Canada's Andrew Peller Q3 revenue rises 3.3%

Andrew Peller

10/02/2026 22:09

Overview

Canada wine producer's Q3 revenue rose 3.3% yr/yr, driven by Western Canada and wine club sales growth

Q3 gross margin improved to 41.8% from 40.2% due to lower input costs and support program

Q3 EBITA increased by 6.1% yr/yr to C$19.7 mln

Outlook

Company is investing in growth to gain market share in core markets

Company targets success in high-growth product segments

Company sees sustained momentum in emerging channels in Ontario

Result Drivers

WESTERN CANADA PERFORMANCE - Revenue growth driven by strong sales in Western Canada and wine club sales

COST SAVINGS - Gross margin improvement due to lower input costs and Ontario Grape Support Program

INVESTMENTS IN PROMOTION - Increased selling and administrative expenses due to advertising and promotion expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
C$108.80 mln
C$107 mln (1 Analyst)
Q3 Net Income
C$7.90 mln
Q3 Gross Margin
41.80%
Q3 EBITA
C$19.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the distillers & wineries peer group is "buy"

Wall Street's median 12-month price target for Andrew Peller Ltd is C$12.00, about 124.3% above its February 9 closing price of C$5.35

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX40dHkd

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)