INVESTOR REMINDER

Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against National Beverage Corp.

The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of Florida against National Beverage Corp. (Nasdaq: FIZZ) (“National Beverage”) on behalf of purchasers of National Beverage securities between July 17, 2014 and July 3, 2018, inclusive (the “Class Period”).

Important Deadline Reminder: Investors who purchased National Beverage securities during the Class Period may, no later than September 17, 2018, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this action please visit www.ktmc.com/national-beverage-securities-class-action.

According to the complaint, National Beverage, through its subsidiaries, develops, produces, markets, and sells a portfolio of flavored beverage products in North America and internationally. The company offers beverages to the active and health-conscious consumers, including sparkling waters under the LaCroix, LaCroix Cúrate, LaCroix NiCola, and Shasta Sparkling Water brand names. The company sells and markets its products through an internal sales force, as well as specialized broker networks.

On May 4, 2017, National Beverage issued a press release stating that it “employs methods that no other company does in this area—VPO (velocity per outlet) and VPC (velocity per capita).” National Beverage asserted that it “utilize[s] two proprietary techniques to magnify these measure [sic] and this creates growth never before thought possible.”

The complaint alleges that on December 8, 2017, National Beverage issued a press release announcing its financial and operating results for the period ended October 28, 2017. Notwithstanding the company’s representations in its May 2017 press releases with respect to “creat[ing] growth never before thought possible,” analyst Laurent Grandet of Credit Suisse assigned an “underperform” rating to the company’s stock. Grandet noted that National Beverage’s business was driven “almost entirely” by the success of its LaCroix sparkling water brand, the growth trajectory of which was in fact slowing. Following this news, National Beverage’s share price fell $11.91, or 10.56%, to close at $100.84 on December 8, 2017.