beverage reported fiscal first-quarter results for the period ended July 29, 2023, with net sales rising to a record $324 million and net income reaching $49.6 million, up from $35.5 million a year earlier. Management said margins improved on price increases and easing raw material costs, despite a slight volume decrease, and that the quarter has historically been a preview of the full fiscal year.

Key points

  • Net sales increased to $324 million, a record, from $318 million in the prior-year quarter.
  • Operating profit rose 36% to $63 million; diluted EPS rose 39% to $0.53 from $0.38.
  • Cash generated by operations increased $30 million to $70 million.
  • Management cited a slight volume decrease and a seventh consecutive quarterly increase in gross profit per case.

The filing

CompanyNational Beverage (FIZZ)
Form8-K, current report
Filed with the SECSep 8, 2023, 4:30 PM ET
Accession number0001437749-23-025501

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 7:03 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 08, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.