Performance Metrics:
- Revenue: $291.20 million (YoY: -2.96%, QoQ: -11.62%)
- Gross Profit: $109.35 million (YoY: +1.38%, QoQ: -10.68%)
- Operating Income: $57.87 million (YoY: +6.57%, QoQ: -16.76%)
- Net Income: $45.64 million (YoY: +4.22%, QoQ: -19.62%)
- EPS: $0.49 (YoY: +4.26%, QoQ: -19.67%)
National Beverage's slight revenue decrease can be attributed to shifting consumer behaviors and market pressures. Despite the top-line dips, the improvement in operating and net income points to effective cost management and a focus on high-margin products, particularly in their sparkling water offerings.