Overview
U.S. craft soda maker's Q1 revenue rose 194% yr/yr, driven by Fallout branded products
Company achieved net income from continuing operations, reversing a loss last year
Expects FY2026 revenue to exceed $40 mln, up more than 60% yr/yr
Outlook
Jones Soda expects FY2026 revenue to exceed $40 mln, up more than 60% year-over-year
Company maintains its net revenue guidance for 2026, projecting growth rate above 60% on 2025 revenue
Jones Soda cites expanded distribution and branded collaborations as drivers of 2026 growth
Result Drivers
FALLOUT BRANDED PRODUCTS - Revenue growth was primarily driven by increased sales of Fallout branded products in the club channel
RETAIL DISTRIBUTION EXPANSION - Expanded retail program with new multi-packs in Walmart and increased Canadian distribution through Circle K supported growth
HIGHER OPERATING EXPENSES - Increase in selling and marketing expenses mainly due to broker and royalty payments related to Fallout product sales
Company press release: ID:nPn3RSDpfa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$12.43 mln
Q1 Net Income
$115,000
Q1 Basic EPS
$0
Q1 Gross Profit
$3.90 mln
Q1 Pretax Profit
$117,000
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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.)