Equity Profile

FIZZ

National Beverage Corp.

Consumer StaplesSoft Drinks & Non-alcoholic Beverages$2.9B

Jul1Wed

Pre-Earnings Brief

UpcomingQ4-2026After Close5:00 PM EDT

Company Snapshot

National Beverage Corp. (FIZZ) is a key player in the consumer staples sector, focusing on soft drinks and non-alcoholic beverages....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales, which is vital for sustaining long-term growth.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

FIZZ Q4-2026 Earnings Preview

Context

Company Snapshot

National Beverage Corp. (FIZZ) is a key player in the consumer staples sector, focusing on soft drinks and non-alcoholic beverages. As consumer preferences shift towards healthier options, the company’s product lineup, including sparkling waters and flavored beverages, positions it well to capture market share in this growing segment.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

+0.00%

Avg Stock Reaction

-0.36%

Last Quarter Recap

In the last quarter (Q3-2026), National Beverage Corp. reported an EPS of $0.44, showing a slight decrease from previous quarters. The stock reacted negatively, dropping 0.58% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for National Beverage Corp. ahead of the earnings report are mixed, with investors looking for signs of recovery in sales and profitability.

Bull Case

Optimistically, if the company reports strong revenue growth and improved margins, it could signal a successful adaptation to changing consumer preferences, potentially boosting the stock.

Bear Case

Conversely, if the earnings report reveals disappointing sales figures or continued margin pressure, it could lead to further declines in stock price as investors reassess the company's growth prospects.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected revenue growth rate for the quarter?

Revenue growth is critical for assessing the company's ability to compete and expand in the beverage market, especially given recent consumer trends.

How has the company adjusted its pricing strategy in response to inflation?

Understanding pricing strategies will provide insight into how the company is managing costs and maintaining margins amidst economic pressures.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for National Beverage to capture market share in the growing health-conscious beverage segment, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

Options are pricing a 14.73% move, indicating significant uncertainty that may not reflect the company's actual stability.

The company's recent product launches may resonate well with consumers seeking healthier options, contrary to broader market trends.

Key Risk

If revenue growth exceeds 5%, it could challenge the current bearish sentiment and lead to a reassessment of the company's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on how well the company has navigated market challenges and consumer preferences.

Bull Confirmed If

Revenue growth of 5% or more compared to the previous quarter would confirm the bull case.

Bear Confirmed If

A decline in revenue or flat growth would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±14.73%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant potential move of nearly 15%, indicating heightened uncertainty or anticipation around the earnings report.

Options are pricing ±14.7% while FIZZ has averaged ±1.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

22.4%

Calls (200)P/C Ratio: 1.00Puts (400)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Staples

n=30

Fade rate: 9 of 27 (33%)

This setup has occurred 30 times across Consumer Staples in the last 2 years. 18 of 27 (67%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.7%, with a raw directional average of +1.7% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If National Beverage beats expectations, history suggests the stock could rise by about 1.75% on the first day, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations but management's commentary is cautious, the stock may see a muted reaction, reflecting ongoing investor uncertainty.

Miss

A miss could lead to a decline in stock price, with historical patterns suggesting an average drop of around 1.48%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their reception in the market.
2Insights into consumer trends affecting sales, particularly in the health-focused beverage segment.
3Management's commentary on pricing strategies in response to inflationary pressures.
4Details on market share changes compared to key competitors.
5Any guidance on future expectations for revenue and profitability.

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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

National Beverage Corp. (FIZZ) is a key player in the consumer staples sector, focusing on soft drinks and non-alcoholic beverages....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a crucial indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales, which is vital for sustaining long-term growth.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

FIZZ Q4-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

+0.00%

Avg Stock Reaction

-0.36%

Last Quarter Recap

In the last quarter (Q3-2026), National Beverage Corp. reported an EPS of $0.44, showing a slight decrease from previous quarters. The stock reacted negatively, dropping 0.58% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for National Beverage Corp. ahead of the earnings report are mixed, with investors looking for signs of recovery in sales and profitability.

Bull Case

Optimistically, if the company reports strong revenue growth and improved margins, it could signal a successful adaptation to changing consumer preferences, potentially boosting the stock.

Bear Case

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected revenue growth rate for the quarter?

Revenue growth is critical for assessing the company's ability to compete and expand in the beverage market, especially given recent consumer trends.

How has the company adjusted its pricing strategy in response to inflation?

Understanding pricing strategies will provide insight into how the company is managing costs and maintaining margins amidst economic pressures.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for National Beverage to capture market share in the growing health-conscious beverage segment, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

Options are pricing a 14.73% move, indicating significant uncertainty that may not reflect the company's actual stability.

The company's recent product launches may resonate well with consumers seeking healthier options, contrary to broader market trends.

Key Risk

If revenue growth exceeds 5%, it could challenge the current bearish sentiment and lead to a reassessment of the company's growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on how well the company has navigated market challenges and consumer preferences.

Bull Confirmed If

Revenue growth of 5% or more compared to the previous quarter would confirm the bull case.

Bear Confirmed If

A decline in revenue or flat growth would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±14.73%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant potential move of nearly 15%, indicating heightened uncertainty or anticipation around the earnings report.

Options are pricing ±14.7% while FIZZ has averaged ±1.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

22.4%

Calls (200)P/C Ratio: 1.00Puts (400)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Staples

n=30

Fade rate: 9 of 27 (33%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If National Beverage beats expectations, history suggests the stock could rise by about 1.75% on the first day, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations but management's commentary is cautious, the stock may see a muted reaction, reflecting ongoing investor uncertainty.

Miss

A miss could lead to a decline in stock price, with historical patterns suggesting an average drop of around 1.48%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their reception in the market.
2Insights into consumer trends affecting sales, particularly in the health-focused beverage segment.
3Management's commentary on pricing strategies in response to inflationary pressures.
4Details on market share changes compared to key competitors.
5Any guidance on future expectations for revenue and profitability.