On this page of Benford's Law Stocks.com we present our study of NATIONAL BEVERAGE CORP — ticker symbol FIZZ. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 7/1/2020 to 3/6/2025 for NATIONAL BEVERAGE CORP under CIK number 0000069891. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for FIZZ, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NATIONAL BEVERAGE CORP based on the past FIZZ filings our system processed in the past.
40.2
8.8
11.6
13.4
9.8
3.4
3.4
4.6
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, FIZZ stockholder letter ]
Total numbers found: 388
Recent share count: 93,614,646 (9's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
388
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
59

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 1's percentage was above the company's typical historical range.
 • We deducted points upon observing the 2's percentage was below the typical coverage universe range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 7's percentage was below the typical coverage universe range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 9, we canceled the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
FIZZ
Low score compared to other filers, falling in the bottom quartile.
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Check our work! We provide our NATIONAL BEVERAGE CORP Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the FIZZ filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 156 numbers that start with the digit 1. Here they are:
1
1
1,000,000
1,000,000
150,000
150,000
101,994,358
101,942,658
150,000
150,000
1
149,222
102,837
165,585
159,730
13,145
13,145
1,615
1,615
13,076
13,079
119,614
137,927
193,784
150
150
1,020
1,019
19,133
19,133
168,100
173,034
152,774
153,785
177,959
165,585
1,398
1,967
185,433
172,330
12,332
10,556
142,060
133,011
1.52
1.42
1.52
1.42
142,060
133,011
1,832
143,892
136,387
150
150
150
150
150
150
150
150
101,985
1,020
101,766
1,018
101,942
1,019
101,727
1,017
142
1
1
181
101,994
1,020
101,908
1,019
101,994
1,020
101,908
1,019
154
164
142,060
133,011
1,832
191
191
150
150
150
150
19,133
19,133
19,133
19,133
142,060
133,011
15,317
15,089
10,786
10,482
11,934
11,786
15,646
11,796
1,115
10,560
11,276
146,621
137,465
19,464
19,419
177,825
118,887
158,074
149,222
146
11,125
1.3
101.7
104.9
17.5
17.7
10.1
11.0
186,000
165,585
159,730
15.0
14.0
12.5
11.8
12.3
11.4
15,120
13,613
13,238
13,076
100
1.15
1.15
1,704
1,465
1,157
1,176
1,302
1,115
1,395
1,065
1,617
1,938
1,832
1.4
1
1.6
We found 34 numbers that start with the digit 2. Here they are:
200,000,000
200,000,000
2.7
27,413
22,385
23,826
23,247
210,641
267,050
270,065
237
2,732
2
2,541
237
2,732
20
2,457
20,815
2
20,813
276,961
27,905
240.7
229,000
250,425
235,938
2.2
2,126
2,536
2,237
237
2,732
2.7
We found 45 numbers that start with the digit 3. Here they are:
327,047
352,570
372,989
330,733
319,370
39,319
39,643
39,592
39,643
39,592
3,376
39,880
333,346
358,345
39,643
39,592
304,148
372,989
372,989
3,185
3,376
3
3,187
304,148
303,633
327,047
38.9
34.3
33.2
35.1
332,440
314,079
395,668
32.5
3.9
3.5
3,720
350
3,770
3,740
330
3,376
3.0
3.25
304.1
4's 5's 6's
We found 52 numbers that start with the digit 4. Here they are:
42
42
42
42
43,260
46,565
42,256
41,688
43,567
42,588
4,911
400,236
48,373
48,850
48,181
43,373
42,324
43,355
41,012
42,588
40,393
465
43,567
41,738
43,567
41,738
451,764
491,356
491,356
4,911
400,236
400,236
4,024
465
429
4,908
45
46,501
43,549
46.1
416,010
42.0
4.9
4.8
4.2
4.1
4.50
4.30
42,256
4,927
4,916
402
We found 38 numbers that start with the digit 5. Here they are:
536,872
53,838
53,498
5,293
594,020
535,077
5,100
5,100
559,512
594,020
556,992
575,009
50,577
51,975
50,148
52
58
562
514
504
535,077
5,100
5,100
5,100
5,100
510,221
510,221
504
5,501
515
50.3
55.5
58.3
55,332
50
509
598
5.7
We found 13 numbers that start with the digit 6. Here they are:
62,637
641
6,743
6,745
6,506
6,743
6,743
632
65
62,100
6,768
6.7
6.8
7's 8's 9's
We found 13 numbers that start with the digit 7. Here they are:
7,267
770,153
78,283
7,779
770,153
7,474
77.2
74,000
73,735
71,754
7,640
7,116
73.0
We found 18 numbers that start with the digit 8. Here they are:
8,374,112
8,374,112
85,032
84,603
8,088
887,725
894,379
841
8,374
8,374
8,374
8,374
841
841
82,000
8,769
8.2
8.9
We found 19 numbers that start with the digit 9. Here they are:
93,620,246
90,903
98,950
97,031
93,617
93,454
93,603
93,389
93,691
93,640
93,685
93,618
9
9
9,835
9,835
97.8
9,353
9.0
While the above FIZZ 10Q Filed 3/6/2025 is interesting in isolation, we have found that it is also useful to take a look at older NATIONAL BEVERAGE CORP filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 3/6/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical FIZZ 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

40.2
8.8
11.6
13.4
9.8
3.4
3.4
4.6
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 388

= Typical FIZZ range from 7/1/2020 to 3/6/2025
34.6
16.9
11.9
7.1
9.6
4.0
5.2
5.8
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 674

= Typical FIZZ range from 7/1/2020 to 3/6/2025
30.0
13.4
16.6
13.8
8.7
3.6
2.8
4.3
6.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 253

= Typical FIZZ range from 7/1/2020 to 3/6/2025
30.9
16.3
12.7
8.4
7.6
3.5
5.4
4.9
10.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 369

= Typical FIZZ range from 7/1/2020 to 3/6/2025
37.7
11.0
16.2
8.5
8.2
1.5
3.6
7.4
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 42
XBRL?   [ original filing ]
Total numbers found: 390

= Typical FIZZ range from 7/1/2020 to 3/6/2025
35.3
14.1
14.8
9.2
8.1
5.4
5.2
3.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 553

= Typical FIZZ range from 7/1/2020 to 3/6/2025
32.6
6.4
16.1
16.1
13.5
4.1
6.4
1.5
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 44
XBRL?   [ original filing ]
Total numbers found: 267

= Typical FIZZ range from 7/1/2020 to 3/6/2025
33.4
9.9
11.7
13.8
8.6
4.7
6.0
5.7
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 58
XBRL?   [ original filing ]
Total numbers found: 383

= Typical FIZZ range from 7/1/2020 to 3/6/2025
39.0
9.9
13.4
11.8
8.6
3.0
3.5
4.0
6.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 372

= Typical FIZZ range from 7/1/2020 to 3/6/2025
35.5
17.9
14.2
8.4
7.8
4.3
4.1
3.7
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 513

= Typical FIZZ range from 7/1/2020 to 3/6/2025
32.8
13.0
15.6
9.5
11.5
4.6
3.1
3.1
6.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL?   [ original filing ]
Total numbers found: 262

= Typical FIZZ range from 7/1/2020 to 3/6/2025
34.0
9.4
15.5
9.7
8.3
4.4
3.9
4.1
10.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL?   [ original filing ]
Total numbers found: 362

= Typical FIZZ range from 7/1/2020 to 3/6/2025
35.9
11.8
13.6
12.1
5.8
2.8
5.3
4.8
8.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL?   [ original filing ]
Total numbers found: 398

= Typical FIZZ range from 7/1/2020 to 3/6/2025
31.3
14.1
12.8
11.2
12.5
6.0
4.6
3.6
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 562

= Typical FIZZ range from 7/1/2020 to 3/6/2025
29.7
12.5
13.2
12.5
14.3
4.4
5.5
2.9
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 45
XBRL?   [ original filing ]
Total numbers found: 273

= Typical FIZZ range from 7/1/2020 to 3/6/2025
31.3
13.1
12.3
13.6
6.8
3.8
5.7
5.2
8.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 367

= Typical FIZZ range from 7/1/2020 to 3/6/2025
37.4
12.6
15.2
8.0
9.1
2.9
2.4
4.0
8.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL?   [ original filing ]
Total numbers found: 374

= Typical FIZZ range from 7/1/2020 to 3/6/2025
35.0
16.2
15.8
8.1
7.9
4.4
4.2
4.2
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 520

= Typical FIZZ range from 7/1/2020 to 3/6/2025
37.4
9.2
15.3
9.2
14.5
3.4
2.3
4.2
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 37
XBRL?   [ original filing ]
Total numbers found: 262

= Typical FIZZ range from 7/1/2020 to 3/6/2025
31.0
9.5
13.0
14.9
11.9
6.6
5.0
3.2
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL?   [ original filing ]
Total numbers found: 377

= Typical FIZZ range from 7/1/2020 to 3/6/2025
 

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