Equity Profile

FIZZ

National Beverage Corp.

Consumer StaplesSoft Drinks & Non-alcoholic Beverages$3.4B

Jul1Wed

Pre-Earnings Brief

UpcomingQ4-2026After Close5:00 PM EDT

Company Snapshot

National Beverage Corp. (FIZZ) is a company in the consumer staples sector, specializing in soft drinks and non-alcoholic beverages....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and will help gauge its financial health this quarter.

N/A

Revenue Growth

Revenue growth will provide insight into the company's market demand and overall performance in the beverage sector.

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 company in the consumer staples sector, specializing in soft drinks and non-alcoholic beverages. With a market cap of $3 billion, it plays a significant role in the beverage industry, which is influenced by consumer spending trends and health-conscious choices.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

+0.00%

Avg Stock Reaction

-0.36%

Last Quarter Recap

In Q3-2026, National Beverage reported an EPS of $0.44, but specific revenue figures were not disclosed. The stock reacted negatively, dropping 0.58% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for National Beverage's upcoming earnings are uncertain, given the lack of analyst estimates and management guidance. Investors will be closely watching for any signs of growth or challenges in the beverage market.

Bull Case

If the company reports strong EPS and revenue growth, it could indicate a rebound in consumer demand, leading to a positive stock reaction.

Bear Case

Conversely, if the earnings report reveals declining sales or profitability, it could raise concerns about the company's competitive position and lead to a significant drop in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter?

The EPS figure will be crucial in determining the company's profitability and could significantly impact investor sentiment.

How is revenue trending compared to last quarter?

Revenue trends will indicate whether the company is gaining or losing market traction, which is vital for future growth prospects.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for a rebound in consumer demand for non-alcoholic beverages, especially given recent trends in health and wellness.

Supporting Evidence

The options market is pricing a 14.73% move, indicating expectations of significant volatility that may not align with historical performance.

Recent earnings from peers in the beverage sector have shown resilience, suggesting that National Beverage could also benefit from similar trends.

Key Risk

If the company reports an EPS above $0.50, it could challenge the current cautious sentiment and shift expectations positively.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether National Beverage can maintain its profitability amid competitive pressures and changing consumer preferences.

Bull Confirmed If

An EPS of $0.50 or higher would confirm strong profitability and support a bullish outlook.

Bear Confirmed If

An EPS below $0.40 would raise concerns about the company's financial health and likely lead to a bearish sentiment.

Pre-Earnings Positioning

Options Market

Implied Move

±14.73%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant move of nearly 15%, suggesting that investors expect volatility around the earnings announcement.

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 a potential stock increase of around 1.75%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations but management expresses caution, the stock may see little movement as investors reassess their outlook.

Miss

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

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any commentary on changes in consumer preferences for non-alcoholic beverages.
2Updates on market share relative to competitors in the beverage space.
3Insights into cost management strategies and their impact on profitability.
4Discussion of any new product launches or marketing initiatives.
5Management's outlook on future revenue growth and market conditions.

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Company Snapshot

National Beverage Corp. (FIZZ) is a company in the consumer staples sector, specializing in soft drinks and non-alcoholic beverages....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and will help gauge its financial health this quarter.

N/A

Revenue Growth

Revenue growth will provide insight into the company's market demand and overall performance in the beverage sector.

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 Q3-2026, National Beverage reported an EPS of $0.44, but specific revenue figures were not disclosed. The stock reacted negatively, dropping 0.58% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If the company reports strong EPS and revenue growth, it could indicate a rebound in consumer demand, leading to a positive stock reaction.

Bear Case

Conversely, if the earnings report reveals declining sales or profitability, it could raise concerns about the company's competitive position and lead to a significant drop in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter?

The EPS figure will be crucial in determining the company's profitability and could significantly impact investor sentiment.

How is revenue trending compared to last quarter?

Revenue trends will indicate whether the company is gaining or losing market traction, which is vital for future growth prospects.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for a rebound in consumer demand for non-alcoholic beverages, especially given recent trends in health and wellness.

Supporting Evidence

The options market is pricing a 14.73% move, indicating expectations of significant volatility that may not align with historical performance.

Recent earnings from peers in the beverage sector have shown resilience, suggesting that National Beverage could also benefit from similar trends.

Key Risk

If the company reports an EPS above $0.50, it could challenge the current cautious sentiment and shift expectations positively.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether National Beverage can maintain its profitability amid competitive pressures and changing consumer preferences.

Bull Confirmed If

An EPS of $0.50 or higher would confirm strong profitability and support a bullish outlook.

Bear Confirmed If

An EPS below $0.40 would raise concerns about the company's financial health and likely lead to a bearish sentiment.

Pre-Earnings Positioning

Options Market

Implied Move

±14.73%

Historical Avg

±1.5%

Pricing rich

The options market is pricing in a significant move of nearly 15%, suggesting that investors expect volatility around the earnings announcement.

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 a potential stock increase of around 1.75%, confirming a positive outlook for the company.

In-Line / Cautious

If results are in line with expectations but management expresses caution, the stock may see little movement as investors reassess their outlook.

Miss

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

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any commentary on changes in consumer preferences for non-alcoholic beverages.
2Updates on market share relative to competitors in the beverage space.
3Insights into cost management strategies and their impact on profitability.
4Discussion of any new product launches or marketing initiatives.
5Management's outlook on future revenue growth and market conditions.