FIZZ 10-Q Filings - National Beverage Corp SEC 10-Q
National Beverage Corp (FIZZ) reported flat Q1 fiscal 2027 net sales of $330.7M, down from $330.5M a year earlier, with net income falling to $47.0M from $55.8M. Gross margin decreased to 35.0% due to rising input costs. The company paid a special dividend of $3.25 per share, reducing cash to $107.1M. For the first nine months, net sales edged down 0.5% to $883.4M, but net income increased to $143.3M. FIZZ has no borrowings and remains in compliance with loan covenants.
How this was made
The 30-second read
Why it matters
The earnings decline and margin compression suggest near‑term earnings pressure.
Market read
Earnings miss could trigger a sell‑off in FIZZ and influence peers in the beverage sector.
What to watch
Special cash dividend reduces cash but may signal confidence in long-term cash flow.
Background
The article summarizes National Beverage Corp's latest 10‑Q filing covering Q1 FY2027.
Ticker impact
National Beverage Corp reported flat Q1 sales but lower net income and margin compression in its 10-Q filing.
potential short-term downside
Net income fell 15% YoY and gross margin dropped 3 points, indicating cost pressures.
Market effects
Soft drink sector may see broader margin concerns.
U.S. consumer discretionary stocks could face pressure.
Limited to U.S. beverage market.
Counterpoint
Dividend payout may attract income-focused investors despite earnings dip.
Key entities
- companyNational Beverage Corp
U.S. soft‑drink maker, ticker FIZZ.

