National Beverage Corp. Previews First Quarter FY2017 Reaffirms Strong Momentum

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–In response to the recent volume and volatility in its common stock
trading, National Beverage Corp. (NASDAQ: FIZZ) today released comments
from a recent internal meeting with Chairman and Chief Executive
Officer, Nick A. Caporella. Mr. Caporella commented on expected results
for its quarter ended July 30, 2016 and responded to questions
concerning recent FIZZ trading activity with the following:

“I am not sure what the market is thinking – or thinks it knows – about
the real value of National Beverage, but I am
more than certain that we are starting our 2017 fiscal year with
unprecedented momentum. This first quarter will be, by any financial or
operating metric, judged exceptional by our peers and surely the finest
in company history. As I previously disclosed, we are expecting revenues
to exceed $200 million, but what is more impressive is our operating
performance. For example, our first quarter operating margins have
expanded by over 6 percentage points, reaching 20%, and our operating
profit will safely achieve the mid $40 million range. When you
consider that is more than a 60% increase over results of just a year
ago, it is decisively clear that our growth is accelerating
exponentially
.”

“Our people, our brands, our results – all are breaking records day
after day! FY2016 exceeded our expectations as a Break-Out Year
and our FY2017 start confirms that National Beverage’s commitment to helping
make America healthy
will become ‘historic’ for both our consumers
and shareholders,” concluded a smiling Caporella.

National Beverage Corp. will release its full first quarter financial
statements in September.

National Beverage’s iconic brands are the genuine essence . . . of
America.

“Patriotism” – If Only We Could Bottle It!

Fun, Flavor and Vitality . . . the National Beverage Way

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
and risk factors described in the Company’s Securities and Exchange
Commission filings. The Company disclaims an obligation to update any
such factors or to publicly announce the results of any revisions to any
forward-looking statements contained herein to reflect future events or
developments.

Contacts

National Beverage Corp.
Grace Keene, 877-NBC-FIZZ
Office of
the Chairman