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National Beverage Corp. reported a successful fourth quarter with record revenues, operating profit, and net income, driven by LaCroix and Rip It, with overall case volume growing by 5%.
Net sales increased by $11 million to $297 million.
Gross margins grew 100 bps to 36.7% of sales.
Net income increased 20% to $44 million, or $.47 per share.
Overall case volume grew 5%.
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