-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PnNN2OHOMyVl+wJCh+sc0uj0M0h3PrveKwXXsKRLQQsBBzXQgCpEmVOgLuyekxbh k1+n/fGKa80jvd6QOEpcEA== 0001157523-04-008531.txt : 20040915 0001157523-04-008531.hdr.sgml : 20040915 20040915095050 ACCESSION NUMBER: 0001157523-04-008531 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040914 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040915 DATE AS OF CHANGE: 20040915 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL BEVERAGE CORP CENTRAL INDEX KEY: 0000069891 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] IRS NUMBER: 592605822 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14170 FILM NUMBER: 041030781 BUSINESS ADDRESS: STREET 1: ONE NORTH UNIVERSITY DRIVE STREET 2: BUILDING A 4TH FLOOR CITY: FORT LAUDERDALE STATE: FL ZIP: 33324 BUSINESS PHONE: 3055810922 MAIL ADDRESS: STREET 1: 1 NORTH UNIVERSITY DR CITY: PLANTATION STATE: FL ZIP: 33324 8-K 1 a4720397.txt NATIONAL BEVERAGE UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): SEPTEMBER 14, 2004 National Beverage Corp. - ------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware - ------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 1-14170 59-2605822 - ------------------------------------------------------------------------------- (Commission File Number) (IRS Employer Identification No.) One North University Drive Fort Lauderdale, Florida 33324 (Address of Principal Executive Offices) (Zip Code) - ------------------------------------------------------------------------------- (954) 581-0922 (Registrant's Telephone Number, Including Area Code) - ------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (SEE General Instruction A.2. below): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION On September 14, 2004, National Beverage Corp. issued a press release announcing its financial results for the first quarter ended July 31, 2004. This release is furnished as Exhibit 99.1 hereto. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS ( c ) Exhibit 99.1 Press release dated September 14, 2004 EX-99.1 2 a4720397ex991.txt NEWS RELEASE Exhibit 99.1 National Beverage Corp. Reports First Quarter Profit Increase FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 14, 2004--National Beverage Corp. (AMEX:FIZ) today announced results for its first quarter ended July 31, 2004. For the quarter, sales were $146.5 million with earnings of $8.9 million, or $.24 per share. For the prior comparable period, sales were similar and earnings were $8.5 million, or $.23 per share. "`OPPORTUNISTICALLY PERFECT' was how we described our status relative to future possibilities in our earnings release dated July 20, 2004. Nothing has occurred to modify that statement," stated Nick A. Caporella, Chairman and Chief Executive Officer. "Many circumstances affect the purchases of soft drinks and the current consumer has to deal with more than ever before. `Heightened Awareness' of just about everything is the explanation for softer than normal sales during this quarter, which also included increased raw material costs, while 42 quarters of sustained profits is the work .... of Team National," continued Caporella. "While we continue to adjust pricing, we are 'on course' strategically with our new product launches and expect these incremental new revenues to produce higher margins not typical of the traditional carbonated soft drink industry," Caporella stated. "We have previously stated that fiscal year 2005 will surely provide our best performance to date and we stand solidly with that statement," concluded Caporella. National Beverage produces 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) and Rip It(R). Fun & Flavor ... the National Beverage Way National Beverage Corp. Consolidated Results for the Three Months Ended July 31, 2004 and August 2, 2003 (in thousands, except per share amounts) Three Months Ended ------------------- July 31, August 2, 2004 2003 --------- --------- Net Sales $146,512 $145,665 ========= ========= Net Income $ 8,856 $ 8,450 ========= ========= Net Income Per Share: Basic $ .24 $ .23 ========= ========= Diluted $ .23 $ .22 ========= ========= Average Common Shares Outstanding: Basic 37,560 36,834 ========= ========= Diluted 38,264 38,138 ========= ========= This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include fluctuations in costs, changes in consumer preferences and other items described in the Company's Securities and Exchange Commission filings and the Company undertakes no obligations to update the forward- looking statements. CONTACT: National Beverage Corp., Fort Lauderdale Grace A. Keene, 954-581-0922 -----END PRIVACY-ENHANCED MESSAGE-----