National Beverage Corp. Reports Strong Q3 Performance with Net Income of $49.6 Million
Quarterly Revenue Tops $324.2 Million, Demonstrating Resilience in Challenging Times
By USInMinutes
Published - Sep 11, 2023, 09:45 AM ET
Last Updated - Sep 11, 2023, 09:45 AM EDT
National Beverage Corp.(FIZZ), the renowned beverage company , has announced its financial results for the third quarter ending July 29, 2023. The company's robust performance is highlighted by a net income of $49.6 million and impressive revenue of $324.2 million during the quarter.
Financial Statements Showcase Strong Performance
Assets Surge
National Beverage Corp. reported total assets of $640.4 million as of July 29, 2023, demonstrating substantial growth from $574.3 million on April 29, 2023. The increase in assets reflects the company's ongoing commitment to expanding its operations and market presence.