National Beverage Corp. announced results for the year ended Jan. 26, 2013. Results for the fourth quarter include 6.6 percent revenue increase to $494.1 million, 7.3 percent increase in net income to $34.8 million, and 7.1 percent increase in earnings per share to $.75.
“Consistent quarters of revenue and earnings growth – achieved in a volatile environment of political and economic chaos – are a feat Team National is proud to report. Our winter quarter is always challenging, yet we were able to outpace the industry with the growth of both our Power+ Brands and carbonated soft drinks. The continued double-digit volume gains of our LaCroix sparking water and Rip It energy drink attest to the success of Team National in repositioning our products and distribution to the higher-growth segments of the beverage industry,” stated Nick A. Caporella, chairman and chief executive officer in a prepared statement.
“Working proudly at all that we do is inherent in our culture: safeguarding the balance sheet; providing shareholder gratification; innovating profoundly; developing new techniques and All-Ways setting ourselves apart . . . that’s our challenge at being the best provider of taste, quality and value! As most Americans ponder sequestering . . . we at National Beverage wish for America the wholesome spirit provided by – Refreshment,” concluded Caporella.