---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-018910"
form_type: "8-K"
ticker: "FIZZ"
cik: "0000069891"
company_name: "NATIONAL BEVERAGE CORP"
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:09:43.773488+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# National Beverage reports record Q4 sales $287M, EPS $0.39 up from $0.33

## Summary
- Q4 net sales record $287M; gross margin 36% (+130 bps); net income $36M (+6%); EPS $0.39.
- FY net sales record $1.2B (+$35M); net income $142M; EPS $1.52; operating cash flow $162M.
- Margin per case up 10% YoY despite cost increases; company reaffirms return-to-pre-pandemic margin goal.
- LaCroix club-store variety packs and Shasta Zero Sugar launches; summer marketing campaigns; no forward guidance provided.

## SEC filing metadata
- accession: 0001437749-23-018910
- form_type: 8-K
- ticker: FIZZ
- cik: 0000069891
- company_name: NATIONAL BEVERAGE CORP
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/69891/000143774923018910/0001437749-23-018910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/69891/000143774923018910/fizz20230628_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-018910
- JSON: https://secwatch.observer/filing/0001437749-23-018910.json
- Plain text: https://secwatch.observer/filing/0001437749-23-018910.txt

## Key facts
- Earnings Releases
  NATIONAL BEVERAGE CORP reported fiscal year ended April 29, 2023 results: revenue $1.2 billion, net income $142 million, EPS $1.52.
  - Period: fiscal year ended April 29, 2023
  - Revenue: $1.2 billion
  - Net income: $142 million
  - EPS: $1.52
  - Result: reported results
  source text: Fiscal Year: ● Net sales increased $35 million to a record $1.2 billion; ● Net income was $142 million; ● Earnings per share was $1.52; and ● Net cash generated by operations was $162 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/69891/000143774923018910/0001437749-23-018910-index.htm
- Earnings Releases
  NATIONAL BEVERAGE CORP reported fourth quarter ended April 29, 2023 results: revenue $287 million, net income $36 million, EPS $.39.
  - Period: fourth quarter ended April 29, 2023
  - Revenue: $287 million
  - Net income: $36 million
  - EPS: $.39
  - Result: reported results
  source text: Fourth Quarter: ● Net sales increased to a record $287 million; ● Gross margins grew 130 bps to 36% of sales; ● Net income increased 6% to $36 million; and ● Earnings per share increased to $.39.
  evidence_url: https://www.sec.gov/Archives/edgar/data/69891/000143774923018910/0001437749-23-018910-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.