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RECORD SETTING YEAR FOR SHASTA & FAYGO PARENT

 RECORD SETTING YEAR FOR SHASTA & FAYGO PARENT
 FORT LAUDERDALE, Fla., July 17 /PRNewswire/ -- Reporting a 93


percent increase in earnings for the year (pre-investee results) on a 9 percent increase in sales, National Beverage Corp. (NASDAQ: POPS) posted all time record earnings of $6.8 million, or $2.45 per share compared to $3.5 million, or $1.06 per share last year.
 The company also reported net income for the fiscal year ended May 2, 1992 of $5.6 million, or $2.10 per share, on net sales of $335.8 million compared to $1.8 million, or $.52 per share, on net sales of $307.2 million last year. While the loss of the investee company had a negative impact on income, under the equity method of accounting, the reduction in company profits from this treatment had no effect on cash flow.
 "All aspects of operations improved in fiscal 1992...resulting in record operating results," stated Nick A. Caporella, chairman and chief executive officer. "National Beverage is the only national producer of soft drinks that utilizes its company-owned manufacturing facilities and does not have to rely on franchised bottlers. In addition, our regional sales companies are able to respond quickly on a direct basis with the retail trade and coupled with the efficiency of our distribution system...the consumer is afforded quality beverages with attractive pricing.
 "Favorable new credit facilities, recently negotiated by National Beverage, will position the company to accelerate its plans for future growth," Caporella concluded.
 National Beverage serves as a holding company for various operating subsidiaries that manufacture, market and distribute its full line of cola and multi-flavored branded soft drinks and bottled water: Shasta(R), Faygo(R), Body Works(R), a Sante(R), and Spree(R). The company's subsidiaries, through their 12 strategically located manufacturing facilities, also bottle soft drinks for retail grocery chains, wholesalers and other soft drink companies.
 NATIONAL BEVERAGE CORP.
 Consolidated Results for the Years Ended
 May 2, 1992 and April 27, 1991
 (In Thousands, Except Per Share Amounts)
 Years Ended
 1992 1991
 Sales - Net $335,791 $307,181
 Earnings before equity in
 loss of investee $ 6,758 $ 3,500
 Loss of investee (1,133) (1,693)
 Net income $ 5,625 $ 1,807
 Per Common Share Data:
 Average Shares
 Outstanding (000) 2,327 2,301
 Earnings before equity in
 loss of investee $ 2.45 $ 1.06
 Loss of investee (.35) (.54)
 Net income $ 2.10 $ .52
 -0- 7/17/92
 /CONTACT: Kay Siranni of National Beverage Corp., 305-581-0922/
 (POPS) CO: National Beverage Corp. ST: Florida IN: FOD SU: ERN


JB-AW -- FL001 -- 0103 07/17/92 09:20 EDT
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Publication:PR Newswire
Date:Jul 17, 1992
Words:437
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