National Beverage Corp (FIZZ) Earnings: Q1 Fiscal 2027 Results and Next Report Date

The quarter ended August 1, 2026 and National Beverage published the results on September 10, 2026. Revenue and diluted EPS are shown against Q1 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• National Beverage's fiscal year ends on the Saturday closest to April 30. Fiscal 2027 began May 3, 2026; fiscal 2026 (ended May 2, 2026) had 52 weeks and fiscal 2025 had 53.
• National Beverage paid a special dividend of $3.25 per share, $304 million in total, on July 30, 2026. Quarter-end cash was $107 million, against $350 million at the fiscal year end.

Source: National Beverage Q1 fiscal 2027 results, September 10, 2026. Also in the Form 10-Q for the quarter ended August 1, 2026. Figures as reported; checked against the release on November 10, 2026.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net sales and GAAP diluted EPS, each as first reported in that quarter's release. National Beverage's year-end release gives only full-year figures, so Q4 fiscal 2026 net sales are fiscal 2026 net sales ($1,180.6 million) minus the three quarters reported before it, and its EPS is left blank.

National Beverage's next report is expected around December 10, 2026, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q1 fiscal 2027 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q1 fiscal 2027 (this page), reported Sep 10, 2026

National Beverage's net sales were $330.7 million in Q1 fiscal 2027, against $330.5 million a year earlier. Average selling price per case rose 7.1% and case volume fell 6.4%, and the 10-Q says both the Power+ Brands and the carbonated soft drink brands saw those price and volume changes. (National Beverage Form 10-Q, Q1 fiscal 2027, Sep 10, 2026)

National Beverage reports one segment and does not break out sales by brand. Its Power+ Brands are LaCroix sparkling water, Clear Fruit, Rip It energy drinks and shots, and Everfresh, Everfresh Premier Varietals and Mr. Pure juices; it also sells the Shasta and Faygo carbonated soft drinks. Its primary market is the United States. (National Beverage Form 10-Q, Q1 fiscal 2027, Sep 10, 2026; National Beverage Form 10-K, fiscal 2026, Jul 1, 2026)

The company's spokesperson said first-quarter net sales were hurt by consumer sentiment and tariffs, as price increases were largely offset by volume declines, and that orders rebounded during August. For fiscal 2026 as a whole, net sales were $1,180.6 million against $1,201.4 million, with one less selling week, a 5.2% rise in average selling price per case and a 6.7% decline in case volume. (National Beverage Q1 fiscal 2027 release, Sep 10, 2026; National Beverage Form 10-K, fiscal 2026, Jul 1, 2026)

Packaging is a large cost exposure. More than 80% of National Beverage's products are sold in aluminum cans, and in the quarter aluminum costs cut gross margin by about 600 basis points. Cost of sales per case rose 12.4% and gross margin fell to 35.0% from 38.0%. Sales are seasonal, with higher volume in the summer months. (National Beverage Form 10-K, fiscal 2026, Jul 1, 2026; National Beverage Form 10-Q, Q1 fiscal 2027, Sep 10, 2026)

National Beverage reports GAAP EPS only. Diluted EPS was $.50, down from $.60, on net income of $47.0 million against $55.8 million. Operating income fell to $58.5 million from $70.8 million because of the lower gross profit and a $2.6 million rise in selling, general and administrative expenses to $57.3 million, which the 10-Q attributes to higher shipping costs from fuel and higher marketing costs. (National Beverage Form 10-Q, Q1 fiscal 2027, Sep 10, 2026)

The share count barely moves: diluted weighted average shares were 93,660 thousand, against 93,699 thousand a year earlier. National Beverage returns cash through special dividends instead of buybacks. The $3.25 per share paid on July 30, 2026 was its thirteenth special cash dividend, and together they have distributed $19.78 per share, over $1.8 billion. The effective tax rate was 23.8%, against 23.6%. (National Beverage Q1 fiscal 2027 release, Sep 10, 2026; National Beverage Form 10-Q, Q1 fiscal 2027, Sep 10, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

National Beverage does not publish a revenue or earnings outlook in its release and gives no numeric guidance. Its spokesperson said market conditions remain soft, that the company is encouraged by the rebound in orders during August, and that it believes recently instituted pricing actions will improve performance. The company also said it has elected to absorb a portion of the tariff-related cost increases. (National Beverage Q1 fiscal 2027 release, Sep 10, 2026)

A consensus figure is the average of the models published by the analysts who cover National Beverage, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones National Beverage's own release and filings put weight on for Q1 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning FIZZ is on is FIZZ a buy or a sell?, what analysts expect next is on the FIZZ forecast, and what the company does is on the National Beverage Corp (FIZZ) stock page.

Every number on this page can be traced to a document National Beverage published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.