National Beverage Corp.


FIZZ

Price

53.23


Change

1.69


High

NA


Low

51.65


Avg Volume

216,277


PE Ratio

28.16


52 Week High

98.22


52 Week Low

38.73



Profile

National Beverage Corp. is an American beverage developer, manufacturer, and distributor based in Fort Lauderdale, Florida, focused on flavored soft drinks. National Beverage Corp. is ranked by Beverage Digest as the fifth-largest soft drink company in the United States. The company was formed in 1985 by Nick A. Caporella to fend off an unwanted acquisition by Victor Posner of Burnup & Sims Inc., an installer of cable television and telecommunications systems, through trading stock between the two companies to reduce Posner's ownership level. Caporella, now having an additional company, needed to have a business to go with it and acquired Shasta Beverages from Sara Lee Corporation in 1985 for US$40 million in cash and Burnup & Sims shares. To make National a major player, Caporella purchased Faygo, a Midwest regional soft drink manufacturer, from Tree Sweet Products Corp. With its 12 bottling plants, National subsidiaries branched out into bottling store brands.


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