National Beverage: Hard To Downgrade When Revenues Could Show Growth Again
National Beverage Corp. reported Q1 2027 revenue of $330.7M, its first year-on-year growth since Q1 2026. However, gross margin fell to 35%, EPS declined from $0.60 to $0.50, and a $3.25/share special dividend sharply reduced shareholder equity.
Why it matters — FIZZ watchers would note the return of revenue growth but must weigh deteriorating margins, lower EPS, and the equity impact of the special dividend.