US: Energy drinks boost National Beverage

By | 13 December 2006

US soft drinks group National Beverage has seen its Rip It energy drink brand boost earnings during the second quarter.

The Florida-based company said yesterday (12 December) that operating income leapt 24% during the three months to US$8.6m. Revenues rose 4% to US$286m.

"The second quarter was again led by the explosive growth of Rip It energy drinks and continued gains by our LaCroix premium water line and portfolio of juice products," said chairman and CEO Nick A. Caporella.

"The softness for traditional carbonated soft drinks, although quite challenging, has the whole industry refocused on real value for the consumer's preferences."

National Beverage produces a range of drinks that also includes energy drinks Chic and Freek.

Sectors: Soft drinks, Water

View next/previous articles

Currently reading -

US: Energy drinks boost National Beverage

There are currently no comments on this article

Be the first to comment on this article

Related articles

US: National Beverage switches to Nasdaq

National Beverage Corp. is to move its common stock from the American Stock Exchange to Nasdaq's Global Select Market.

US: Function Drinks launches brand extensions

Function Drinks has added three new drinks to its current line.

ANALYSIS - Coca-Cola sails into functional waters

Coca-Cola's US$4.1bn acquisition of Glacéau gives the company a presence in the growing enhanced waters sector where, writes Annette Farr, the soft drinks giant will be competing not only with smaller niche companies but also with its major rivals PepsiCo, Danone and Nestlé.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page