EX-99.1 2 ex_157241.htm EXHIBIT 99.1 ex_157241.htm

Exhibit 99.1

 

 

NASDAQ: FIZZ

For Immediate Release

Contact: Office of the Chairman, Grace Keene

   
   

 

 

NATIONAL BEVERAGE CORP.

REPORTS COMPARATIVE RESULTS

 

FORT LAUDERDALE, FL, September 5, 2019 . . . National Beverage Corp. (NASDAQ: FIZZ) today announced results for its first quarter ended July 27, 2019.

 

 

In thousands, except EPS

 

Net Sales

   

Net Income

   

EPS

 
                           

Three Months Ended July 27, 2019

  $ 263,568     $ 34,542     $ .74  
       
     
     
 

Three Months Ended April 27, 2019

  $ 239,914     $ 26,135     $ .56  

 

 

The above presentation emphasizes brand LaCroix’s significant stair-step influence returning to a more positive directional position.

 

The Company has an authorized stock repurchase plan in effect as disclosed in its Form 10-K. Cash on hand is $202.7 million at July 2019.

 

 

Trending Perspectives

 

 

New focus is National Beverage’s core driver and international customers are piggyback targets providing growth.

 

 

Unique theme and demographic innovation will stay permanently affixed to the dashboard.

 

 

Canada, the United Kingdom, Ireland and European distribution partnerships are dashboard priorities.

 

 

 

-more-

 

 

 

 

 


National Beverage Corp. 

Page 2   

 

Highlights First Quarter

 

 

LaCroix’s 13 market bus tour and sampling experiences garnered over 25 million in impressions this summer (actual 25,192,955 source Vector Media).

 

 

LaCroix Hi-Biscus Social Campaign reached influencers representing over 187 million impressions on Instagram (actual 187,206,444 source Instagram).

 

 

LaCroix Pamplemousse has reached iconic status with numerous placements in the media including several appearances on the Tonight Show featuring Jimmy Fallon. The entire LaCroix line up is now led by Pamplemousse.

 

 

We want to thank our loyal and dedicated consumer base that applauded the launch of our Hi-Biscus.

 

We love our LaCroix . . .

 

We are passionate about our LaCroix . . .

 

We are crazy about our LaCroix . . .

 

We #LIVE LaCroix!!

 

 

 

-more-

 

 

 

 

 

 


National Beverage Corp. 

Page 3

 

National Beverage Corp.

Consolidated Results for the Periods Ended

April 27, 2019, July 27, 2019 and July 28, 2018

 

 

   

(in thousands, except per share amounts)

 
   

Three Months Ended

 
   

 

April 27, 2019

   

 

July 27, 2019

   

 

July 28, 2018

 
                         

Net Sales

  $ 239,914     $ 263,568     $ 292,590  
                         

Net Income

  $ 26,135     $ 34,542     $ 48,830  
                         

Earnings Per Common Share

                       

Basic

  $ .56     $ .74     $ 1.05  

Diluted

  $ .56     $ .74     $ 1.04  
                         

Average Common Shares Outstanding

                       

Basic

    46,644       46,646       46,619  

Diluted

    46,892       46,880       46,919  

 

 

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 Securities and Exchange Commission filings which may cause actual results or achievements to differ from the results or achievements expressed or implied by such statements. The Company disclaims an obligation to update or announce revisions to any forward-looking statements.