UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): July 13, 2006
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National Beverage Corp.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-14170 59-2605822
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(Commission File Number) (IRS Employer Identification No.)
One North University Drive
Fort Lauderdale, Florida 33324
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(Address of Principal Executive Offices) (Zip Code)
(954) 581-0922
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition
On July 13, 2006, National Beverage Corp. issued a press release announcing its
financial results for the fourth quarter and fiscal year ended April 29, 2006.
This release is furnished herewith as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits
( c ) Exhibit 99.1 Press release dated July 13, 2006 announcing the Company's
earnings for the fourth quarter and fiscal year ended
April 29, 2006.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
National Beverage Corp.
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(Registrant)
Date: July 13, 2006 /s/ Dean A. McCoy
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Dean A. McCoy
Senior Vice President -
Chief Accounting Officer
EXHIBIT INDEX
99.1 Press release dated July 13, 2006 announcing the Company's earnings for
the fourth quarter and fiscal year ended April 29, 2006.
Exhibit 99.1
'Energized' Results for National Beverage Corp.
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--July 13, 2006--National Beverage
Corp. (AMEX:FIZ) again reports growth of revenues and earnings.
-- 2006 fiscal earnings were $22.2 million or $.59 EPS on revenues of
$516.8 million, while earnings for the prior year were $16.9 million
or $.45 EPS on revenues of $495.6 million.
-- 2006 fiscal fourth quarter earnings were $5.7 million on revenues of
$133.4 million, a 71% increase on earnings of $3.3 million for the
prior year. Revenues for the comparable period were $120.7 million.
"Much is happening at National Beverage to be pleased about.
Notwithstanding the weather events of our first quarter and the combined energy
and raw material cost increases...the second, third and fourth quarter results
made this a great year for our Company," stated Nick A. Caporella, Chairman and
Chief Executive Officer.
"Our focus on internal product development has never been stronger and we
will be introducing a female line extension of our Rip It energy beverage in a
few weeks," continued Caporella.
"In addition, we are near the launch of a new 'segment' of Wellness, and
are progressing with good and fun alternatives in the children's beverage
category...which have the potential to deliver superior margins outside the
traditional carbonated soft drink marketplace," Caporella stated.
"Also, at this writing, we have initiated the new introduction of a dynamic
energy drink. Created to 'refill' a need within the traditional DSD system, this
new beverage is sure to 'FREEK OUT' its competition," continued Caporella.
"As stated before, we have much to be pleased about as we begin our new
fiscal year...and dynamically continue our transformation into the beverage
company of...tomorrow!" concluded Caporella.
National Beverage is a UNIQUE BEVERAGE COMPANY that innovates and produces
energy drinks, powders, soft drinks, bottled waters, juices and juice products,
and is highly recognized for a line of refreshing flavors through its popular
brands: Shasta(R), Faygo(R), Ritz(R), Everfresh(R), Mr. Pure(R), LaCroix(R) and
Rip It(R).
Fun, Flavor and Vitality...the National Beverage Way.
National Beverage Corp.
Consolidated Results for the Fiscal Year Ended
April 29, 2006 and April 30, 2005
(in thousands, except per share amounts)
Fiscal Year Ended
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April 29, April 30,
2006(a) 2005
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Net Sales $516,802 $495,572
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Net Income $22,226 $16,886
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Net Income Per Share:
Basic $.59 $.45
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Diluted $.58 $.44
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Average Common Shares Outstanding:
Basic 37,806 37,579
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Diluted 38,288 38,254
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This press release includes forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include
fluctuations in costs, changes in consumer preferences and other items described
in the Company's Securities and Exchange Commission filings and the Company
undertakes no obligation to update the forward-looking statements.
(a) Amounts for the fiscal year ended April 29, 2006 are pending completion
of audit.
CONTACT: National Beverage Corp., Fort Lauderdale
Grace A. Keene, 954-581-0922