Overview
Canada craft brewer's Q1 net revenue was flat, sales volumes fell 14.9% yr/yr
Company posted operating loss and negative adjusted EBITDA for the quarter
Sales decline driven by lower co-packing volumes and seasonally slow activity
Outlook
Company plans to launch new products in spring and summer 2026
Big Rock says it is seeing early signs of stabilization in wholesale volumes entering its busiest season
Result Drivers
CO-PACKING SALES DROP - Decline in co-packing sales volumes drove overall sales volume decrease
SEASONALLY SLOW ACTIVITY - Company said Q1 was seasonally slow, consistent with industry trends
Company press release: ID:nCNWc25mWa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-C$0.07
Q1 Net Income
-C$1.78 mln
Q1 Adjusted EBITDA
-C$258,000
Q1 Basic EPS
-C$0.07
Q1 Operating Income
-C$974,000
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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.)