Joyous Shareholders Share in National Beverage's Strong Performance
"Wonderful, refreshing, great-tasting LaCroix, recognized as ‘INNOCENT', continues its growth momentum providing exceptional results. Our first two quarters ended
(in millions except EPS):
For the First and Second Quarters -
Sales | Net Income | EBITDA* | EPS | Cash | |||||||||||
1st Qtr. | |||||||||||||||
2nd Qtr. | 178.7 | 15.3 | 26.4 | .33 | 75.8 | ||||||||||
(in millions except EPS):
Totals Six Months -
Sales | Net Income | EBITDA* | EPS | ||||||||||
6 Mos. | |||||||||||||
"Responding to a recent inquiry relative to FIZZ activity, I was asked my thoughts about factors contributing to the increase in common stock volume and value.
My response: "Our recent Annual Report and Proxy fully explain the ‘transformation' process we have undertaken and our performance is a direct reflection of this. Further, our society, including the investment community, is presently a magnet for good news! Good press and positive outcomes are trumpets and angels for public companies. The investment community rewards positive performance that brightens the future's promise. Additionally, those rewards are heightened when precise fundamentals and reassuring probabilities are present."
"We wiggled and innovated through a long line to the front. Call it what you want - good fortune, hard work, time, smarts, whatever . . . we absolutely are at the right place at the right time and it is a Joyous experience!" I concluded my remarks.
"Fueling Momentum in every way possible; that's what we do! The launch of Shasta Sparkling Water, an authentic carbonated soft-drink alternative (SDA) is being presented before year end and a very successful new LaCroix theme is presently being launched as of this writing," stated Caporella.
"Energy, Capital and Innovation are dynamically aligned as health-conscious consumers hasten their choice to healthy. We have been in a constant expansion mode and the ultimate strategic plan for use of excess working capital is under consideration by our Board of Directors at this time."
"We are in happy mode and sincerely count our blessings relative to the positive reflection in shareholder value. Team National's pride is the beam that precisely targets our focus. We wish all humans could rejoice and experience the heartfelt goodness of joy this Holiday Season. Wishing all a very Merry Christmas and a LaLa LaCroix New Year!" concluded Caporella.
P.S. INNOCENT is Healthy . . . and Healthy is - SMART!
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
Consolidated Results for the Periods Ended | ||||||||||||||||||||||
(In thousands, except per share amounts) | ||||||||||||||||||||||
Six Months Ended | ||||||||||||||||||||||
As of |
||||||||||||||||||||||
Ratio of Market Cap |
||||||||||||||||||||||
Revenues | Net Sales | $ | 364,064 | $ | 338,212 | |||||||||||||||||
Weighted by Market Cap | ||||||||||||||||||||||
Net Income | $ | 32,425 | $ | 28,321 | ||||||||||||||||||
Earnings per | ||||||||||||||||||||||
High | 11.8x | Common Share | ||||||||||||||||||||
Low | 0.4x | Basic | $ | .70 | $ | .61 | ||||||||||||||||
Average | 4.0x | Diluted | $ | .69 | $ | .60 | ||||||||||||||||
FIZZ | 3.2x | Average Common | ||||||||||||||||||||
Shares Outstanding | ||||||||||||||||||||||
Basic | 46,407 | 46,339 | ||||||||||||||||||||
Diluted | 46,619 | 46,536 | ||||||||||||||||||||
|
||||||||||||||||||||||
|
||||||||||||||||||||||
|
(1) Ratios are as reported by Yahoo Finance. Beverage group consists of Coca Cola Company, PepsiCo, Dr. Pepper Snapple Group, Cott Corporation, Monster Beverage Corporation and Coca Cola Bottling Co. Consolidated.
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 are described in the Company's
*Although the Company reports its financial results in accordance with accounting principles generally accepted in
View source version on businesswire.com: http://www.businesswire.com/news/home/20151210006520/en/
Source:
News Provided by Acquire Media