National Beverage Corp. Announces Special Dividend for FIZZ Shareholders
As a first step in this program, the Company has declared a cash dividend of
"An optimistic feeling embraces the payment of this cash dividend," stated
"Our Company has experienced excellent operating results and cash flow. Its expanding distribution and per capita consumption growth are profoundly outperforming previously established industry standards. Health-conscious consumers are speaking out evermore boldly and retailers are listening evermore intently . . . as consumers enthusiastically demand LaCroix and our newly-introduced Shasta SDA (soft drink alternative) sparkling water," continued Caporella.
"The Company's excellent performance, its strong balance sheet and innocent, healthy brands will allow the Board future dividend options. Certainly, the loyalty program previously mentioned should set a strong precedent for all public companies in the future. We dramatically contrast our long-term, loyal shareholders and their devoted commitment with the short-term traders and short sellers who we believe seek to reduce the long-term shareholders' value we have created and continue to create," concluded 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
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
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