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23 April, 2024 21:45 IST
National Beverage Corp third-quarter profit jumps 116.14 percent on a YOY basis
Source: IRIS | 10 Mar, 2017, 11.52PM

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National Beverage Corporation (FIZZ) has reported 116.14 percent jump in profit for the quarter ended Jan. 28, 2017. The company has earned $24.28 million, or $0.52 a share in the quarter, compared with $11.24 million, or $0.24 a share for the same period last year.      

Revenue during the quarter grew 20.33 percent to $194.56 million from $161.69 million in the previous year period.

"In conventional times, great things happen if great choices, great strategies, great teams and great fortune all align! We are in the depth of this unique time. Simultaneously, a very rare phenomenon comprising consumers, aggressive retailers and a new Mindfulness here at National Beverage . . . ignited an innovativeness that is extremely compelling to observe," stated Nick A. Caporella, chairman and chief executive officer.

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