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SNAPPLE BEVERAGE CORPORATION REPORTS THIRD QUARTER 1993 RESULTS

 VALLEY STREAM, N.Y., Nov. 3 /PRNewswire/ -- Snapple Beverage Corp. (NASDAQ-NMS: SNPL) today reported record case volumes, net revenues, operating income, net income and earnings per share for the quarter ended Sept. 30, 1993, the fourth consecutive quarter during which record results in these categories have been achieved. Case sales and net revenues increased by 130 percent and 133 percent, respectively, over the year ago quarter and operating income increased by 230 percent over the pro forma results for the third quarter of 1992. For the third quarter of 1993, net income was $26.9 million, or $0.22 per share, more than three times the $7.8 million, or $0.06 per share the company earned on a pro forma basis for the three months ended September 30, 1992.
 Actual historical financial results are not directly comparable to current results due to the acquisition of the assets of the predecessor company on April 1, 1992, the offering of 14.5 percent of the common equity to the public in December, 1992, and the June 30, 1993 acquisition of Mr. Natural, Inc. In order to present the results of the company on a comparable basis, pro forma adjustments were made which assume that the acquisitions of the predecessor company, the offering, and the acquisition of Mr. Natural, Inc. occurred on Jan. 1, 1992.
 -0- 11/3/93
 /CONTACT: Adam Feild of Snapple Beverage Corporation, 516-872-4800/
 (SNPL)


CO: Snapple Beverage Corporation ST: New York IN: FOD SU: ERN

TM -- NY010 -- 9963 11/03/93 08:32 EST
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Publication:PR Newswire
Date:Nov 3, 1993
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