Northwire Canada EditionFriday, October 16, 2026
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Earnings

Cizzle Brands Corporation Releases its Fiscal Q1 2026 Results

CZZL · Price

Executive Summary

  • Cizzle Brands reported Q1 FY 2026 revenue of $3.3 M, an 18% year‑over‑year increase driven by strong on‑shelf velocity of its CWENCH Hydration product.
  • Gross profit reached $1.8 M, delivering a 54% gross margin.
  • The company secured a non‑dilutive revolving credit facility of $5.0 M to fund working capital and growth initiatives, and added three new directors (Ndamukong Suh, Geoff Bedford, Michael Doolan).

Key Details

  • Revenue: $3.3 million in Q1 FY 2026 vs. $2.8 million in Q1 FY 2025 (+18% YoY).
  • Gross Profit / Margin: $1.8 million gross profit; 54% gross margin.
  • Distribution Expansion: Added major retail banners – Loblaws, Real Canadian Superstore, Circle K, Petro‑Canada, Pure Hockey.
  • Product Launch: Introduced “HappiEats Sport Pasta,” expanding beyond beverages and supplements.
  • Financing: Secured a $5.0 million non‑dilutive revolving credit facility for working capital and growth; terms not disclosed.
  • Board Strengthening: New directors appointed – Ndamukong Suh (former NFL player), Geoff Bedford, Michael Doolan.
  • Management Commentary: CEO John Celenza highlighted momentum, marketing/infrastructure investments, and confidence in long‑term shareholder value creation.
  • Outlook: Management expects continued retail expansion, brand‑building, athlete partnerships, product innovation, sustained revenue growth, and margin improvement as scale efficiencies are realized.

Notable Quotes

“We are starting fiscal 2026 with strong momentum,” said John Celenza, CEO. “Revenue growth of 18% year‑over‑year reflects strong demand for CWENCH Hydration… we believe Cizzle is extremely well positioned to execute on our growth plans and drive long‑term shareholder value.”

Read the original news release →

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