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National Beverage NEWS NASDAQ : FIZZ For Immediate Release Contact : Office of the Chairman , Grace Keene NATIONAL BEVERAGE CORP . REPORTS FIRST QUARTER EARNINGS FORT LAUDERDALE , FL , September 10 , 2026 . . . National Beverage Corp. ( NASDAQ : FIZZ ) today announced results for its first quarter ended August 1 , 2026 . For the three months : • Net sales were $ 331 million ; • Gross margin was 35 % , reflecting the effects of elevated input costs ; • Earnings per share were $ .50 and ; • Cash was $ 107 million after the payment of a $ 304 million special dividend ( $ 3.25 per share ) on July 30 , 2026 . “ Our first quarter Net Sales were negatively impacted by consumer sentiment and tariffs , as average selling price increases were largely offset by volume declines , ” stated a company spokesperson . “ While market conditions remain soft , we are encouraged by the rebound in orders during August and are optimistic that improving volume / mix will resume growth going forward . " “ Gross profit was also affected by higher packaging and ingredient costs , driven significantly by elevated aluminum commodity costs and tariffs . Aluminum costs alone negatively impacted gross margin by almost 600 basis points . Increases in fuel and freight further pressured both inbound and outbound shipping expenses . While we are disappointed to start the year with lower margins , the magnitude and convergence of these external pressures challenged our ability to respond as quickly as we historically have . In accordance with the request of the current administration , we have elected to absorb a portion of the tariff - related cost increases and continue to closely monitor these volatile market conditions . We believe recently instituted pricing actions , together with our disciplined operating focus , will improve performance . " -more- National Beverage 8050 SW Tenth Street Suite 4000 Fort Lauderdale , Florida 33324 Phone : 877 - NBC - FIZZ www.nationalbeverage.com