National Beverage Corp. Gives ‘Rise’ to the Companion of Heroes – LACROIX

About this update from National Beverage Corp.

[{"type":"text","content":" FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--\nNational Beverage Corp. (NASDAQ: FIZZ) today announced trending results for its third and fourth quarters plus fiscal year ended May 2, 2020.\n\n\n“In times of strife, there is always a silver lining. Hard as it often is to find, it appears. 2020 gave ICU experts, intensive care specialists, first responders and medical experts their favorite fix – LaCroix. ‘Wow, that did it!’ These words accompanied photos of those daring and special humans that went to the aid of sick and ailing patients, giving of themselves to help others. No greater act is the act of saving a life.\n\n\nOur number one priority was to continue manufacturing while keeping our employees safe. This press release is about the results of our actions during these trying times. We are most fortunate to continue giving joy to the finest heroes of these times,” stated a company spokesperson.\n\n\nFacts – FY 2020\n\n\n\nNet sales exceeded $1 billion.\n\n\nYear-end cash was $305 million.\n\n\nFourth quarter operating margin increased to 17.6%, up from 14.1% for the prior year.\n\n\n\n\n\n(dollars in thousands, except EPS) \n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n3rd Quarter\n\n\n\n \n\n\n\n4th Quarter* \n\n\n\n \n\n\n\nFiscal Year* \n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\nNet Sales \n\n\n$\n\n\n\n222.8\n\n\n\n \n\n\n\n\n$\n\n\n\n262.4\n\n\n\n \n\n\n\n\n$\n\n\n\n1,000.4\n\n\n\n\n\n\nIncrease \n\n\n \n\n\n\n0.9\n\n\n\n%\n\n\n\n\n \n\n\n\n9.4\n\n\n\n%\n\n\n\n\n\n\n\n\nOperating Income \n\n\n \n\n\n\n33.2\n\n\n\n \n\n\n\n\n \n\n\n\n46.3\n\n\n\n \n\n\n\n\n \n\n\n\n165.7\n\n\n\n\n\n\nIncrease \n\n\n \n\n\n\n7.1\n\n\n\n%\n\n\n\n\n \n\n\n\n37.2\n\n\n\n%\n\n\n\n\n\n\n\n\nNet Income \n\n\n \n\n\n\n26.6\n\n\n\n \n\n\n\n\n \n\n\n\n36.2\n\n\n\n \n\n\n\n\n \n\n\n\n130.0\n\n\n\n\n\n\nIncrease \n\n\n \n\n\n\n7.1\n\n\n\n%\n\n\n\n\n \n\n\n\n38.6\n\n\n\n%\n\n\n\n\n\n\n\n\nEPS \n\n\n \n\n\n\n0.57\n\n\n\n \n\n\n\n\n \n\n\n\n0.78\n\n\n\n \n\n\n\n\n \n\n\n\n2.79\n\n\n\n\n\n\nIncrease \n\n\n \n\n\n\n7.5\n\n\n\n%\n\n\n\n\n \n\n\n\n39.3\n\n\n\n%\n\n\n\n\n\n\n\n\nFacts – LaCroix\n\n\n\nLatest three LaCroix flavors set unprecedented sales records.\n\n\nLaCroix growth in most recent 13-week period approaches 20%.\n\n\nRestaurants, theme parks, entertainment centers and theatre closures have shifted consumption purchases to channels favoring authentic and health...

More updates from National Beverage Corp.