National Beverage Corp. Reports Strong Results
FORT LAUDERDALE, Fla. -- July 11, 2013
National Beverage Corp. (NASDAQ:FIZZ) today reported results for Fiscal 2013.
For the year ended April 27, 2013 ‒
*Revenues increased to $662 million, up 5%
*Net income increased to $47 million, up 7%
*Earnings per share increased to $1.01, up 6%
“This was a year that witnessed consumer trends/mood severely change their
preferences. It is very tempting to write about all the challenges; from corn
costs to horrific explosions – to fear-induced bomb or tornado catastrophes,
but why do that? Instead, we count our blessings for results that are far
better than our industry peers anticipated,”stated Nick A. Caporella,
Chairman and Chief Executive Officer.
“One can read our regulatory filings to learn more of why and how this great
year came about. Instead, I would like to share some feelings,” continued
“Our most recent dividend; the appreciation of our common stock; the diligence
of our devoted team; the health and wellness of our brands and the good
blessings bestowed upon us . . . make us extremely grateful and humbly
appreciative! Thank you,” Caporella continued.
“This writing in July, significantly into our first quarter, finds our nation
and our world at the mercy of all the dilemma that has been present for so
long – and I sense a more weary, more anxious and more challenged consumer –
one that is harassed by nearly every issue and everyone . . . one that wants
normalcy to return and quickly."
“Last May and June, we had picnic weather and record revenues; this year
witnessed no picnics, sickening explosions and weeks of tornados. This fiscal
year 2014, our performance will demand a rare form of excellence. Our past
being the ultimate barometer, certainly we have what it takes to do – just
that!” 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 Fiscal Year Ended
April 27, 2013 and April 28, 2012
(in thousands, except per share amounts)
Fiscal Year Ended
April 27, April 28,
Net Sales $ 662,007 $ 628,886
Net Income $ 46,920 $ 43,993
Earnings Per Common Share
Basic $ 1.01 $ .95
Diluted $ 1.01 $ .95
Average Common Shares
Basic 46,310 46,267
Diluted 46,482 46,448
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.
National Beverage Corp.
Grace Keene, 877-NBC-FIZZ
Office of the Chairman
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