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Earnings

Aegis Brands Reports Third Quarter Results

By The Northwire Desk — AI Analysis Oct 31, 2025 · 07:00 AEG · 0.29 AEGIS BRANDS INC.
AEG · Price

Executive Summary

  • Aegis Brands posted a material turnaround, reporting net income of C$0.7 M ($0.01 per share) versus a net loss of C$1.7 M in Q3 2024.
  • Adjusted EBITDA rose 14.7% YoY to C$1.5 M, and year‑to‑date adjusted EBITDA increased 3.5% to C$4.1 M.
  • System sales fell modestly (‑2.3% QoQ, ‑3.8% YTD) but same‑store sales improved in September after a weak start, driven by renovations, franchisee transfers and new store openings.

Key Details

  • Quarterly Financial Highlights
  • System sales: C$32.8 M (‑2.3% YoY).
  • Same‑store sales: ‑7.0% YoY.
  • Adjusted EBITDA: C$1.5 M (↑14.7% YoY).

  • Net income: C$0.7 M, or $0.01 per share (vs. a loss of C$1.7 M, $(0.02) per share in Q3 2024).

  • Year‑to‑Date Financial Highlights

  • System sales YTD: C$98.1 M (‑3.8% YoY).
  • Same‑store sales YTD: ‑7.4% YoY.
  • Adjusted EBITDA YTD: C$4.1 M (↑3.5% YoY).

  • Net income YTD: C$1.9 M, or $0.02 per share (vs. a loss of C$1.1 M, $(0.01) per share in prior year).

  • Operating Performance – St. Louis Bar & Grill

  • September same‑store sales rebounded after early‑quarter weakness; management expects the positive trend to continue into Q4.
  • Renovated locations generated a “significant lift” versus pre‑renovation performance.
  • Franchisee transfers produced an average sales increase of 18 %.

  • New stores are outperforming legacy units, supporting pipeline growth for 2026 and beyond.

  • Traffic Mix

  • On‑premise (dine‑in) traffic is the most profitable channel and showed a rebound.

  • Off‑premise traffic remains challenged; focus remains on profitable in‑restaurant and direct digital channels.

  • Brand Expansion Initiatives

  • Grocery presence expanded: four wing SKUs + Garlic Dill Sauce now in 500+ locations; new chip SKUs slated for Q4 launch.

  • Corporate Social Responsibility

  • “All In For Autism” campaign has raised C$3.25 M since inception, including >C$250 k in 2024. A gala event is scheduled for 13 Nov at the Promenade Mall St. Louis Bar & Grill.

  • Reconciliations (selected)

  • Adjusted EBITDA Q3 2025: C$1,478 k vs. C$1,283 k in Q3 2024.

  • Adjusted net income Q3 2025: C$709 k vs. C$320 k in Q3 2024.

  • Management Quote

    “We’re encouraged by the speed and strength of the sales rebound late in the third quarter and early in the fourth,” said Pelton, highlighting the effectiveness of promotions and franchisee initiatives.

All non‑material boilerplate, forward‑looking statements, and company background have been omitted for brevity.

Read the original news release →

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Earnings