National Beverage Corp. said its normalized net income for the fiscal first quarter ended Aug. 2 amounted to 30 cents per share, compared with the S&P Capital IQ consensus estimate of 31 cents per share.
EPS rose 19.4% year over year from 25 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $13.8 million, a gain of 19.4% from $11.5 million in the first quarter ended July 27, 2013.
The normalized profit margin rose to 7.9% from 6.7% in the year-earlier period.
Total revenue climbed year over year to $174.6 million from $172.4 million, and total operating expenses came to $152.4 million, compared with $153.7 million in the year-earlier period.
Reported net income increased 27.0% from the prior-year period to $15.4 million, or 33 cents per share, from $12.1 million, or 26 cents per share.
