National Beverage reports 1H17 EPS $1.15 vs. 70c last year
Reports 1H17 revenue $420M vs. $364M in the same period of last year. "Our first half of FY2017 is reflective of our architecture and passion! The cyclical differences in summer and fall quarters, when adjusted, made our second quarter just as gratifying as the first. Packaging, distribution, promotions and marketing are investment avenues leading to the architectural year-end results. Hopefully we will soon see public company protocols revisited allowing for a 'fairer' way to analyze - especially self-serving, 'short interest' disclosure. We are more than triumphant with our first half results . . . absolutely! Announcing the capital allocation program was equally well intentioned and extremely satisfying. No one has to guard a seasoned and cautious cash flow manager . . . his conscience does a masterful job, regardless of his ownership," said Chairman and CEO Nick Caporella.