National Beverage

Q1 FY2027 EarningsFY27 Q1 results significantly missed consensus expectations across all major financial metrics. Revenue of $330.7M was 3.3% below the $342.1M expected, as a 6.4% decline in case volume offset a 7.1% increase in average selling price. Gross margin contracted to 35.0% (vs. 36.4% expected), severely impacted by aluminum price volatility which management noted as a 600bp headwind. Consequently, diluted EPS of $0.50 missed the $0.59 consensus by 15.3%, while operating cash flow of $64.9M fell roughly 30% short of expectations.