Anecdotal evidence suggests that incidents like the recall of the exploding Samsung Galaxy 7 phones drive owners of other (competing) brands to experience and express feelings of joy when a rival brand fails (e.g., “the hottest phone in the streets!”). Although consumers sometimes experience brand-related schadenfreude—that is, joy out of other brand’s failure—, psychological processes driving schadenfreude are not clearly understood (Hickman & Ward, 2007; Van Dijk, Van Koningsbruggen, Ouwerkerk, & Wesseling, 2011). We propose that schadenfreude may be elicited by consumers’ tendencies to stand by their choices (Ye & Gawronski, 2016). We demonstrate that consumers show higher levels of schadenfreude if their choice is disconfirmed; for example, by a comparative product review that evaluates their chosen brand to be inferior to a rival non-chosen brand. Furthermore, this effect is moderated by the popularity of the chosen brand and mediated by feelings of self-threat. Moreover, we show that this effect is stronger for narcissists. We also find evidence that schadenfreude is a means for consumers to reaffirm their sense of self after they experience a self-threat induced by the disconfirmation of their choice.