NATIONAL BEVERAGE CORP (FIZZ) National Beverage Corp., operating through its various subsidiaries, specializes in the creation, production, promotion, and distribution of a diverse portfolio of beverages. Its primary markets are the United States and Canada, where it offers sparkling waters, fruit juices, energy drinks, and carbonated soft drinks. The company particularly targets consumers who prioritize an active and health-conscious lifestyle, providing them with options like LaCroix, LaCroix Cúrate, LaCroix NiCola, Clear Fruit, Rip It, Everfresh, Everfresh Premier Varietals, and Mr. Pure. Additionally, its selection includes carbonated soft drinks sold under the well-known Shasta and Faygo brand names. The firm distributes its products to major retailers and a multitude of smaller, local businesses, utilizing take-home, convenience, and food-service channels. National Beverage Corp. was established in 1985 and is based in Fort Lauderdale, Florida.
Sector: Bottled & Canned Soft Drinks & Carbonated Waters
Industry: Beverages - Non-Alcoholic
National Beverage Corp. NASDAQ:FIZZ Consumer Defensive · Beverages - Non-Alcoholic
Mkt Cap $3.35B
Div Yield 9.07%
AH Close $35.82 +0.00% vs close
AH Close $35.82 +0.00% vs close
Mkt Cap $3.35B
Div Yield 9.07%
All Press Release SEC Filings News
SEC Filing
FIZZ: 8-K · proxy statement
National Beverage Corp. held its Annual Meeting of Shareholders on October 2, 2026, per an 8-K filed October 5, 2026. Nick A. Caporella was re-elected as Class III Director with 78,408,439 shares for and 8,071,691 withheld.
Shareholders also approved executive compensation in a non-binding advisory vote, with 74,150,169 shares for, 12,261,186 against, and 68,775 abstaining. Roughly 14% of votes cast on say-on-pay were against, a mildly notable but not unusual level of dissent.
The filing is procedural with no strategic or financial impact on the company.
SEC 8-K • 21d ago News
National Beverage: Hard To Downgrade When Revenues Could Show Growth Again
seekingalpha.com • 1mo ago News
Why National Beverage Stock Dropped, Then Popped
fool.com • 1mo ago News
National Beverage Posts Downbeat Q1 Results, Joins Zumiez, Adobe And Other Big Stocks Moving Lower In Friday's Pre-Market Session
benzinga.com • 1mo ago SEC Filing ⚠ 7
FIZZ: 10-Q · periodic report
National Beverage Corp.'s first quarter of fiscal 2027 (ended August 1, 2026) posted net sales of $330.7 million, essentially flat versus $330.5 million a year earlier, but net income fell 15.7% to $47.0 million and diluted EPS declined to $0.50 from $0.60.
The profit decline came from margin compression: gross margin narrowed to 35.0% from 38.0% as case volume dropped 6.4% (only partly offset by a 7.1% higher average selling price per case), cost of sales per case rose 12.4%, and aluminum costs alone cut gross margin by roughly 600 basis points.
On capital allocation, the company paid a $304.2 million special cash dividend of $3.25 per share on July 30, 2026, reducing cash to $107.1 million from $349.5 million at quarter start; the balance sheet remains debt-free with $150 million of undrawn credit facilities and $64.9 million of quarterly operating cash flow.
SEC 10-Q • 1mo ago AI analysis › Press Release ⚠ 5
National Beverage Corp. Reports First Quarter Earnings
National Beverage posted first-quarter net sales of $331 million, essentially flat year over year, with EPS of $0.50 down from $0.60 and net income falling about 16% to $47 million.
Gross margin came in at 35% after absorbing roughly 600 basis points of aluminum cost inflation, with tariffs and freight costs adding further pressure; management said it elected to absorb a portion of tariff-related cost increases rather than pass them through.
Cash stands at $107 million following the $304 million ($3.25 per share) special dividend paid July 30 — the thirteenth special payout totaling $19.78 per share, or over $1.8 billion, cumulatively.
Management cited soft consumer sentiment and volume declines offsetting price increases, but pointed to a rebound in August orders, new pricing actions, and the LaCroix PineApple CocoNut flavor launch as forward catalysts.
• 1mo ago AI analysis › SEC Filing ⚠ 7
FIZZ: DEF 14A · proxy statement
National Beverage Corp. filed its definitive proxy for the October 2, 2026 annual meeting, where shareholders will elect one Class III director and vote on a non-binding advisory say-on-pay proposal. The sole director nominee is founder, Chairman and CEO Nick A. Caporella, age 90, for a term expiring in 2029.
Caporella beneficially owns 73.2% of the 93,615,302 shares outstanding, mostly through IBS Partners Ltd., making the company a NASDAQ "controlled company" exempt from certain board-independence requirements. The proxy states his election is effectively assured by his ownership stake.
Compensation disclosure shows the FY2026 management fee to Caporella-owned CMA of $11,805,522 is reported as his total compensation, producing a CEO pay ratio of 175:1 against median employee pay of $67,606; the 2023 say-on-pay vote drew 80% support.
Pay-versus-performance data shows FY2026 net income of $183.6 million on net sales of $1.18 billion, but the stock ended the fiscal year at $34.11 versus $43.09 a year earlier, and company TSR of $80.0 trailed the soft-drink peer group TSR of $145.1.
SEC DEF 14A • 1mo ago News
National Beverage Corp (FIZZ) Stock Up 3.9% and Still Undervalued -- GF Score: 77/100
gurufocus.com • 3mo ago News
National Beverage: Don't Get Caught In Dividend Hubris
seekingalpha.com • 3mo ago News
National Beverage Stock Jumps After LaCroix Owner Declares Special Dividend
barrons.com • 3mo ago SEC Filing ⚠ 3
FIZZ: 10-K · periodic report
National Beverage Corp. reported fiscal 2026 net sales of $1.18 billion, a slight decrease from the prior year, with net income of $183.6 million. The company maintained a strong balance sheet with $349.5 million in cash and equivalents and no borrowings under its credit facility.
On July 1, 2026, the Board of Directors declared a special cash dividend of $3.25 per share, payable to shareholders of record on July 13, 2026. The company also repurchased 20,000 shares of common stock during the fiscal year at an average price of $33.65, with approximately 1.9 million shares remaining authorized for repurchase.
Operations included capital expenditures of $25.1 million focused on capacity expansion and sustainability. The company noted risks related to cybersecurity, supply chain costs, and potential regulatory changes regarding synthetic dyes and sweetened beverages.
SEC 10-K • 3mo ago AI analysis › Press Release ● Major ⚠ 2
National Beverage Corp. Celebrates America With Special Cash Dividend and Reports FY 2026 Results
National Beverage reported FY2026 net sales of $1.18 billion and EPS of $1.96, while declaring a special cash dividend of $3.25 per share payable in late July.
The company highlighted a fortress balance sheet with cash growing $156 million to $350 million, enabling the dividend despite slight YoY declines in sales and net income.
Management noted improving market dynamics with lower commodity costs and strong velocity gains for flavors like PineApple CocoNut and Strawberry Peach.
• 3mo ago AI analysis › 2 fund position changes (13F filings)Recent SEC filings with analysis