Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Earnings

Corby Spirit and Wine Limited reports strong Q1 fiscal 2026 results including record quarterly revenue and Adjusted EBITDA and announces dividend of $0.23 per share

CSW · Price

Executive Summary

  • Corby Spirit and Wine Limited reported record Q1 FY2026 revenue of C$75.4 M (+16% YoY) and record Adjusted EBITDA of C$20.3 M (+4% YoY).
  • Adjusted Net Earnings rose 8% to C$11.0 M; cash flow from operations increased 53% to C$5.6 M.
  • The Board declared a quarterly dividend of $0.23 per share, payable Dec 19, 2025.

Key Details

  • Revenue: C$75.4 M (record high), driven by domestic case goods (C$61.3 M, +15%) and export revenue (C$4.9 M, +55%).
  • Adjusted EBITDA: C$20.3 M (record), representing a 4% YoY increase.
  • Adjusted Net Earnings: C$11.0 M (+8% YoY); basic EPS $0.39 (up 8%).
  • Operating Cash Flow: C$5.6 M, up C$1.9 M (53%) YoY.
  • Net Debt / Adjusted EBITDA Ratio: 1.4x, unchanged from Q4 FY2025.
  • Dividend: $0.23 per Voting Class A and Non‑Voting Class B share; payable Dec 19, 2025 to shareholders of record Nov 28, 2025. Dividend payout ratio 55% over the last four quarters.
  • Expenses: Marketing, sales & admin expenses C$20.1 M (+11% YoY), rising slower than revenue.
  • Market Highlights: RTD portfolio (ex‑Nude) grew 44% YoY; overall spirits market down 0.9% but Corby’s owned/represented spirits up 0.5% YoY.
  • Conference Call: Scheduled for Fri, Nov 14, 2025 at 9:00 a.m. EST; dial‑in numbers and webcast link provided.

Notable Quotes

“Corby delivered a strong start to the fiscal year… revenue also benefitted from a low comparative base and favourable order phasing… we anticipate a softer second quarter as these puts and takes normalize.” – Nicolas Krantz, President & CEO


Read the original news release →

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