---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-028947"
form_type: "8-K"
ticker: "FIZZ"
cik: "0000069891"
company_name: "NATIONAL BEVERAGE CORP"
filed_at: "2025-09-12T23:59:59+00:00"
generated_at: "2026-05-17T06:47:51.434991+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# National Beverage Q1 net sales record $331M; EPS $0.60 vs $0.61 YoY

## Summary
- Net sales $330.5M vs $329.5M prior year; record quarter; gross profit +80bps to $125M.
- Operating income $71M; net income $55.8M ($0.60 diluted EPS) vs $56.8M ($0.61) YoY.
- Operating cash flow $59M; total cash $250M; no guidance change provided.
- LaCroix posted organic club-channel growth; four new flavors launched with strong initial sales.
- Company noted $304M dividend paid in July 2024 reduced invested cash, lowering interest income $2.1M.

## SEC filing metadata
- accession: 0001437749-25-028947
- form_type: 8-K
- ticker: FIZZ
- cik: 0000069891
- company_name: NATIONAL BEVERAGE CORP
- filed_at: 2025-09-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/69891/000143774925028947/0001437749-25-028947-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/69891/000143774925028947/fizz20250911_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-028947
- JSON: https://secwatch.observer/filing/0001437749-25-028947.json
- Plain text: https://secwatch.observer/filing/0001437749-25-028947.txt

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