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National Beverage Corp. reported trending results for its third and fourth quarters plus fiscal year ended May 2, 2020. The fourth quarter saw an increase in operating margin to 17.6% and record sales driven by new LaCroix flavors.
Net sales exceeded $1 billion for the fiscal year.
Year-end cash was $305 million.
Fourth quarter operating margin increased to 17.6%, up from 14.1% for the prior year.
LaCroix growth in most recent 13-week period approaches 20%.
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