---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-030186"
form_type: "8-K"
ticker: "FIZZ"
cik: "0000069891"
company_name: "NATIONAL BEVERAGE CORP"
filed_at: "2026-09-11T21:00:19+00:00"
generated_at: "2026-09-11T21:02:08.479929+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FIZZ Q1 EPS $0.50 vs $0.60; margin hit by aluminum, tariffs

## Summary
- Net sales flat at $331M; net income $47.0M vs $55.8M, EPS $0.50 vs $0.60 (down ~17%).
- Gross margin 35%; aluminum costs alone cut ~600 bps, plus packaging, tariffs, freight pressure.
- Paid $3.25/share special dividend on July 30, 2026; cash $107M post-payment, 13th special dividend.
- Company cites volume declines offsetting price increases but says August orders rebounding.

## SEC filing metadata
- accession: 0001437749-26-030186
- form_type: 8-K
- ticker: FIZZ
- cik: 0000069891
- company_name: NATIONAL BEVERAGE CORP
- filed_at: 2026-09-11T21:00:19+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/69891/000143774926030186/0001437749-26-030186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/69891/000143774926030186/fizz20260910_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-030186
- JSON: https://secwatch.observer/filing/0001437749-26-030186.json
- Plain text: https://secwatch.observer/filing/0001437749-26-030186.txt

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