“A reconciliation of the changes in the gross amount of unrecognized tax benefits, which amounts are included in other liabilities in the accompanying consolidated balance sheets, is as follows: (In thousands) 2025 2024 2023 Beginning balance $ 2,130 $ 2,096 $…”10-K · Jul 2, 2025 ↗
National Beverage Corp.
FIZZ
Market read
National Beverage Corp.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
- FIZZ's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if FIZZ's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- FIZZ's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
No qualifying supportive evidence was identified.
- Latest annual revenue changed -1.7% year over year.
- P/E is 63% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 46% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
30.95Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“These items are subject to supply chain disruptions and price volatility caused by numerous factors, including recent changes in trade policy and increased or threatened increases in tariffs on imported goods.”10-K · Jul 2, 2025 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.5× · EV/sales 2.2×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for FIZZ. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for FIZZ. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind FIZZ
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
KDPKeurig Dr Pepper Inc.competitorJul 1, 2026 ▾
“Several competitors, including those that dominate the beverage industry, such as The Coca-Cola Company, PepsiCo, Keurig Dr.”
PEPPepsiCo, Inc.competitorJul 1, 2026 ▾
“Several competitors, including those that dominate the beverage industry, such as The Coca-Cola Company, PepsiCo, Keurig Dr.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
FIZZ is currently a Leader in the organic co-movement group Non-Alcoholic Beverages. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for FIZZ; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.