Jones Soda Announces Expanded Costco Program, Extending Record Q4 Momentum Into 2026

Executive Summary

• Jones Soda announced the expansion of its Costco program with initial shipments to multiple Canadian locations, building on a record Q4.
• The company expects the expanded program to contribute meaningfully to net sales in the first half of 2026 and support continued revenue growth.
• Management highlighted disciplined gross‑margin execution and an emphasis on scalable retail partnerships as part of its growth strategy.

Key Details

• Initial large‑scale shipments are now rolling out to select Costco warehouse locations across much of Canada.
• Expansion follows a record fourth quarter, the strongest in company history.
• CEO Scott Harvey stated the program demonstrates strong brand partnerships and growing demand for Jones products across core retail channels.
• The expanded Costco program is projected to meaningfully boost net sales during H1 2026 while leveraging operational and margin improvements achieved in 2025.
• Company continues to focus on:
• Scalable retail partnerships with national partners.
• Disciplined cost management.
• A focused product portfolio aimed at driving sustainable revenue growth, improving operating leverage, and strengthening the financial profile.

Notable Quotes

“We are entering 2026 with clear momentum following our strongest quarter in the Company's history. The expansion of our Costco program demonstrates the strength of our brand partnerships, our ability to execute at scale, and the growing demand for Jones products across core retail channels.” – Scott Harvey, Chief Executive Officer