Canadian spirits company Corby's Q1 revenue up 16% to record $75.4 mln

Corby Spirit and Wine

12/11/2025 21:44

Overview

Corby Q1 fiscal 2026 revenue grows 16% yr/yr, reaching an all-time high of C$75.4 mln

Adjusted EBITDA for Q1 reaches record C$20.3 mln, up 4% yr/yr

Adjusted net earnings for Q1 rise 8% yr/yr to C$11 mln

Outlook

Company anticipates softer Q2 due to low comparative base and BCGEU strike impact

Corby expects full-year results to reflect market-leading strategy execution

Result Drivers

RTD EXPANSION - Continued expansion of the RTD business contributed to revenue growth, supported by post-LCBO strike recovery

SPIRITS MARKET SHARE - Increased spirits market share due to removal of US-origin products in key provinces

EXPORT RECOVERY - Export revenue increased 55% driven by recovery in US and UK shipments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
C$75.40 mln
Q1 Adjusted EPS
C$0.39
Q1 EPS
C$0.36
Q1 Adjusted Net Income
C$11 mln
Q1 Net Income
C$10.20 mln
Q1 Adjusted Income from Operations
C$16.52 mln
Q1 Income from Operations
C$16.40 mln


Press Release: ID:nCNWNg65ha

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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.)