Exhibit 99.1
National Beverage Corp. Reports 'Solid' Quarter Again!
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec. 13, 2005--National
Beverage Corp. (AMEX:FIZ) today reported its financial results for the
second quarter ended October 29, 2005. Compared to the prior year
period:
-- Revenues grew 5.3% to $131.5 million;
-- Net Income increased 11% to $4.6 million;
-- Earnings per Share increased to $.12 from $.11; and
-- Shareholders' Equity increased 14% to $158.2 million, or $4.26
per share.
"Our operating results for the second quarter were very 'solid'
considering the extraordinary challenges we faced," stated Nick A.
Caporella, Chairman and Chief Executive Officer. "Double-digit growth
of our Rip It energy beverage line and improved product mix overcame
the business interruption cost and damage of three hurricanes that
severely impacted three of our facilities. The quarter was also helped
by an increase in average selling prices. Although the recapture of
cost increases has been a continuing 'work in process', it appears we
have been successful in neutralizing most of the recent spike in
energy and commodity costs."
"We continue to focus on the development of higher-margin products
and distribution channels, while maintaining pricing discipline within
our core carbonated soft drink business. Our recently introduced Rip
It and PowerBlast energy powders will begin shipping during the third
quarter and our St. Nick's line of holiday flavors is on the shelves
this season in new 8-ounce cans."
"The last several quarters have been difficult, but I believe the
second quarter results demonstrate the resolve of our 'Focus' and that
we are on plan for continuing profitable growth...again!"
concluded Mr. 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 and Six Months Ended
October 29, 2005 and October 30, 2004
(in thousands, except per share amounts)
Three Months Ended Six Months Ended
----------------------- -----------------------
October 29, October 30, October 29, October 30,
2005 2004 2005 2004
----------- ----------- ----------- -----------
Net Sales $131,502 $124,858 $273,865 $271,370
=========== =========== =========== ===========
Net Income $4,574 $4,120 $14,257 $12,976
=========== =========== =========== ===========
Net Income Per Share:
Basic $.12 $.11 $.38 $.35
=========== =========== =========== ===========
Diluted $.12 $.11 $.37 $.34
=========== =========== =========== ===========
Average Common Shares
Outstanding:
Basic 37,705 37,574 37,662 37,567
=========== =========== =========== ===========
Diluted 38,266 38,240 38,263 38,252
=========== =========== =========== ===========
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 obligation to update the forward-looking
statements.
CONTACT: National Beverage Corp., Fort Lauderdale
Grace A. Keene, 954-581-0922