National Beverage Corp. filed a Form 10-Q with the SEC on September 10, 2026, covering the three fiscal months ended August 1, 2026, and reporting net income of $47.004 million on net sales of $330.662 million.

Key Highlights

  • Net sales: $330.662 million for the three fiscal months ended August 1, 2026, compared to $330.515 million in the same period of the prior year.
  • Net income: $47.004 million, down from $55.760 million in the prior-year quarter.
  • Basic and diluted earnings per share: $0.50, compared to $0.60 in the prior-year quarter.
  • Common stock cash dividend: $304.249 million paid during the quarter, reducing retained earnings accordingly.
  • Cash and cash equivalents: $107.098 million at August 1, 2026, down from $349.543 million at May 2, 2026.
  • Gross profit: $115.790 million, compared to $125.463 million in the prior-year quarter.
  • Shares outstanding: 93,615,302 common shares as of September 8, 2026.

National Beverage Fiscal First Quarter 2027: Sales Steady, Dividend Drives Cash Decline

According to the filing, National Beverage Corp. (NASDAQ:FIZZ) reported net sales of $330.662 million for the three fiscal months ended August 1, 2026, essentially flat versus $330.515 million in the comparable prior-year period. Cost of sales rose to $214.872 million from $205.052 million, which the financial statements show resulted in gross profit declining to $115.790 million from $125.463 million. Selling, general and administrative expenses also increased, to $57.310 million from $54.687 million, contributing to operating income of $58.480 million compared to $70.776 million a year earlier.

The company disclosed net income of $47.004 million, or $0.50 per basic and diluted share, for the quarter, versus $55.760 million, or $0.60 per share, in the prior-year quarter. Other income, net, was $3.184 million, up from $2.237 million. The provision for income taxes was $14.660 million. Comprehensive income came to $36.126 million after a cash flow hedge loss of $10.878 million, net of tax, reduced other comprehensive income from $13.654 million to $2.776 million over the quarter.

The most significant balance sheet change disclosed in the filing was a $304.249 million common stock cash dividend paid during the quarter, which is reflected in both the retained earnings statement and the cash flow from financing activities. As a result, cash and cash equivalents fell to $107.098 million at August 1, 2026, from $349.543 million at May 2, 2026. Total assets stood at $582.268 million, compared to $851.647 million at the prior fiscal year-end. Net cash provided by operating activities was $64.850 million, and capital expenditures were $3.071 million. The company reported 93,615,302 shares of common stock outstanding as of September 8, 2026.

What Was Disclosed

National Beverage Corp. disclosed quarterly financial results for the three fiscal months ended August 1, 2026, including flat year-over-year net sales, lower net income and gross profit, and a $304.249 million common stock dividend that substantially reduced cash balances and retained earnings.