National Beverage earnings missed by $0.05, revenue fell short of estimates
National Beverage (FIZZ) missed EPS by $0.05 and came in below revenue estimates, with FY revenue declining 1.7% YoY to $1.2B. The double miss on a business already in revenue decline sharpens the bear case, though gross margins remain healthy at 37%, leaving the key question whether this is a one-quarter stumble or a deteriorating volume story.


