Press Releases

National Beverage Corp. Points with Growth + Pride

March 7, 2013 at 3:00 PM EST


FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- National Beverage Corp. (NASDAQ:FIZZ) today reported results:

For the nine months ended January 26, 2013

  • Revenues increased to $494.1 million, up 6.6%
  • Net income increased to $34.8 million, up 7.3%
  • Earnings per share increased to $.75, up 7.1%
For the Trailing Twelve Months —            
        P/E Ratio
Sales   EBITDA*   Ind. Avg.   19.6x
$ 659.6 million   $81.2 million   FIZZ   13.95x

"Consistent quarters of revenue and earnings growth — achieved in a volatile environment of political and economic chaos — are a feat Team National is proud to report. Our winter quarter is always challenging, yet we were able to outpace the industry with the growth of both our Power+ Brands and carbonated soft drinks. The continued double-digit volume gains of our LaCroix sparking water and Rip It energy drink attest to the success of Team National in repositioning our products and distribution to the higher-growth segments of the beverage industry," stated Nick A. Caporella, Chairman and Chief Executive Officer.

"Working proudly at all that we do is inherent in our culture: safeguarding the balance sheet; providing shareholder gratification; innovating profoundly; developing new techniques and All-Ways setting ourselves apart . . . that's our challenge at being the best provider of taste, quality and value! As most Americans ponder sequestering . . . we at National Beverage wish for America the wholesome spirit provided by — Refreshment," concluded Caporella.

National Beverage's iconic brands are the genuine essence . . . of America. Our company is highly innovative as a pace-setter in the changing soft-drink industry, featuring refreshment products that are geared toward the lifestyle/health-conscious consumer. Shasta® — Faygo® — Everfresh® and LaCroix® are aligned with Rip It® energy products to make National Beverage . . . America's Flavor•Favorite — soft-drink company.

"Patriotism" — If Only We Could Bottle It!

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


National Beverage Corp.

Consolidated Results for the Three and Nine Months Ended
January 26, 2013 and January 28, 2012
(in thousands, except per share amounts)
      Three Months Ended     Nine Months Ended
      January 26,   January 28,     January 26,   January 28,
      2013   2012     2013   2012
Net Sales   $ 144,723   $ 136,401     $ 494,140   $ 463,455
Net Income   $ 8,414   $ 7,904     $ 34,823   $ 32,462
Net Income Per Share                
  Basic   $ .18   $ .17     $ .75   $ .70
  Diluted   $ .18   $ .17     $ .75   $ .70
Average Common Shares              
  Basic     46,321     46,276       46,304     46,263
  Diluted     46,482     46,472       46,478     46,441

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.

Non-GAAP Financial Measures

The Company reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). Management believes, however, that certain non-GAAP financial measures may provide users of this financial information with additional insights into the operating performance of the business and to also serve as widely accepted measures for comparing operating performance with other companies.

*Reconciliation of Net Income (GAAP) to EBITDA (Non-GAAP)
      Trailing 12 Months Ended
      January 26, 2013
  Net Income (GAAP)   $ 46,354
  Depreciation and Amortization     11,123
  Interest (Income) Expense - Net     139
  Provision for Income Taxes     23,585
  EBITDA (Non-GAAP)   $ 81,201


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

Source: National Beverage Corp.



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