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National Beverage Corp reports 24% increase in EPS in Q1

Fri. September 11, 2009; Posted: 06:41 AM
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Sep 11, 2009 (M2 EQUITYBITES via COMTEX) -- FIZZ | Quote | Chart | News | PowerRating -- US beverage products supplier National Beverage Corp (NASDAQ:FIZZ) on Thursday reported net income of USD9.79m for the first quarter ended 1 August 2009, an increase from USD7.75m in the same quarter last year.

Earnings per share (EPS) increased 24% to USD0.21 from USD0.17 in the quarter ended 2 August 2008.

The company stated that brand loyalty of 'value conscious' consumers has resulted in double-digit increases in its core soft-drink brands and boosted revenues and net income.

National Beverage's revenues in the first quarter were USD163m, up 6.5% compared to revenues of USD153m in the same period in 2008.

Comments on this story may be sent to admin@m2.com
For full details for FIZZ click here.

    


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