8-K
National Beverage Corp (FIZZ)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): September 11, 2025
| National Beverage Corp. | |
|---|---|
| (Exact Name of Registrant as Specified in Its Charter) | |
| Delaware | |
| --- | |
| (State or Other Jurisdiction of Incorporation) | |
| 1-14170 | 59-2605822 |
| --- | --- |
| (Commission File Number) | (IRS Employer Identification No.) |
| 8050 SW Tenth Street, Suite 4000<br><br> <br>Fort Lauderdale, Florida | 33324 |
| --- | --- |
| (Address of Principal Executive Offices) | (Zip Code) |
| (954) 581-0922 | |
| --- | |
| (Registrant’s Telephone Number, Including Area Code) |
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each Class | Trading Symbol | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $.01 per share | FIZZ | The NASDAQ Global Select Market |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition
On September 11, 2025, National Beverage Corp. (the “Company”) issued a press release announcing financial results for the period ended August 2, 2025. The information in Item 2.02 of this report, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01 Financial Statements and Exhibits
| (d) Exhibit 99.1 | Press release dated September 11, 2025 announcing the Company’s financial results for the period ended August 2, 2025. |
|---|---|
| Exhibit 104 | Cover Page Interactive Data File (formatted as Inline XBRL) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
National Beverage Corp.
(Registrant)
| By: | /s/ George R. Bracken |
|---|---|
| George R. Bracken | |
| --- | |
| Executive Vice President – Finance | |
| --- | |
| (Principal Financial Officer) | |
| --- |
Date: September 12, 2025
EXHIBIT INDEX
| 99.1 | Press release dated September 11, 2025 announcing the Company’s financial results for the period ended August 2, 2025. |
|---|---|
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL) |
| --- | --- |
ex_860978.htm
Exhibit 99.1
<br><br> <br>NASDAQ: FIZZ<br><br> <br>For Immediate Release<br><br> <br>Contact: Office of the Chairman, Grace Keene |
|---|
NATIONAL BEVERAGE CORP.
REPORTS FIRST QUARTER RESULTS
FORT LAUDERDALE, FL, September 11, 2025 . . . National Beverage Corp. (NASDAQ: FIZZ) today announced results for its first quarter ended August 2, 2025.
| ● | Net sales grew to a record $331 million; |
|---|---|
| ● | Gross profit increased 80 basis points to $125 million; |
| --- | --- |
| ● | Operating income increased to $71 million; |
| --- | --- |
| ● | Earnings per share was $.60 and; |
| --- | --- |
| ● | Operating cash flow of $59 million increased total cash to $250 million. |
| --- | --- |
“Our solid operating performance amid the challenging global environment, marked by uncertainty in consumer spending and geopolitical events, reflects the strength of our brands and the success of Team National’s management strategy. We continue to generate exceptional operating cash flows while maintaining one of the strongest balance sheets among our beverage peers,” as stated by a company spokesperson. “Net sales increased as a result of price/mix improvements, partially offset by a slight decline in case volume. Interest income decreased $2.1 million compared to the prior first quarter due to lower invested cash balances following the July 2024 dividend payment of $304 million.” ****
“We are pleased that LaCroix, our most significant brand, posted organic sales growth in the club channel with a vibrant Deliciously Magical variety pack featuring Strawberry Peach and fan favorites Blackberry Cucumber and Cherry Lime. Building on our track record of success, the four recently released LaCroix flavors have posted impressive initial sales, and we anticipate greater increases in the near term.”
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National Beverage Corp.
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“Innovation has always set us apart. True to our brand trust of remaining Innocent, we do not try to reinvent ourselves when new trends unfold. Many in the industry look to us for leadership, and we are proud that our new product launches over the past several months – and indeed, the past several years – continue to shape and elevate the marketplace. We will remain focused on developing exciting new flavors and products that delight our consumers, while safeguarding the investments of our shareholders.”
“We have always prided ourselves on giving back to our shareholders, and that commitment will never change. We have also returned more than $1.5 billion in dividends to our loyal shareholders over the past two decades, while growing our total revenue by 135%. Like many companies, our first quarter of 2026 parallels the uncertainties of today’s global economy, but we remain confident that our proven track record of innovation, coupled with disciplined management, will enable us to successfully navigate current world challenges and continue delivering strong results and long-term value.”
“We will soon commemorate our 40 ^th^ year as . . . National Beverage Corp.! Our tenacity, unique vision and focus on innovation – in all aspects of what we do – allowed us to achieve this milestone while delivering superior financial returns. Shareholders will soon receive a taste of Sunshine delivered to their homes . . . our thanks for their loyalty and sharing our vision throughout these years,” the spokesperson concluded.

“Patriotism” **** – If Only We Could Bottle It!
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National Beverage Corp.
Page 3
| National Beverage Corp. | ||||
|---|---|---|---|---|
| Consolidated Results for the Periods Ended | ||||
| August 2, 2025 and July 27, 2024 | ||||
| (in thousands, except per share amounts) | ||||
| --- | --- | --- | --- | --- |
| Three Fiscal Months Ended | ||||
| August 2, 2025 | July 27, 2024 | |||
| Net Sales | $ | 330,515 | $ | 329,473 |
| Net Income | $ | 55,760 | $ | 56,780 |
| Earnings Per Common Share | **** | **** | **** | **** |
| Basic | $ | .60 | $ | .61 |
| Diluted | $ | .60 | $ | .61 |
| Average Common Shares Outstanding | **** | **** | **** | **** |
| Basic | **** | 93,620 | **** | 93,569 |
| Diluted | **** | 93,699 | **** | 93,667 |
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks, uncertainties and other factors described in the Company's Securities and Exchange Commission filings which may cause actual results or achievements to differ from the results or achievements expressed or implied by such statements. The Company disclaims an obligation to update or announce revisions to any forward-looking statements.

<br><br> <br>NASDAQ: FIZZ<br><br> <br>For Immediate Release<br><br> <br>Contact: Office of the Chairman, Grace Keene