FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–National Beverage Corp. (NASDAQ: FIZZ) today reported six-month results:
|(In thousands, except EPS)|
|Six Months Ended|
Nov. 1, 2014
Oct. 26, 2013
|— Net Income||$28,321||$24,567|
|— Earnings per Share||$.61||$.52|
|For the Trailing Twelve Months ended November 1, 2014 –|
|(In millions, except EPS)|
“Reporting ‘best-ever’ first-half earnings creates much excitement,” stated Nick A. Caporella, Chairman and Chief Executive Officer. “Yes . . . LaCroix logged another quarter of spectacular performance; yes . . . the growth of our higher-margin Power+ portfolio continues to generate increased profits that more than offset soft demand for traditional carbonated soft drinks; and yes . . . strong operating cash flow further strengthens our balance sheet.”
“We, today, operate the Beverage Company of the Future,” Caporella shared with a group of management personnel recently. “EPS certainly is a strong indication of performance – but, should one wish to profoundly predict the future of a soft drink company – throw EPS in the trash basket. First, EPS is always a measure of ‘what’ happened! To predict the future, we must know what is ‘going’ to happen. The only true indicator of this is: Creative/Innovation that produces brands/products that the consumer certainly wants. Additionally, be certain by validation of authenticity that the beverages created explicitly confirm the wishes of a discriminating consumer! Finally – bet on a visionary who repeatedly hits the mark; designing with optically creative goodness like . . . LaCroix! That’s how it’s done.
“Consumer demand for healthy and refreshing alternatives to high-calorie colas will fundamentally change our industry in the coming years. Our results confirm the DNA of this Company today – providing our Shareholders and Team National their finest future possible,” 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
|National Beverage Corp.|
|Consolidated Results for the Six Months Ended|
|November 1, 2014 and October 26, 2013|
|(in thousands, except per share amounts)|
|Six Months Ended|
|November 1,||October 26,|
|Net Sales||$ 338,212||$ 340,019|
|Net Income||$ 28,321||$ 24,567|
|Earnings Per Common Share|
|Basic||$ .61||$ .52|
|Diluted||$ .60||$ .52|
|Average Common Shares Outstanding|