Canada's Unisync Q2 revenue rises on new business wins

Unisync

01/05/2026 12:10

Overview

Canada corporate and technical apparel maker's Q2 revenue rose yr/yr, driven by new business wins

Q2 net income and gross margin improved on higher sales and favorable sales mix

Company secured C$8.2 mln in new annualized business during the quarter

Outlook

Company has secured C$8.2 mln in annualized new business during the quarter

Unisync expects robust pipeline of opportunities in Canada and U.S. during 2026

Peerless Garments segment has C$26.5 mln in firm contracts and options as of March 31, 2026

Result Drivers

NEW BUSINESS WINS - Revenue growth was primarily driven by new business that commenced shipping during the quarter

FAVORABLE SALES MIX - Gross margin improvement was attributed to higher sales volumes and a more favorable sales mix

EXPANDED U.S. CUSTOMER BASE - Company secured C$8.2 mln in new annualized business, mainly in the U.S., diversifying its customer base

Company press release: ID:nGNX51rnLz

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
C$28.70 mln
Q2 EPS
C$0.11
Q2 Gross Profit
C$7.40 mln
Q2 Pretax Profit
C$3.10 mln


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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.)