National Beverage Q1 profit falls, $3.25 dividend

Q: How did National Beverage Corp. (FIZZ) perform financially in the first quarter of 2026?

National Beverage Corp. reported Net Sales of $330.7 million for the quarter ended August 1, 2026, versus $330.5 million a year earlier. Net income was $47.0 million compared with $55.8 million, and diluted EPS was $0.50 versus $0.60.

Q: What factors impacted FIZZ’s margins and earnings this quarter?

The company said gross profit was pressured by higher packaging and ingredient costs, especially elevated aluminum commodity costs and tariffs. Aluminum costs alone reduced gross margin by almost 600 basis points, while higher fuel and freight further increased shipping expenses.

Q: Did FIZZ pay a dividend in the first quarter of 2026?

Yes. The company paid a special dividend of $3.25 per share in the first quarter, its thirteenth special cash dividend. Cumulatively, these special dividends total $19.78 per share, or over $1.8 billion distributed to shareholders.

Q: How is National Beverage Corp. responding to tariffs and higher costs?

The company stated it has absorbed a portion of tariff-related cost increases at the request of the current administration and implemented recent pricing actions. Management expects these measures, along with disciplined operations, to help improve performance.

Q: What strategic or product initiatives did FIZZ highlight this quarter?

Management emphasized continued innovation, noting a new LaCroix flavor, PineApple CocoNut, featured in its summer campaign and described as quickly becoming a consumer favorite, alongside its broader portfolio of sparkling water, carbonated soft drinks, and juice products.

National Beverage Corp.’s first-quarter earnings and margins declined despite flat sales, while it continued sizable special cash dividends to shareholders.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

National Beverage Corp. (FIZZ) reported first-quarter results for the three months ended August 1, 2026, with Net Sales of $330.7 million, essentially flat versus $330.5 million a year earlier. Net income declined to $47.0 million from $55.8 million, and diluted EPS fell to $0.50 from $0.60.

Management attributed softer net sales and lower margins to weaker consumer sentiment, tariffs and significantly higher aluminum, packaging, fuel and freight costs, noting aluminum costs reduced gross margin by almost 600 basis points. The company highlighted a rebound in orders during August and expects pricing actions and operational discipline to support performance. It also paid a first-quarter special dividend of $3.25 per share, its thirteenth special cash dividend, bringing cumulative special dividends to $19.78 per share, or over $1.8 billion returned to shareholders.

Positive

Special dividend of $3.25 per share in the first quarter, the company’s thirteenth special cash dividend, bringing cumulative special dividends to $19.78 per share and over $1.8 billion returned to shareholders.
Trailing twelve fiscal months net income totaled $174.9 million with diluted EPS of $1.87, indicating continued profitability despite recent cost pressures.

Negative

First-quarter net income declined to $47.0 million from $55.8 million a year earlier, with diluted EPS down to $0.50 from $0.60 as higher aluminum, packaging, fuel and freight costs compressed margins.
The company stated net sales were negatively affected by consumer sentiment and tariffs, and that aluminum costs alone reduced gross margin by almost 600 basis points.

Insights

Analyzing...

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Net Sales (quarter): $330.7 million Net Sales prior-year quarter: $330.5 million Net Income (quarter): $47.0 million +5 more

8 metrics

Net Sales (quarter) $330.7 million Three fiscal months ended August 1, 2026

Net Sales prior-year quarter $330.5 million Three fiscal months ended August 2, 2025

Net Income (quarter) $47.0 million Three fiscal months ended August 1, 2026

Net Income prior-year quarter $55.8 million Three fiscal months ended August 2, 2025

Diluted EPS (quarter) $0.50 Three fiscal months ended August 1, 2026

Diluted EPS prior-year quarter $0.60 Three fiscal months ended August 2, 2025

Net Sales (trailing twelve months) $1.18 billion Trailing twelve fiscal months ended August 1, 2026

Special dividend per share $3.25 First-quarter special cash dividend

Key Terms

gross margin, trailing twelve fiscal months, special cash dividend, forward-looking statements, +1 more

5 terms

gross margin financial

"Aluminum costs alone negatively impacted gross margin by almost 600 basis points."

Gross margin is the difference between how much money a company makes from selling its products and how much it costs to produce them, expressed as a percentage of sales. It shows how efficiently a company is turning sales into profit before other expenses like marketing or salaries. Higher gross margin means the company keeps more money from each sale, which is a good sign of financial health.

trailing twelve fiscal months financial

"Trailing Twelve Fiscal Months Ended August 1, 2026"

Trailing twelve fiscal months (TTFM) is the sum of a company’s financial results for the most recent four fiscal quarters, giving a rolling 12-month view that ends with the latest reported fiscal period. Investors use it like a moving snapshot—similar to checking a car’s mileage over the last year—to see up-to-date revenue, profit or cash-flow trends, smooth out seasonal swings, and compare valuations or growth without waiting for a full fiscal year.

special cash dividend financial

"representing our thirteenth special cash dividend which have distributed $19.78 per share"

A special cash dividend is a one-time, extra cash payment a company gives to its shareholders in addition to its regular dividends, like a bonus check sent out when a business has more cash than usual. It matters to investors because it delivers immediate cash value, can signal that the company has strong short-term cash or limited opportunities to reinvest, and typically reduces the company’s cash reserves and may affect the stock price and tax treatment for recipients.

forward-looking statements regulatory

"This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

tariffs financial

"Net Sales were negatively impacted by consumer sentiment and tariffs"

Tariffs are taxes imposed by a government on goods imported from other countries. They increase the cost of those goods, which can lead to higher prices for consumers and impact international trade. For investors, tariffs matter because they can influence the profitability of companies, affect supply chains, and shift economic stability across different regions.

Earnings Snapshot

Net Sales: $330.7 million

Three fiscal months ended August 1, 2026

Net Sales $330.7 million slightly above $330.5 million in the prior-year quarter

Net Income $47.0 million down from $55.8 million in the prior-year quarter

Diluted EPS $0.50 down from $0.60 in the prior-year quarter

Net Sales (trailing twelve months) $1.18 billion trailing twelve fiscal months ended August 1, 2026

Net Income (trailing twelve months) $174.9 million trailing twelve fiscal months ended August 1, 2026

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How did National Beverage Corp. (FIZZ) perform financially in the first quarter of 2026?

National Beverage Corp. reported Net Sales of $330.7 million for the quarter ended August 1, 2026, versus $330.5 million a year earlier. Net income was $47.0 million compared with $55.8 million, and diluted EPS was $0.50 versus $0.60.

What factors impacted FIZZ’s margins and earnings this quarter?

The company said gross profit was pressured by higher packaging and ingredient costs, especially elevated aluminum commodity costs and tariffs. Aluminum costs alone reduced gross margin by almost 600 basis points, while higher fuel and freight further increased shipping expenses.

What were National Beverage Corp.’s trailing twelve-month results?

For the trailing twelve fiscal months ended August 1, 2026, National Beverage Corp. reported Net Sales of $1.18 billion and Net Income of $174.9 million, with basic and diluted EPS of $1.87.

Did FIZZ pay a dividend in the first quarter of 2026?

Yes. The company paid a special dividend of $3.25 per share in the first quarter, its thirteenth special cash dividend. Cumulatively, these special dividends total $19.78 per share, or over $1.8 billion distributed to shareholders.

How is National Beverage Corp. responding to tariffs and higher costs?

The company stated it has absorbed a portion of tariff-related cost increases at the request of the current administration and implemented recent pricing actions. Management expects these measures, along with disciplined operations, to help improve performance.

What strategic or product initiatives did FIZZ highlight this quarter?

Management emphasized continued innovation, noting a new LaCroix flavor, PineApple CocoNut, featured in its summer campaign and described as quickly becoming a consumer favorite, alongside its broader portfolio of sparkling water, carbonated soft drinks, and juice products.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

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Available on EDGAR 09/11/2026 - 05:00 PM Accepted by SEC EDGAR 09/11/2026 - 05:00 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): September 10, 2026

National Beverage Corp.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

1-14170	59-2605822
(Commission File Number)	(IRS Employer Identification No.)

8050 SW Tenth Street, Suite 4000
Fort Lauderdale, Florida	33324
(Address of Principal Executive Offices)	(Zip Code)

(954) 581-0922

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each Class	Trading Symbol	Name of each exchange on which registered
Common Stock, par value $.01 per share	FIZZ	The NASDAQ Global Select Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition

On September 10, 2026, National Beverage Corp. (the “Company”) issued a press release announcing financial results for the periods ended August 1, 2026. The information in Item 2.02 of this report, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01 Financial Statements and Exhibits

(d) Exhibit 99.1

Press release dated September 10, 2026 announcing the Company’s financial results for the periods ended August 1, 2026.

Exhibit 104

Cover Page Interactive Data File (formatted as Inline XBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

National Beverage Corp.

(Registrant)

By: /s/ George R. Bracken

George R. Bracken

Executive Vice President – Finance

(Principal Financial Officer)

Date: September 11, 2026

EXHIBIT INDEX

99.1	Press release dated September 10, 2026 announcing the Company’s financial results for the periods ended August 1, 2026.

104	Cover Page Interactive Data File (formatted as Inline XBRL)

Exhibit 99.1

NASDAQ: FIZZ

For Immediate Release

Contact: Office of the Chairman, Grace Keene

NATIONAL BEVERAGE CORP.

REPORTS FIRST QUARTER EARNINGS

FORT LAUDERDALE, FL, September 10, 2026 . . . National Beverage Corp. (NASDAQ: FIZZ) today announced results for its first quarter ended August 1, 2026.

For the three months:

●

Net sales were $331 million;

●

Gross margin was 35%, reflecting the effects of elevated input costs;

●

Earnings per share were $.50 and;

●

Cash was $107 million after the payment of a $304 million special dividend ($3.25 per share) on July 30, 2026.

“Our first quarter Net Sales were negatively impacted by consumer sentiment and tariffs, as average selling price increases were largely offset by volume declines,” stated a company spokesperson. “While market conditions remain soft, we are encouraged by the rebound in orders during August and are optimistic that improving volume/mix will resume growth going forward.”

“Gross profit was also affected by higher packaging and ingredient costs, driven significantly by elevated aluminum commodity costs and tariffs. Aluminum costs alone negatively impacted gross margin by almost 600 basis points. Increases in fuel and freight further pressured both inbound and outbound shipping expenses. While we are disappointed to start the year with lower margins, the magnitude and convergence of these external pressures challenged our ability to respond as quickly as we historically have. In accordance with the request of the current administration, we have elected to absorb a portion of the tariff-related cost increases and continue to closely monitor these volatile market conditions. We believe recently instituted pricing actions, together with our disciplined operating focus, will improve performance.”

-more-

National Beverage Corp.

Page 2

“Innovation continues to be key in driving incremental demand and expanding consumption occasions. Shareholders will soon receive a ‘taste’ of our newest LaCroix flavor – PineApple CocoNut, a radiant fusion of bright pineapple sparkle with a velvety coconut finish, for a balance of flavor that’s Harmoniously Combined! This delectable combination was featured in our summer ad campaign and quickly became a consumer favorite.”

“Our strategy remains consistent: deliver innovative and flavorful beverages, vibrant consumer engagement, impactful merchandising and targeted marketing initiatives, all driven by disciplined operational execution. This strategy has generated strong cash flows as evidenced by our first quarter special dividend of $3.25 per share, representing our thirteenth special cash dividend which have distributed $19.78 per share or over $1.8 billion to our shareholders.”

“Our healthier LaCroix Sparkling Water, along with our ‘priced-right’ flavor variety of carbonated soft drinks and single-serve juice and drink products, position us to succeed in all channels and beverage categories. We believe this balanced portfolio, along with our strong balance sheet, acclaimed creativity and entrepreneurial management focus, provide a powerful foundation for creating long-term shareholder value,” concluded the spokesperson.

“Patriotism” – If Only We Could Bottle It!

-more-

National Beverage Corp.

Page 3

National Beverage Corp.
Consolidated Results for the Periods Ended
August 1, 2026 and August 2, 2025

(in thousands, except per share amounts)

Three Fiscal Months Ended

Trailing Twelve Fiscal Months Ended

August 1, 2026

August 2, 2025

August 1, 2026

Net Sales

330,662

330,515

1,180,699

Net Income

47,004

55,760

174,892

Earnings Per Common Share

Basic

.50

.60

1.87

Diluted

.50

.60

1.87

Average Common Shares Outstanding

Basic

93,613

93,620

93,615

Diluted

93,660

93,699

93,663

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks, uncertainties and other factors described in the Company's Securities and Exchange Commission filings which may cause actual results or achievements to differ from the results or achievements expressed or implied by such statements. The Company disclaims an obligation to update or announce revisions to any forward-looking statements.

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Press Releases

EX-99.1 EXHIBIT 99.1 53.7 KB