National beverage corp. reports strong fourth quarter and fy 2023 results – continues margin growth

Fort lauderdale, fla.--(business wire)--national beverage corp. (nasdaq: fizz) today announced results for its fourth quarter and fiscal year ended april 29, 2023. fourth quarter: net sales increased to a record $287 million; gross margins grew 130 bps to 36% of sales; net income increased 6% to $36 million; and earnings per share increased to $.39. fiscal year: net sales increased $35 million to a record $1.2 billion; net income was $142 million; earnings per share was $1.52; and net cash gene.
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