Business Services Industry
National Beverage Corp.'s Winter Quarter Produces 'Hot' . . . Results
Business Wire, March 14, 2007
FORT LAUDERDALE, Fla. -- National Beverage Corp. (AMEX:FIZ) today reported financial results for its third quarter ended January 27, 2007.
Compared to the third quarter of the prior year:
* Revenues increased 7% to $117.1 million; and
* Earnings per Share improved 33% to $.08.
For the nine months ended January 27, 2007:
* Revenues grew $19.6 million to $403.1 million; and
* Earnings per Share increased 11% to $.49.
"The focus on maximizing growth of our premium products led to achieving record third quarter results during what is typically our weakest period. Strict adherence to our growth plan that concentrates our efforts on the demographics and distribution for our premium beverages produced these superior results," stated Chairman and Chief Executive Officer, Nick A. Caporella.
"Rip It energy fuel, LaCroix waters and Everfresh juices all posted volume gains that more than offset challenges within the typical carbonated soft drink segment . . . and while the effects of increased selling prices have yet to be determined, we are encouraged by our 'designed' performance," continued Mr. Caporella.
"Innovation is our mantra . . . products, consumers, distribution and shareholders will certainly benefit from our creative diligence! We believe it's no coincidence that the introduction of our newest 'female' energy beverage 'Chic' and the recent successes of its spokesperson, Olympic Ski Champion Julia Mancuso . . . smack of a winning prophecy," concluded Caporella.
National Beverage is a UNIQUE BEVERAGE COMPANY that innovates and produces energy drinks, powders, soft drinks, bottled waters, juices and juice products, and is highly recognized for a line of refreshing flavors through its popular brands: Shasta[R], Faygo[R], Ritz[R], Everfresh[R], Mr. Pure[R], LaCroix[R], Rip It[R] , Rip It Chic[TM] and FREEK[TM].
Fun, Flavor and Vitality . . . the National Beverage Way
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