National Beverage Corp. Reports First Quarter Results
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LaCroix Deliciously Magical Variety Pack!
-
Net sales grew to a record
$331 million ; -
Gross profit increased 80 basis points to
$125 million ; -
Operating income increased to
$71 million ; -
Earnings per share was
$.60 and; -
Operating cash flow of
$59 million increased total cash to$250 million .
“Our solid operating performance amid the challenging global environment, marked by uncertainty in consumer spending and geopolitical events, reflects the strength of our brands and the success of Team National’s management strategy. We continue to generate exceptional operating cash flows while maintaining one of the strongest balance sheets among our beverage peers,” as stated by a company spokesperson. “Net sales increased as a result of price/mix improvements, partially offset by a slight decline in case volume. Interest income decreased
“We are pleased that LaCroix, our most significant brand, posted organic sales growth in the club channel with a vibrant Deliciously Magical variety pack featuring Strawberry Peach and fan favorites Blackberry Cucumber and
“Innovation has always set us apart. True to our brand trust of remaining Innocent, we do not try to reinvent ourselves when new trends unfold. Many in the industry look to us for leadership, and we are proud that our new product launches over the past several months – and indeed, the past several years – continue to shape and elevate the marketplace. We will remain focused on developing exciting new flavors and products that delight our consumers, while safeguarding the investments of our shareholders.”
“We have always prided ourselves on giving back to our shareholders, and that commitment will never change. We have also returned more than
“We will soon commemorate our 40th year as . . .
“Patriotism” – If Only We Could Bottle It!
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Consolidated Results for the Periods Ended | |||||
|
|||||
(in thousands, except per share amounts) | |||||
Three Fiscal Months Ended | |||||
|
|
||||
|
$ |
330,515 |
$ |
329,473 |
|
Net Income |
$ |
55,760 |
$ |
56,780 |
|
Earnings Per Common Share | |||||
Basic |
$ |
.60 |
$ |
.61 |
|
Diluted |
$ |
.60 |
$ |
.61 |
|
Average Common Shares Outstanding | |||||
Basic |
|
93,620 |
|
93,569 |
|
Diluted |
|
93,699 |
|
93,667 |
|
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks, uncertainties and other factors described in the Company's |
View source version on businesswire.com: https://www.businesswire.com/news/home/20250911016381/en/
877-NBC-FIZZ
www.nationalbeverage.com
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