Every material Form 8-K National Beverage filed with the SEC in 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
National Beverage reported record second-quarter net sales of $300.1 million for the three months ended October 28, 2023, up from $299.6 million a year earlier. Quarterly net income rose to $43.8 million from $36.0 million, and earnings per share increased 21% to $0.47, showing profit growth on a flat sales base for shareholders.
Q2 net sales of $300.1 million versus $299.6 million in the prior-year quarter
Q2 net income of $43.8 million versus $36.0 million; EPS of $0.47 versus $0.39
Gross margin improved 250 basis points to 36% of net sales in the quarter
Six-month net income of $93.4 million, or $1.00 per share, versus $71.5 million and $0.76 diluted a year earlier
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.
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.
National Beverage reported results for the fourth quarter and fiscal year ended April 29, 2023. Fourth-quarter net sales rose to a record $287 million and net income increased 6% to $36 million, while fiscal-year net sales reached a record $1.2 billion with net income of $142 million. Both headline measures improved over the prior year, and the company said gross margin grew to 36% of sales.
Q4 net sales $286.7 million vs. $284.2 million a year earlier; net income $36.3 million vs. $34.3 million
Fiscal-year net sales increased $35 million to a record $1.2 billion; net income $142 million; diluted EPS $1.52
Fiscal-year net cash from operations was $162 million
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every National Beverage filing is on SEC EDGAR ↗. 8-K briefs of other companies →