FORT LAUDERDALE, Fla. (AP) _ National Beverage Corp. (FIZZ) on Thursday reported fiscal first-quarter net income of $48.8 million.

On a per-share basis, the Fort Lauderdale, Florida-based company said it had profit of $1.04.

The soft drink and seltzer maker posted revenue of $292.6 million in the period.

National Beverage shares have increased 21 percent since the beginning of the year. The stock has dropped 1 percent in the last 12 months.

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