National Beverage (FIZZ) reported fiscal Q1 earnings late Thursday of $0.50 per diluted share, down from $0.60 a year earlier.
One analyst polled by FactSet expected $0.59.
Revenue in the three months ended Aug. 1 rose to $330.7 million from $330.5 million a year earlier.
One analyst projected $342.1 million.
National Beverage shares fell 3% in after-hours trading.