10-K · July 1, 2026
National Beverage Corp. reported net sales of $1,180.6 million for Fiscal 2026, a slight decrease from $1,201.4 million in Fiscal 2025, primarily due to one less selling week. The company maintained a gross margin of…
Earnings analysis · 10-Q
FIZZ earnings analysis
Filed September 10, 2026 · Our reading of the company's report
The latest report
The available 10-Q excerpt does not include the income statement, balance sheet, cash-flow statement, segment disclosures, or MD&A financial discussion, so revenue, margins, EPS, liquidity, debt, working capital, and…
Read full summary
The available 10-Q excerpt does not include the income statement, balance sheet, cash-flow statement, segment disclosures, or MD&A financial discussion, so revenue, margins, EPS, liquidity, debt, working capital, and free cash flow cannot be assessed. Controls were deemed effective, and the company reported no material changes in internal controls or risk factors. No quantitative guidance was provided; the filing contains only general forward-looking-risk language.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Disclosure controls deemed effective
Management concluded that disclosure controls and procedures were effective as of the end of the period covered by the report, with no identified deficiency quantified in the filing.
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No material control changes
The company reported no changes in internal control over financial reporting during the most recent fiscal quarter that materially affected, or were reasonably likely to materially affect, those controls.
What to watch
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No updated risk-factor disclosure
The filing states that there were no material changes in risk factors from the Annual Report on Form 10-K for the fiscal year ended May 2, 2026; therefore, the filing does not identify a new or increased risk-factor exposure.
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Broad operating and supply risks
The filing continues to identify potential exposure to raw-material and packaging-supply costs, tariffs, supply-chain interruptions, labor disruptions, consumer demand changes, cyberattacks, international conflicts, and unfavorable weather, but provides no quantified impact for the three fiscal months ended August 1, 2026.
Management's outlook
No quantitative outlook or guidance was provided in the available filing text. The filing contains only general forward-looking-statement language, including references to results the company “expects” or “anticipates.”
Earlier filings 4
10-Q · March 12, 2026
National Beverage Corp. reported a slight decline in revenues for the third quarter of fiscal 2026, with net sales of $264.6 million, down 0.9% from $267.1 million year-over-year. However, gross profit increased to…
10-Q · December 11, 2025
National Beverage Corp. reported a slight decline in revenue in its Q2 FY 2026 results, with net sales at $288.3 million, down 1.0% from $291.2 million in the prior year. Gross profit margins improved slightly,…
10-Q · September 11, 2025
National Beverage Corp.'s Q1 2026 report revealed a slight revenue increase but a decline in case volume, impacting overall growth. Gross profit and margins improved, yet SG&A expenses rose due to increased marketing…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.