Golf Clap for National Beverage

Seth Jayson, The Motley Fool
Updated

National Beverage (NAS: FIZZ) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 28 (Q3), National Beverage met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue increased, and GAAP earnings per share grew.

Gross margins dropped, operating margins were steady, and net margins expanded.

Revenue details
National Beverage logged revenue of $136.4 million. The one analyst polled by S&P Capital IQ looked for a top line of $136.1 million on the same basis. GAAP reported sales were 3.4% higher than the prior-year quarter's $131.9 million.

anImage
anImage

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.17. The one earnings estimate compiled by S&P Capital IQ averaged $0.17 per share. GAAP EPS of $0.17 for Q3 were 6.3% higher than the prior-year quarter's $0.16 per share.

anImage
anImage

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 33.2%, 430 basis points worse than the prior-year quarter. Operating margin was 8.7%, about the same as the prior-year quarter. Net margin was 5.8%, 20 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $158.1 million. On the bottom line, the average EPS estimate is $0.26.

Next year's average estimate for revenue is $621.2 million. The average EPS estimate is $0.97.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 96 members rating the stock outperform and 22 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give National Beverage a green thumbs-up, and eight give it a red thumbs-down.

Over the decades, small-cap stocks like National Beverage have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.

At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement