FIZZ revenue fell 1.7% to $1.18B primarily on one less selling week; $3.25 special dividend declared

Filed July 1, 2026 · Period ending May 2, 2026 · Compared to 10-K Jul 2, 2025 · ~1 min read

Key Changes

• high

  Net sales declined 1.7% to $1,180.6M on 6.7% volume drop, primarily from one less selling week (52-week vs 53-week fiscal year); company cites 'unprecedented disruption, government shutdowns, funding changes, inflation and cautious consumer spending' as volume headwinds.

  MD&A: Net Sales and Volume Performance verify on EDGAR →
• high

  Board declared $3.25 per share special cash dividend on July 1, 2026, payable by July 30, 2026 to shareholders of record July 13, 2026.

  Notes: Subsequent Event Dividend Declaration verify on EDGAR →
• high

  Cash increased $155.7M to $349.5M as operating cash flow ($181.3M) exceeded capex ($25.1M) and share repurchases ($0.7M); working capital improved to $457.8M and current ratio rose to 4.4:1 from 2.9:1.

  MD&A: Cash and Liquidity Position verify on EDGAR →