Earnings

Andrew Peller Limited Reports Financial Results for First Quarter of Fiscal 2026

By The Northwire Desk — AI Analysis Aug 06, 2025 · 17:00 ADW · 5.51

ADW · Price

Andrew Peller Limited reported first-quarter fiscal 2026 results, showing a return to profitability with net income of $4.6 million compared to a net loss in the prior year.
EBITA increased by 25.4% year-over-year to $16.1 million, driven by improved gross margins and cost savings programs.
The company announced dividends of $0.0615 per Class A Share and $0.535 per Class B Share, and completed the sale of non-core assets in Kaleden, BC for $1.3 million.

Revenue: $99.2 million (2025) vs. $99.5 million (2024).
Gross Margin: Increased to 42.4% from 38.4% in the prior year.
EBITA: $16.1 million, up from $12.9 million in Q1 2025 (a 25.4% increase).
Net Income: $4.6 million ($0.11 per Class A Share) vs. a net loss of $0.4 million ($0.01 loss per Class A Share) in Q1 2025.
Dividends: Declared $0.0615 per Class A Share and $0.535 per Class B Share.
Margin Drivers: Gross margin improvement attributed to lower costs for glass bottles and inbound freight, plus a $2.1 million benefit from the Ontario Government Support Program.
Expense Changes: Selling and administrative expenses increased to 26.1% of revenue (from 25.5%) due to timing of professional services and advertising, partially offset by reduced compensation from restructuring.
Interest Expense: Decreased 14.8% to $3.9 million due to lower average debt levels and interest rates.
Asset Sale: Completed the sale of land, vineyard, and building assets in Kaleden, BC for proceeds of $1.3 million (net book value was $1.0 million).
Conference Call: Scheduled for August 7, 2025, at 10:00 a.m. ET.

“Our first quarter results were highlighted by a 25% year-over-year increase in EBITA as we continue to navigate a dynamic retail environment... Our strong performance in the quarter was due to ongoing improvements in our margins, profitability, and free cash flow, while lowering debt and further strengthening our balance sheet.” — Paul Dubkowski, CEO

More from