Company Overview of National Beverage Corp.
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of flavored beverage products primarily in North America. The company offers beverages geared to the active and health-conscious consumers, including sparkling waters under the LaCroix, LaCroix Cúrate, LaCroix NiCola, and Shasta brand names; energy drinks and shots under the Rip It brand name; juice and juice-based products under the Everfresh, Everfresh Premier Varietals, and Mr. Pure brand names; and carbonated soft drinks in various flavors comprising regular, sugar-free, and reduced-calorie options under the Shasta and Faygo brands. It serves retailers, as well as various up-and-down-the...
8100 SW Tenth Street
Fort Lauderdale, FL 33324
Founded in 1985
Key Executives for National Beverage Corp.
Chairman of the Board, Chief Executive Officer, Chairman of Nominating Committee and Chairman of Strategic Planning Committee
President and Director
Total Annual Compensation: $1.2M
Executive Vice President of Finance
Chief Accounting Officer, Vice President and Controller
Total Annual Compensation: $220.0K
Executive Vice President of Shasta Beverages, Inc
Total Annual Compensation: $280.4K
Compensation as of Fiscal Year 2016.
National Beverage Corp. Key Developments
The Law Offices of Vincent Wong Files Class Action Lawsuit on National Beverage Corp
Nov 21 16
The Law Offices of Vincent Wong announced that a class action lawsuit has been commenced in the USDC for the Central District of California on behalf of investors who purchased National Beverage Corp. securities between July 16, 2015 and September 28, 2016. According to the complaint, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that it lacked effective internal controls over financial reporting. On September 27, 2016, a report from Glaucus Research was issued alleging, among other allegations, that: the company's former CEO and Chairman admitted to manipulating FIZZ's earning and directing his son to create fake invoices, the Company refused to allow a potential acquirer to perform adequate due diligence on the company, thus leading to the failure of the transaction; and that the company's officers are compensated by a privately held company" that disallows shareholder visibility. Following this report, shares fell more than 8% to close at $42.67 per share on September 28, 2016.
National Beverage Corp. Announces Special Dividend, Payable on or before January 27, 2017
Nov 18 16
National Beverage Corp. announced that with revenues and cash flow growing exponentially, its board of directors has considered a range of options to maximize shareholder returns. As a first step in this program, the company has declared a cash dividend of $1.50 per share to shareholders of record on November 28, 2016. Payment date for this distribution shall be on or before January 27, 2017. Further, the board has approved in concept an additional cash dividend, in an amount to be determined, to holders of record prior to the end of the current fiscal year.
National Beverage Corp. Declares Cash Dividend, Payable on or Before January 27, 2017
Nov 18 16
National Beverage Corp. declared a cash dividend of $1.50 per share to shareholders of record on November 28, 2016. Payment date for this distribution shall be on or before January 27, 2017.
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