Investing.com - National Beverage reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
National Beverage announced earnings per share of $0.38 on revenue of $318.12M. Analysts polled by Investing.com anticipated EPS of $0.5218 on revenue of $331.97M.
National Beverage shares are up 11% from the beginning of the year and are trading at $50.66 , down-from-52-week-high.They are outperforming the Nasdaq which is down 24.18% from the start of the year.
National Beverage follows other major Consumer Staples sector earnings this month
National Beverage's report follows an earnings beat by Walmart on August 16, who reported EPS of $1.77 on revenue of $152.86B, compared to forecasts EPS of $1.62 on revenue of $150.99B.
Estee Lauder had beat expectations on August 18 with fourth quarter EPS of $0.42 on revenue of $3.56B, compared to forecast for EPS of $0.3219 on revenue of $3.42B.
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