National Beverage Corp. Reports Excellent Second Quarter
For the Three Months ended
- Revenues were
$261 million− the 16th consecutive quarter of increased growth;
- Gross Profit increased 30 basis points to
- Operating Profit grew to
$52 million; and
- Net Income of
$41 millionand EPS of $.88increased 21%.
“The strength of our brand and the support of our consumers allowed LaCroix to successfully weather storms directed against it and the industry in general. The outrageous and unfounded lawsuit filed
“In summary, highly-respected experts have refuted the false and ludicrous claims that have been made, and we continue to contest the meritless complaint that has diminished shareholder value. Our marketing team is coordinating exciting new campaigns with experts in the health and wellness field, and our BrandEd team is expanding its acclaimed protocols to support new themes in additional cities. Lastly, we genuinely appreciate the mighty spirit of the LaCroix consumer that ‘doubled up’ to unite behind their brand! Innovation, passion and tenacity drive Team National to lead America in Embracing Innocence!”Caporella concluded.
Our Way is Tastefully . . .
Innovation should be new – but ours has the ‘essence’ to refresh and captivate with FIZZ + Fun
“Patriotism” – If Only We Could Bottle It!
National Beverage Corp.
|Consolidated Results for the Periods Ended|
|October 27, 2018 and October 28, 2017|
|(in thousands, except per share amounts)|
|Six Months Ended||Twelve Months Ended|
|Oct. 27, 2018||Oct. 28, 2017||Oct. 27, 2018||Oct. 28, 2017|
|Earnings Per Common Share|
|Avg. Common Shares Outstanding|
|This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks, uncertainties and other factors described in the Company's Securities and Exchange Commission filings which may cause actual results or achievements to differ from the results or achievements expressed or implied by such statements. The Company disclaims an obligation to update or announce revisions to any forward-looking statements.|
Office of the Chairman, Grace Keene, 877-NBC-FIZZ