The Florida-based National Beverage Corp today announced second quarter earnings of US$4.0m, or US$.22 per share, as compared to earnings of $3.8 million, or $.21 per share, for the prior year. Revenues for the second quarter ended November 1, 2003 were US$129.4 million.
Earnings for the six-month period ended November 1, 2003 were US$12.5m on revenues of US$275.0m, with earnings of $.68 per share as compared to earnings of $.65 per share for the prior year.
“Often in public company disclosures, the revenues and profits do not reveal the corporation’s actual performance and real growth,” said Nick A. Caporella, chairman and chief executive officer.
“This is the case for us as our brands have actually grown considerably this year…enough to ‘make-up’ all the discarded revenues of non-branded sales in past comparative periods,” he said.
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, Faygo, Ritz, Everfresh, Mr. Pure and LaCroix.
