Canada's Corby Spirit and Wine Q2 revenue rises 9%, dividend up 4.3%

Corby Spirit and Wine

11/02/2026 21:27

Overview

Canada spirits maker's Q2 revenue rose 9% yr/yr, driven by RTD expansion

Q2 adjusted net earnings increased 8% yr/yr

Company increased quarterly dividend by 4.3% to $0.24 per share

Outlook

Corby plans to accelerate RTD business expansion

Company aims to unlock new opportunities amid evolving retail landscape

Result Drivers

RTD EXPANSION - Corby's RTD business expansion contributed significantly to revenue growth, with a 28% increase in retail sales value year-over-year

SPIRITS MARKET SHARE - Despite a declining spirits market, Corby gained significant market share, outpacing the market by 689bps year-over-year

EXPORT SALES GROWTH - Export case goods sales increased by 25% year-over-year, driven by strong sales execution and renewed channel pipeline fill

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
C$66.90 mln
Q2 Adjusted EPS
C$0.32
Q2 EPS
C$0.31
Q2 Adjusted Net Income
C$9.10 mln
Q2 Net Income
C$8.80 mln
Q2 Adjusted Income from Operations
C$13.80 mln
Q2 Dividend
C$0.24
Q2 Income from Operations
C$13.80 mln


Press Release: ID:nCNWJX6Zza

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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.)