Cizzle Brands Corporation Releases Fiscal Q2 2026 Results

Executive Summary

• Cizzle Brands reported Q2 FY 2026 revenue of $5.1 M, an 80% YoY increase, driven by U.S. growth and the recent acquisition of Flow Water Inc.’s CWENCH Hydration Factory.
• The newly acquired manufacturing business contributed $2.4 M in revenue within just five‑and‑a‑half weeks of closing, adding approximately $184 M of contracted production volume.
• Distribution expanded to over 5,900 points across North America and Europe, including a national launch at 109 Target stores and new product partnerships with NHL MVP Nathan MacKinnon and USA Hockey.

Key Details

• Revenue: $5.1 M for the quarter (up 80% YoY); YTD revenue $8.4 M (up 49%).
• Acquisition: Completed acquisition of Flow Water Inc. (now Cizzle Brands Manufacturing Inc.) on Dec 23, 2025; added CWENCH Hydration Factory in Aurora, Ontario.
• Manufacturing Contribution: $2.4 M revenue from the Manufacturing Business in the first 5½ weeks post‑closing. Contracted production volume at acquisition: ~$184 M with minimum take‑or‑pay provisions.
• Operating Expenses: Adjusted operating expenses $4.5 M, up 19% YoY.
• U.S. Branded Revenue: $1.3 M in Q2 (nearly double prior year). Growth from new distributor relationships, e‑commerce, and specialty channels.
• International Revenue: Up 55% YoY, driven by European distributors.
• SPOKEN Nutrition: Continued breakout growth; NSF Certified for Sport® qualification highlighted.
• New Product Launches:
• CWENCH Hydration™ “Golden Berry” (partnered with Nathan MacKinnon) and “Miracle On Ice™” (partnered with USA Hockey).
• SnakStars™ Sport Bites – high‑protein, high‑fibre snack for active kids.
• Retail Expansion: CWENCH Hydration now in 109 Target stores (U.S.) and on Target.com; products available at over 5,900 retail points including Target, Sport Chek, Canadian Tire, etc.
• Partnerships & Sponsorships: Official Sports Drink of USA Lacrosse; official drink of New York State Amateur Hockey Association; ongoing collaborations with USA Hockey, USA Lacrosse, state hockey associations, and multiple professional sports teams (21 NHL, 21 MLB, 5 NFL, 4 NBA).
• Outlook: Management expects the Manufacturing Business to provide highly visible, predictable revenue and cash flow as production scales; continued investment in brand expansion and U.S. footprint anticipated.

Notable Quotes

“The closing of our acquisition of the CWENCH Hydration Factory marks a defining moment… we are now a vertically integrated platform with the production capacity, contracted revenue base, and brand momentum to execute on our long‑term growth strategy.” – John Celenza, Founder, Chairman & CEO

“Our U.S. business has almost doubled… partnerships with USA Hockey, USA Lacrosse, and state hockey associations are driving unprecedented momentum heading into the second half of fiscal 2026.” – John Celenza