Press Releases


National Beverage Reports Quarter 1 . . . Won

September 10, 2015 at 12:28 PM EDT

 

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- National Beverage Corp. (NASDAQ:FIZZ) today reported the finest first quarter in the Company's history.

(in millions except EPS):

For the First Quarter Ended August 1, 2015 -
Sales  

Net

Income

   EBITDA*   EPS   Cash
$185.4   $17.1   $29.1   $.37   $66.3
                 

"There are many reasons that this first quarter dynamically performed as such! Should I be required to point out the main reason, I would single out the Multiple Generator chart on the inside back cover of the Company's 2015 Proxy Statement. If one picture could say it all, this chart does it! And that's a Yes," stated Nick A. Caporella, Chairman and Chief Executive Officer.

(in millions except EPS):
For the Trailing Twelve Months Ended August 1, 2015 -
Sales  

Net

Income

   EBITDA*   EPS
$656.6   $51.1   $89.3   $1.10
 

"As this earnings release is disclosed, our gallery-themed Annual Report is in distribution and, in conjunction with our current Proxy Statement, is giving our shareholders both a treat and more precise look into our future. The early response is - ‘Great Job Team National.'"

"Several recent articles also go into detail relative to our future performance and potential shareholder value. Additionally, a paradigm across the globe: the China meltdown; the shifting of commodities due to that meltdown; the evolution of the ‘sweetener' revolution; rising health costs and the super-informed consumer all translate into Goodness for National Beverage," continued Caporella.

"Finally, investment cash is seeking a fundamentally safe haven brought on by global uncertainties and volatile commodity values. This all translates into the ‘perfect time' with the most significant potential for our Break-Out Year. Certainly, one would agree - our first quarter sends a clear signal of what is ahead," smiled Caporella.

National Beverage's iconic brands are the genuine essence . . . of America.

"Patriotism" - If Only We Could Bottle It!

Fun, Flavor and Vitality . . . the National Beverage Way

National Beverage Corp.
Consolidated Results for the Periods Ended
August 1, 2015 and August 2, 2014
                   
                   
  Trailing 12 Months Ended           Three Months Ended
 

August 1, 2015 vs. August 2, 2014

        

August 1, 2015

  

August 2, 2014
              (in thousands, except per share amounts)
                   
FIZZ -                
  Up 35% to $23.77     Net Sales   $ 185,386   $ 174,637
                   
Cash -     Net Income   $ 17,113   $ 15,363
  Up 78% to $66.3 million                
        Earnings Per      
Operating Income -       Common Share      
  Up 15% to $77.9 million       Basic   $ .37   $ .33
          Diluted   $ .37   $ .33
Net Income -                
  Up 9% to $51.1 million     Average Common Shares    
          Outstanding      
EBITDA* -       Basic   46,397   46,336
  Up 11% to $89.3 million       Diluted   46,591   46,529
                   
                   
                   
                   
                   

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include fluctuations in costs, changes in consumer preferences and other items and risk factors described in the Company's Securities and Exchange Commission filings. The Company disclaims an obligation to update any such factors or to publicly announce the results of any revisions to any forward-looking statements contained herein to reflect future events or developments.
 

*Although the Company reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP"), management believes that the disclosure of EBITDA, a non-GAAP financial measure, may provide users of this financial information with additional insights into the operating performance of the business. EBITDA (in thousands) for the three month period ended August 1, 2015 and twelve month periods ended August 1, 2015 and August 2, 2014 of $29,069, $89,258 and $80,339, respectively, is calculated by adding the following expenses back to Net Income for each of the periods: Depreciation and Amortization of $3,020, $11,552 and $11,808; Net Interest Expense of $42, $263 and $572; and Provision for Income Taxes of $8,894, $26,382 and $21,031.

 

National Beverage Corp.
Grace Keene, 877-NBC-FIZZ
Office of the Chairman

Source: National Beverage Corp.

 

 

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