National Beverage Corp. Reports Fourth Quarter and Year-End Results . . . Innovation Accelerates Growth
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Fourth Quarter *
-
Net sales increased 5.5% to
$314 million ; -
Operating income increased 8.6% to
$57.5 million ; -
Net income increased to
$44.8 million ; and -
Earnings per share increased to
$.48 .
Fiscal Year *
-
Net sales increased to
$1.2 billion ; - Gross margin increased to 37.0% of sales;
-
Operating income increased 7.8% to
$235 million ; and -
Earnings per share increased to
$2.00 .
“We are very pleased to report strong fourth-quarter results, with net sales, operating profit and net income reaching record highs and both Power + Brands and carbonated soft drinks posting volume increases. LaCroix’s recent innovations, Sunshine,
“We have initiated various
“We inspire our team members to think creatively in all areas, including marketing, social media, BrandED (our unique in-store tasting experience), MerchMx (teams that build creative, themed displays), targeted social media ‘creators’, and numerous consumer events. From our appealing flavor names to unique taste and award-winning graphics, no new flavor is released until . . . it’s perfect. The love and emotional connection that goes into the birth of every new flavor is the result of the imagination and foresight of who we are.”
“The current confluence of events is unprecedented in recent times. The last few years have clearly demonstrated the resilience of the
“Patriotism” – If Only We Could Bottle It!
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Consolidated Results for the Periods Ended |
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(in thousands, except per share amounts) | ||||||||||||||
Fourth Quarter Ended * | Fiscal Year Ended * | |||||||||||||
|
|
|
|
|||||||||||
|
$ |
313,629 |
$ |
297,315 |
$ |
1,201,354 |
$ |
1,191,694 |
||||||
Net Income |
$ |
44,761 |
$ |
43,721 |
$ |
186,821 |
$ |
176,732 |
||||||
Earnings Per Common Share | ||||||||||||||
Basic |
$ |
.48 |
$ |
.47 |
$ |
2.00 |
$ |
1.89 |
||||||
Diluted |
$ |
.48 |
$ |
.47 |
$ |
1.99 |
$ |
1.89 |
||||||
Average Common Shares Outstanding | ||||||||||||||
Basic |
|
93,620 |
|
93,550 |
|
93,607 |
|
93,429 |
||||||
Diluted |
|
93,684 |
|
93,666 |
|
93,685 |
|
93,630 |
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*The Fourth Quarter and Fiscal Year Ended
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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 |
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250702697242/en/
877-NBC-FIZZ
www.nationalbeverage.com
Source: